European Union Compared by Labor > Workers' remittances and compensation of employees > Paid > US$ > Per $ GDP
DEFINITION:
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. WorkersÂ’ remittances are classified as current private transfers from migrant workers who are residents of the host country to recipients in their country of origin. They include only transfers made by workers who have been living in the host country for more than a year, irrespective of their immigration status. Compensation of employees is the income of migrants who have lived in the host country for less than a year. MigrantsÂ’ transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Per $ GDP figures expressed per 1,000 $ gross domestic product.
CONTENTS
Citation
Interesting observations about Labor > Workers' remittances and compensation of employees > Paid > US$ > Per $ GDP
- Luxembourg ranked first for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst Christian countries in 2005.
- Liberia ranked first for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst Hot countries in 1987.
- Lebanon ranked first for workers' remittances and compensation of employees > paid > US$ > per $ GDP globally in 2005.
- Malaysia ranked first for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst Emerging markets in 2005.
- Bahrain ranked first for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst Former British colonies in 2005.
- Switzerland ranked second for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst Europe in 2005.
- Israel ranked third for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst High income OECD countries in 2005.
- Czech Republic ranked second for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst European Union in 2005.
- Jamaica ranked second for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst Heavily indebted countries in 2005.
- Saudi Arabia ranked first for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst Religious countries in 2005.
- Japan ranked last for workers' remittances and compensation of employees > paid > US$ > per $ GDP amongst Group of 7 countries (G7) in 2005.
