Somalia - Workers' remittances and compensation of employees, paid (current US$)

Workers' remittances and compensation of employees, paid (current US$) in Somalia was at 2571629 USD in 1983, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 somalia workers remittances and compensation of employees paid 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. 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.


Somalia | Economy & Growth

GDP (current US$)
5925000000 USD
GDP (current LCU)
131813475000000 LCU
GDP (constant LCU)
92802973696 LCU
GNI (current US$)
5458000000 USD
GNI (current LCU)
121424126000000 LCU
GNI (constant LCU)
87873889754 LCU
Gross savings (current LCU)
89738839034 LCU