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Title:               Remittance Inflows to GDP for Lao People's Democratic Republic
Series ID:           DDOI11LAA156NWDB
Source:              World Bank
Release:             Global Financial Development (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Percent
Date Range:          1984-01-01 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
1984-01-01  0.159350000000000000
1985-01-01  0.147887000000000000
1986-01-01  0.208235000000000000
1987-01-01  0.321905999999999970
1988-01-01  1.118600000000000000
1989-01-01  1.162390000000000000
1990-01-01  1.259300000000000000
1991-01-01  1.011590000000000000
1992-01-01  0.957611000000000100
1993-01-01  0.911317000000000000
1994-01-01  0.647834000000000000
1995-01-01  0.022682000000000000
1996-01-01  0.026686000000000000
1997-01-01  0.028620000000000000
1998-01-01  0.046868000000000000
1999-01-01  0.041253000000000000
2000-01-01  0.038124000000000000
2001-01-01  0.039272000000000000
2002-01-01  0.041481000000000000
2003-01-01  0.037847000000000006
2004-01-01  0.033977999999999994
2005-01-01  0.030341000000000003
2006-01-01  0.122639000000000010
2007-01-01  0.146898000000000000
2008-01-01  0.326353000000000000
2009-01-01  0.643856000000000100
2010-01-01  0.585747999999999900
2011-01-01  1.260530000000000000
2012-01-01  1.991480000000000000
2013-01-01  1.422290000000000000
2014-01-01  1.416110000000000000
2015-01-01  1.311570000000000100
2016-01-01  1.190020000000000000
2017-01-01  1.421750000000000000
2018-01-01  1.322260000000000000
2019-01-01  1.582220000000000200
2020-01-01  1.223100000000000000