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Indicator 17.3.2 Volume of remittances (in United States dollars) as a proportion of total GDP

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Headline data

Source: World Bank

Geographical Area: United Kingdom

Unit of Measurement: Percentage (%)

This table provides metadata for the actual indicator available from UK statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from UK statistics, this table should be consulted for information on national methodology and other UK-specific metadata information.

Indicator available
Indicator description
Geographical coverage

United Kingdom

Unit of measurement

Percentage (%)

Definitions

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.

Available disaggregations
Calculations
Other information

Data follows the UN specification for this indicator. This indicator has been identified in collaboration with topic experts.

Data last updated 2020-10-16: see changes on GitHub opens in a new window
Metadata last updated 2020-10-16: see changes on GitHub opens in a new window

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator name

Volume of remittances (in United States dollars) as a proportion of total GDP

Target name

Mobilize additional financial resources for developing countries from multiple sources

Global indicator description
UN designated tier

Tier I

UN custodian agency

World Bank (WB)

Link to UN metadata United Nations Sustainable Development Goals Metadata (PDF 207 KB) opens in a new window
Organisation

World Bank

Periodicity

Annual

Earliest available data

1987

Geographical coverage

United Kingdom

Link to data source Personal remittances, received (% of GDP) opens in a new window
Release date

14/11/2018

Next release

TBC

Statistical classification

Non-official

Contact details

data@worldbank.org

Other information