Workers' remittances and compensation of employees - received (US dollar) in South Korea

Workers' remittances and compensation of employees; received (US dollar) in South Korea was last measured at 6481400000 in 2014, according to the World Bank. 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. This page has the latest recorded value, an historical data chart and related indicators for Workers' remittances and compensation of employees - received (US dollar) in South Korea.



 south korea workers remittances and compensation of employees received us dollar wb data




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SOUTH KOREA | Balance of payments
 1990200020102014 
Trade in services (% of GDP) in South Korea 7.512.217.415.7 [+]
Communications; computer; etc. (% of service imports; BoP) in South Korea 34.144.3 50.0 [+]
Income payments (BoP; US dollar) in South Korea 2981900000.08796700000.015110900000.024705900000.0 [+]
Imports of goods and services (BoP; US dollar) in South Korea 76372800000.0192970200000.0516331800000.0643630000000.0 [+]
Insurance and financial services (% of service imports; BoP) in South Korea -0.11.01.82.2 [+]
Goods imports (BoP; US dollar) in South Korea 66121000000.0159417300000.0422424900000.0528611000000.0 [+]
Service imports (BoP; US dollar) in South Korea 10251800000.033552900000.093906900000.0115019000000.0 [+]
Royalty and license fees; payments (BoP; US dollar) in South Korea 1364400000.03221100000.08964600000.010368600000.0 [+]
Imports of goods; services and income (BoP; US dollar) in South Korea 79354700000.0201766900000.0531442700000.0668335900000.0 [+]
Transport services (% of service imports; BoP) in South Korea 39.032.930.727.5 [+]