Bilateral data on remittances for OECD countries

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Bilateral data on remittances for OECD countries
Agenda Item 6.2

• Fabiana Cerasa
• OECD Statistics Directorate

, STD/SES/TAGS 2nd WPTGS Meeting
16.-18.11.2009, Paris
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General 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

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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

Source BPM6
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Ad-hoc questionnaire (2)

• 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

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WR Outflows
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Major WR corridors, Outflows, bn , 2006
to MAR 0.99
to COL 1.69
To CHN 0.88
to IND 0.8
to ECU 1.45
to TUR 1.02
to BOL 0.93
to ROU 0.98
to PRT 1
Source Eurostat
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WR Inflows
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Major WR corridors, Inflows, bn , 2006
from US 0.33
from US 0.46
from SAU 0.77
from US 0.72
from DEU 0.5
from UK 1.45
from NLD 0.41
from FRA 0.61
from CHE 0.67
from FRA 1.23
Source Eurostat and OECD
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CoE Outflows
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Major CoE corridors, Outflows, bn , 2006
from US to CAN 0.48
to MEX 7
to SWE 0.93
to DEU 0.71
to POL 3.6
from LUX to BEL 2.2
from LUX to DEU 1.79
from BEL to FRA 1.34
to SVK 1.14
from LUX to FRA 3.42
to FRA 2.25
Source Eurostat and OECD
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COE Inflows
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Major CoE corridors, Inflows, bn , 2006
from US 0.66
from NLD 0.89
from LUX to BEL 2.04
from LUX 1.75
from DEU 2.33
from LUX 2.36
from CHE 1.85
from CHE 5.13
Source Eurostat and OECD
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International initiatives the launch of the RCG
(1)

• RCG published in June 2009
• addresses the need for practical compilation
  guidance, supporting data compilers
• acknowledges the different country circumstances
• constraints
• capabilities
• characteristics

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International initiatives the launch of the RCG
(2)

• 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

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Questions to WPTGS delegates

• 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?