Federal Reserve Economic Data

FRED Economic Data, St. Louis FED

Remittance Inflows to GDP for Honduras (DDOI11HNA156NWDB)

Observations

2020: 23.45430
Updated: May 7, 2024 3:28 PM CDT
Next Release Date: Not Available
2020:  23.45430  
2019:  21.52840  
2018:  19.84620  
2017:  18.68390  
2016:  17.79080  
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Percent,
Not Seasonally Adjusted

Frequency:

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(a) Remittance Inflows to GDP for Honduras, Percent, Not Seasonally Adjusted (DDOI11HNA156NWDB)

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    Line 1
    Remittance Inflows to GDP for Honduras
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    Notes

    Source: World Bank  

    Release: Global Financial Development  

    Units:  Percent, Not Seasonally Adjusted

    Frequency:  Annual

    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

    Suggested Citation:

    World Bank, Remittance Inflows to GDP for Honduras [DDOI11HNA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDOI11HNA156NWDB, March 7, 2025.

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    Honduras Remittances Global Financial Development World Bank Gross Domestic Product Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted

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