Laos - Workers' remittances and compensation of employees, received (current US$)

Workers' remittances and compensation of employees, received (current US$) in Laos was at 92998445 USD, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 laos workers remittances and compensation of employees received us dollar 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. Data are in current U.S. dollars.


Laos | Economy & Growth

GDP (current US$)
12369080043 USD
GDP (current LCU)
100782099021700 LCU
GDP (constant 2000 US$)
10415401473 USD
GDP (constant LCU)
45898633603600 LCU
GNI (current US$)
11729753272 USD
GNI (current LCU)
95572924717000 LCU
GNI (constant 2000 US$)
5201383720 USD
GNI (constant LCU)
17035381797704 LCU
Gross savings (current LCU)
14265624015741 LCU