NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Remittance Inflows to GDP for Dominican Republic Series ID: DDOI11DOA156NWDB Source: World Bank Release: Global Financial Development (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Annual Units: Percent Date Range: 1970-01-01 to 2020-01-01 Last Updated: 2024-05-07 3:30 PM CDT Notes: 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. Source Code: GFDD.OI.13 DATE VALUE 1970-01-01 1.6896700000000000 1971-01-01 0.8700870000000000 1972-01-01 1.2076100000000000 1973-01-01 1.0235400000000000 1974-01-01 0.9160200000000001 1975-01-01 0.7779510000000001 1976-01-01 2.8343700000000003 1977-01-01 2.6945099999999997 1978-01-01 2.7796600000000000 1979-01-01 2.9333700000000000 1980-01-01 2.7080599999999997 1981-01-01 2.4189000000000000 1982-01-01 2.2981800000000000 1983-01-01 2.1148300000000000 1984-01-01 1.7681600000000000 1985-01-01 4.7972199999999990 1986-01-01 3.6816800000000005 1987-01-01 4.6868099999999995 1988-01-01 5.3737100000000000 1989-01-01 4.4940700000000000 1990-01-01 4.4503000000000000 1991-01-01 3.3538600000000000 1992-01-01 2.9865500000000000 1993-01-01 5.7954099999999995 1994-01-01 5.4456500000000000 1995-01-01 5.0440700000000000 1996-01-01 5.2774700000000000 1997-01-01 5.7060100000000000 1998-01-01 6.4866400000000000 1999-01-01 7.3683300000000000 2000-01-01 7.5653000000000000 2001-01-01 7.7408700000000000 2002-01-01 8.0858600000000000 2003-01-01 10.8647000000000000 2004-01-01 11.2049000000000000 2005-01-01 7.6002899999999990 2006-01-01 8.0618000000000000 2007-01-01 7.7265300000000000 2008-01-01 7.4923300000000000 2009-01-01 7.0754800000000010 2010-01-01 7.2168399999999995 2011-01-01 7.3078000000000000 2012-01-01 7.0237200000000000 2013-01-01 7.1559399999999990 2014-01-01 7.1604700000000000 2015-01-01 7.3016399999999990 2016-01-01 7.2761600000000010 2017-01-01 7.7224500000000000 2018-01-01 7.9687600000000005 2019-01-01 8.3432600000000000 2020-01-01 10.5671000000000000