Israel - Workers' remittances and compensation of employees, received (% of GDP)

Workers' remittances and compensation of employees, received (% of GDP) in Israel was at 0.28492 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 israel 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.


Israel | Economy & Growth

GDP (current US$)
299415714727 USD
GDP (current LCU)
1163769000000 LCU
GDP (constant 2000 US$)
277531860242 USD
GDP (constant LCU)
1037694000000 LCU
GNI (current US$)
295008914727 USD
GNI (current LCU)
1146640649760 LCU
GNI (constant 2000 US$)
273303467763 USD
GNI (constant LCU)
1021884003147 LCU
Gross savings (current US$)
73386035412 USD
Gross savings (current LCU)
285236842440 LCU
Total Reserves
86101 %