Remittance inflows as a share of GDP in Algeria 2003-2022

Personal remittance inflows as a percentage of the gross domestic product (GDP) in Algeria from 2003 to 2022

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Sources

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Release date

February 2024

Region

Algeria

Survey time period

2003 to 2022

Supplementary notes

Figures have been rounded.
Data are estimates.

The source adds the following information:
'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.'

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