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: 2022-03-23 4:26 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 0.0000000000000000 2006-01-01 0.0000000000000000 2007-01-01 5.3366060000000000 2008-01-01 6.5579759999999990 2009-01-01 7.2887949999999995 2010-01-01 10.0401600000000000 2011-01-01 11.2136800000000000 2012-01-01 12.4152399999999990 2013-01-01 12.2101100000000000 2014-01-01 11.8274100000000000 2015-01-01 11.5849100000000000 2016-01-01 10.9856199999999990 2017-01-01 10.7687200000000000 2018-01-01 10.6942600000000000 2019-01-01 10.5421199999999990 2020-01-01 12.5706600000000000