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Remittance Inflows to GDP for Latvia (DDOI11LVA156NWDB)

Observations

2020: 3.23476
Updated: May 7, 2024 3:30 PM CDT
2020:  3.23476  
2019:  3.33038  
2018:  3.59391  
2017:  4.17975  
2016:  4.39739  

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

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Notes

Title Release Dates
Remittance Inflows to GDP for Latvia 2012-09-24 2024-04-23
 
Source    
World Bank 2012-09-24 2024-04-23
 
Release    
Global Financial Development 2012-09-24 2024-04-23
 
Units    
Percent 2012-09-24 2024-04-23
 
Frequency    
Annual 2012-09-24 2024-04-23
 
Seasonal Adjustment    
Not Seasonally Adjusted 2012-09-24 2024-04-23
 
Notes    
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers.

Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year. (International Monetary Fund, World Bank and OECD)

Source Code: GFDD.OI.11

2012-09-24 2015-09-13
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.

Source Code: GFDD.OI.13

2015-09-14 2024-04-23

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Remittances Latvia Global Financial Development World Bank Gross Domestic Product Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted