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

Workers' remittances and compensation of employees, received (% of GDP) in Spain was at 0.22218 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 spain 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.


Spain | Economy & Growth

Stock Markets, US$
60.67 USD
GDP (current US$)
1192901186647 USD
GDP (current LCU)
1075639000000 LCU
GDP (constant 2000 US$)
1414944370861 USD
GDP (constant LCU)
1068283000000 LCU
GNI (current US$)
1192036153931 USD
GNI (current LCU)
1074859000000 LCU
GNI (constant 2000 US$)
1413931888177 USD
GNI (constant LCU)
1067518575573 LCU
Gross savings (current US$)
255569494223 USD
Gross savings (current LCU)
230447012941 LCU
Total Reserves
63144 %