Bosnia and Herzegovina: Remittances, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Bosnia and Herzegovina: Remittances as percent of GDP

, 1998 - 2019: For that indicator, we provide data for Bosnia and Herzegovina from 1998 to 2019. The average value for Bosnia and Herzegovina during that period was 17.88 percent with a minimum of 10.5 percent in 2011 and a maximum of 48.2 percent in 1998. The latest value from is percent. For comparison, the world average in based on countries is 0.00 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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.
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