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

Workers' remittances and compensation of employees, received (current US$) in Malaysia was at 1642510468 USD, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 malaysia 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.


Malaysia | Economy & Growth

GDP (current US$)
296283190373 USD
GDP (current LCU)
1157134000000 LCU
GDP (constant 2000 US$)
329952500699 USD
GDP (constant LCU)
1062810000000 LCU
GNI (current US$)
287975419281 USD
GNI (current LCU)
1124688000000 LCU
GNI (constant 2000 US$)
320793335708 USD
GNI (constant LCU)
1033306114387 LCU
Gross savings (current US$)
83056513055 USD
Gross savings (current LCU)
324377211738 LCU