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Gambia - Personal remittances, received in % of GDP

15 (%) in 2017

In 2017, personal remittances, received (% of GDP) for Gambia was 15 %. Though Gambia personal remittances, received (% of GDP) fluctuated substantially in recent years, it tended to increase through 1979 - 2017 period ending at 15 % in 2017.

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What is personal remittances, received (% of GDP)?

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.

What is Gambia personal remittances, received (% of GDP)?

Date Value Change, %
2017 15 6.55 %
2016 14 47.43 %
2015 10 -10.87 %
2014 11 36.20 %
2013 8 -31.25 %
2012 12 14.91 %
2011 10 -16.33 %
2010 12 37.19 %
2009 9 32.03 %
2008 7 -3.68 %
2007 7 -28.43 %
2006 10