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

Workers' remittances and compensation of employees, received (% of GDP) in Solomon Islands was at 1.6462 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 solomon islands 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.


Solomon Islands | Economy & Growth

GDP (current US$)
1129164719 USD
GDP (current LCU)
8937000000 LCU
GDP (constant 2000 US$)
861006850 USD
GDP (constant LCU)
4750000000 LCU
GNI (current US$)
1121078500 USD
GNI (current LCU)
8873000000 LCU
GNI (constant 2000 US$)
496544088 USD