Australia BOP: Current Account: Personal Remittances: Received

Australia BOP: Current Account: Personal Remittances: Received data was reported at 1.893 USD bn in 2024. This records an increase from the previous number of 1.717 USD bn for 2023. Australia BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 538.748 USD mn from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 2.485 USD bn in 1991 and a record low of 176.047 USD mn in 1971. Australia BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.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.;IMF balance of payments data, International Monetary Fund (IMF); Staff estimates, World Bank (WB);Sum;

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What was Australia's Australia BOP: Current Account: Personal Remittances: Received in 2024?

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