Australia vs Luxembourg: Personal remittances, paid
Personal remittances, paid over time
- Australia
- Luxembourg
How they compare
Luxembourg currently reports 20.01 billion current US$ against 15.86 billion current US$ in Australia, a difference of 4.15 billion current US$.
That makes Luxembourg's figure about 1.3 times Australia's.
Across all 31 years both countries report, Luxembourg has been ahead every year.
Globally, Australia ranks 9th and Luxembourg ranks 6th of 195 countries.
Individual pages
About this data
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.