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Title:               Remittance Inflows to GDP for Montenegro
Series ID:           DDOI11MEA156NWDB
Source:              World Bank
Release:             Global Financial Development (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Percent
Date Range:          2005-01-01 to 2020-01-01
Last Updated:        2024-05-07 3:28 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
2005-01-01  0.000000000000000
2006-01-01  0.000000000000000
2007-01-01  5.336610000000000
2008-01-01  6.557980000000001
2009-01-01  7.288790000000000
2010-01-01 10.040200000000000
2011-01-01 11.213700000000000
2012-01-01 12.415200000000000
2013-01-01 12.210800000000000
2014-01-01 11.827900000000000
2015-01-01 11.584900000000000
2016-01-01 10.985900000000000
2017-01-01 10.768800000000000
2018-01-01 10.693900000000000
2019-01-01 10.543000000000000
2020-01-01 12.565100000000000