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Cameroon

Remittances (% of GDP)

0.82
as percent of GDP
Source: IMF

Global Ranking

117
Palau0.84
117
Panama0.84
117
Costa Rica0.84
120
Seychelles0.83
121
Cameroon0.82
122
Iceland0.76
123
Zambia0.74
124
Austria0.69
125
Russia0.67
126
Syria0.64

Africa Ranking

32
Malawi1.77
33
Burundi1.64
34
Benin1.31
35
Algeria1.17
36
Seychelles0.83
37
Cameroon0.82
38
Zambia0.74
39
Namibia0.61
40
Ivory Coast0.54
41
Tanzania0.52
42
Ethiopia0.38

Definition of Remittances (% of GDP)

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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