Value of remittances received Mongolia 2013-2022
Personal remittances refer to personal transfers and compensation of employees. The former includes all current transfers between resident and nonresident individuals, while the latter refers to the income of workers who are employed in an economy where they are not resident, and of residents employed by nonresident entities. These include border, seasonal, and other short-term workers.
Find more statistics on other topics about Mongolia with key insights such as charges for the use of intellectual property, net trade in goods and services, and gross capital formation.