Yemen - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Yemen was 12.04 as of 2016. Its highest value over the past 26 years was 26.53 in 1990, while its lowest value was 4.29 in 2011.

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
1990 26.53
1991 16.83
1992 15.75
1993 19.35
1994 25.42
1995 25.37
1996 19.61
1997 17.09
1998 19.01
1999 16.01
2000 13.34
2001 13.13
2002 12.10
2003 10.78
2004 9.25
2005 7.66
2006 6.73
2007 6.10
2008 5.24
2009 4.62
2010 4.94
2011 4.29
2012 9.47
2013 8.27
2014 7.75
2015 7.89
2016 12.04

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