Libya vs Somalia: Personal remittances, received
Personal remittances, received over time
- Libya
- Somalia
How they compare
Somalia currently reports 21.70 million current US$ against 16.00 million current US$ in Libya, a difference of 5.70 million current US$.
That makes Somalia's figure about 1.4 times Libya's.
Globally, Libya ranks 184th and Somalia ranks 182nd of 196 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.