Congo - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Congo was $401,640,300 as of 2016. As the graph below shows, over the past 38 years this indicator reached a maximum value of $401,640,300 in 2016 and a minimum value of $9,430,289 in 1978.

Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
1978 $9,430,289
1979 $18,362,020
1980 $39,142,450
1981 $22,470,710
1982 $23,916,160
1983 $30,498,650
1984 $34,168,150
1985 $34,204,910
1986 $38,971,320
1987 $53,071,750
1988 $55,249,620
1989 $40,437,820
1990 $55,460,720
1991 $52,462,380
1992 $53,269,500
1993 $45,203,710
1994 $23,234,670
1995 $27,388,650
1996 $38,426,170
1997 $34,550,380
1998 $34,587,570
1999 $45,767,480
2000 $36,536,330
2001 $31,589,060
2002 $34,864,290
2003 $39,229,160
2004 $49,405,170
2005 $66,165,130
2006 $80,705,300
2007 $58,155,500
2008 $53,603,660
2009 $64,095,460
2010 $69,660,010
2011 $54,131,880
2012 $51,113,840
2013 $56,950,850
2014 $67,048,940
2015 $67,643,980
2016 $401,640,300

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Congo was $7,704,784 as of 2016. As the graph below shows, over the past 38 years this indicator reached a maximum value of $72,036,670 in 2013 and a minimum value of $9,982 in 1987.

Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
1978 $2,499,381
1979 $3,088,543
1980 $3,175,887
1981 $2,653,792
1982 $2,131,696
1983 $1,609,601
1984 $1,087,505
1985 $565,410
1986 $43,314
1987 $9,982
1988 $4,431,788
1989 $4,404,278
1990 $4,376,768
1991 $4,349,259
1992 $4,321,749
1993 $4,294,240
1994 $4,266,730
1995 $4,239,220
1996 $7,819,336
1997 $4,574,508
1998 $1,937,447
1999 $11,666,410
2000 $10,352,870
2001 $12,119,420
2002 $1,176,491
2003 $12,388,160
2004 $14,954,060
2005 $11,375,100
2006 $13,195,890
2007 $16,665,040
2008 $21,629,940
2009 $33,952,700
2010 $33,104,710
2011 $62,144,750
2012 $68,348,960
2013 $72,036,670
2014 $41,537,980
2015 $29,784,450
2016 $7,704,784

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Congo was 0.075 as of 2016. Its highest value over the past 38 years was 0.496 in 1999, while its lowest value was 0.000 in 1987.

Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.

Source: World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.

See also:

Year Value
1978 0.284
1979 0.258
1980 0.186
1981 0.133
1982 0.099
1983 0.077
1984 0.050
1985 0.026
1986 0.002
1987 0.000
1988 0.200
1989 0.184
1990 0.156
1991 0.160
1992 0.147
1993 0.160
1994 0.241
1995 0.200
1996 0.308
1997 0.197
1998 0.099
1999 0.496
2000 0.321
2001 0.433
2002 0.039
2003 0.354
2004 0.321
2005 0.171
2006 0.164
2007 0.190
2008 0.186
2009 0.351
2010 0.252
2011 0.397
2012 0.386
2013 0.401
2014 0.232
2015 0.251
2016 0.075

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments