Benin - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Benin was at 3.6697 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 benin workers remittances and compensation of employees received percent of gdp wb data




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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.


Benin | Economy & Growth

GDP (current US$)
8290986804 USD
GDP (current LCU)
4903700000000 LCU
GDP (constant 2000 US$)
8755259214 USD
GDP (constant LCU)
3938600000000 LCU
GNI (current US$)
8263954911 USD
GNI (current LCU)
4887712000000 LCU
GNI (constant 2000 US$)
8726455086 USD
GNI (constant LCU)
3925185836273 LCU
Gross savings (current LCU)
774709648926 LCU