Title: Remittance Inflows to GDP for Nigeria Series ID: DDOI11NGA156NWDB Source: World Bank Release: Global Financial Development (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Annual Units: Percent Date Range: 1996-01-01 to 2017-01-01 Last Updated: 2019-10-21 2:50 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 1996-01-01 0.5806810000000000 1997-01-01 1.0755800000000000 1998-01-01 0.8214530000000001 1999-01-01 2.1913400000000003 2000-01-01 2.0041100000000000 2001-01-01 1.5758600000000000 2002-01-01 1.2674400000000000 2003-01-01 1.0130600000000000 2004-01-01 1.6664000000000000 2005-01-01 8.3119000000000000 2006-01-01 7.1714800000000000 2007-01-01 6.5358300000000010 2008-01-01 5.6977100000000000 2009-01-01 6.2930300000000000 2010-01-01 5.4339200000000000 2011-01-01 5.0244100000000000 2012-01-01 4.4719300000000000 2013-01-01 4.0385400000000000 2014-01-01 3.6598300000000004 2015-01-01 4.2778900000000000 2016-01-01 4.8633200000000000 2017-01-01 5.8552200000000000