Personal remittances, received (current US$)

Definition

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

Type of figure

Official statistic. Published by a national authority, such as the statistics office or the central bank, and compiled by the source shown.

Updated

Yearly

Compiled from

IMF balance of payments data, International Monetary Fund (IMF); Staff estimates, World Bank (WB)

Source

World Bank, World Development Indicators (BX.TRF.PWKR.CD.DT)

Licence

CC-BY-4.0

Version

Dataset wb-wdi-nigeria, version 3, published 2 November 2026

Cite this

World Bank, World Development Indicators, indicator BX.TRF.PWKR.CD.DT. Retrieved via DataNigeria (dataset wb-wdi-nigeria, version 3, published 2 November 2026). Licence: CC-BY-4.0.

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