Sweden - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Sweden was 0.571 as of 2020. Its highest value over the past 50 years was 0.909 in 2009, while its lowest value was 0.000 in 1982.

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
1970 0.015
1971 0.028
1972 0.026
1973 0.027
1974 0.031
1975 0.032
1976 0.046
1977 0.064
1978 0.047
1979 0.038
1980 0.046
1981 0.052
1982 0.000
1983 0.023
1984 0.021
1985 0.020
1986 0.012
1987 0.054
1988 0.050
1989 0.058
1990 0.058
1991 0.075
1992 0.082
1993 0.109
1994 0.109
1995 0.095
1996 0.093
1997 0.118
1998 0.046
1999 0.133
2000 0.167
2001 0.239
2002 0.192
2003 0.406
2004 0.414
2005 0.462
2006 0.531
2007 0.653
2008 0.791
2009 0.909
2010 0.819
2011 0.764
2012 0.777
2013 0.783
2014 0.784
2015 0.672
2016 0.547
2017 0.575
2018 0.553
2019 0.597
2020 0.571

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments