Definition of Remittances

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. Data are in current U.S. dollars.

Related Indicators

• Remittances (% of GDP)
• National Savings as Percent of GDP
• Financial System Deposits
• Bank Return On Assets
• Fiscal Balance