bilateral data on remittances for oecd countries

STD/PASS/TAGS – Trade and Globalisation StatisticsSTD/PASS/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics

Bilateral data on remittances Bilateral data on remittances for OECD countriesfor OECD countries

Fabiana Cerasa

OECD Statistics Directorate

AgendaAgendaItem 6.2Item 6.2AgendaAgendaItem 6.2Item 6.2

……, STD/SES/TAGS; 2, STD/SES/TAGS; 2ndnd WPTGS Meeting 16.-18.11.2009, Paris WPTGS Meeting 16.-18.11.2009, Paris

STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics

General backgroundGeneral background

• High political and economic interest in remittances in recent years

• Improving the measurement of remittances is essential and at the same time challenging

• In December 2008 OECD sent an ad-hoc questionnaire, complementing work done by Eurostat to obtain more direct information on main remittances corridors

2


Ad-hoc questionnaire (1)Ad-hoc questionnaire (1)

• OECD asked MCs to provide data on:WR World

CoE vis-à-vis

Net CoE 3 major partners

for years 2005-2006-2007

3Source: BPM6


• Questionnaire sent by OECD to OECD-nonEU countries

• Eurostat source used for the others

• In total: 2 countries (7%) only data vis-à-vis WRD

21 countries (70%) data vis-à-vis WRD + bilateral

7 countries (23%) no data

Ad-hoc questionnaire (2)Ad-hoc questionnaire (2)

4


WR OutflowsWR Outflowsbn USD 2005 2006

World 100 117

OECD 68 78% 68 66

5


6

to COL 1.69to COL 1.69

to ECU 1.45to ECU 1.45

to TUR 1.02to TUR 1.02

to PRT 1to PRT 1

to MAR 0.99to MAR 0.99

to ROU 0.98to ROU 0.98

to BOL 0.93to BOL 0.93

To CHN 0.88To CHN 0.88

to IND 0.8to IND 0.8

Source: Eurostat


WR InflowsWR Inflowsbn USD 2005 2006

World 153 181

OECD 40 46% 26 25

7


8Source: Eurostat and OECD

from UK 1.45from UK 1.45

from FRA 1.23from FRA 1.23

from SAU 0.77from SAU 0.77from US 0.72from US 0.72

from CHE 0.67from CHE 0.67

from FRA 0.61from FRA 0.61

from DEU 0.5from DEU 0.5

from US 0.46from US 0.46

from NLD 0.41 from NLD 0.41



CoE OutflowsCoE Outflowsbn USD 2005 2006

World 85 95

OECD 60 65% 70 68

9



to MEX 7to MEX 7

to POL 3.6to POL 3.6

from LUX to FRA 3.42from LUX to FRA 3.42 to FRA 2.25to FRA 2.25

from LUX to BEL 2.2from LUX to BEL 2.2 from LUX to DEU 1.79from LUX to DEU 1.79

from BEL to FRA from BEL to FRA 1.341.34

to SVK 1.14to SVK 1.14

to SWE 0.93to SWE 0.93

to DEU 0.71to DEU 0.71

from US to CAN 0.48from US to CAN 0.48


COE InflowsCOE Inflowsbn USD 2005 2006

World 76 83

OECD 54 57% 71 70

11




from LUX 2.36from LUX 2.36from DEU 2.33from DEU 2.33

from LUX to BEL 2.04from LUX to BEL 2.04


from LUX 1.75from LUX 1.75from NLD 0.89from NLD 0.89



RCG published in June 2009

• addresses the need for practical compilation guidance, supporting data compilers

• acknowledges the different country circumstances:

constraintscapabilitiescharacteristics

International initiatives: International initiatives: the launch of the RCG (1)the launch of the RCG (1)

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RCG does not recommend a single source

• it is up to the country:

to understand its own specific situation regarding personal remittances transactions

to combine different data sources strategically as to ensure sufficient coverage, accuracy and timeliness of data

International initiatives: International initiatives: the launch of the RCG (2)the launch of the RCG (2)

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• Do the tables correctly reflect the current availability of remittances data by partner country?

• Do any countries, that currently do not provide partner country data for Workers’ Remittances and Compensation of Employees, have plans to introduce this?

• Are there any other comments or suggestions on remittances data collection and dissemination process?

Questions to WPTGS delegates:Questions to WPTGS delegates:

15

bilateral data on remittances for oecd countries

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