Iceland IS: BOP: Current Account: Personal Remittances: Paid

Iceland IS: BOP: Current Account: Personal Remittances: Paid data was reported at 318.573 USD mn in 2017. This records an increase from the previous number of 149.132 USD mn for 2016. Iceland IS: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 16.650 USD mn from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 318.573 USD mn in 2017 and a record low of 0.300 USD mn in 1976. Iceland IS: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Balance of Payments: Current Account. 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.; ; World Bank staff estimates based on IMF balance of payments data.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

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What was Iceland's Iceland IS: BOP: Current Account: Personal Remittances: Paid in 2016?

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