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

Workers' remittances and compensation of employees, received (% of GDP) in Saudi Arabia was at 0.04573 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 saudi arabia 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.


Saudi Arabia | Economy & Growth

GDP (current US$)
646001866667 USD
GDP (current LCU)
2422507000000 LCU
GDP (constant 2000 US$)
672213866667 USD
GDP (constant LCU)
2520802000000 LCU
GNI (current US$)
661666866667 USD
GNI (current LCU)
2481250750000 LCU
GNI (constant 2000 US$)
685892133031 USD
GNI (constant LCU)
2572095498867 LCU
Gross savings (current US$)
162307385333 USD
Gross savings (current LCU)
608652695000 LCU