Title: Remittance Inflows to GDP for Serbia Series ID: DDOI11RSA156NWDB 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 4:24 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 8.7192940000000000 2008-01-01 6.7928809999999995 2009-01-01 10.2958000000000000 2010-01-01 9.8457650000000000 2011-01-01 8.0412509999999990 2012-01-01 8.1886780000000000 2013-01-01 8.3166809999999990 2014-01-01 7.8535030000000000 2015-01-01 8.4991899999999990 2016-01-01 7.8770300000000000 2017-01-01 8.1251830000000000 2018-01-01 8.7787310000000000 2019-01-01 8.2329759999999990 2020-01-01 7.3045919999999995