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
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STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
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
STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
• 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)
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STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
WR OutflowsWR Outflowsbn USD 2005 2006
World 100 117
OECD 68 78% 68 66
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STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
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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
STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
WR InflowsWR Inflowsbn USD 2005 2006
World 153 181
OECD 40 46% 26 25
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STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
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
from US 0.33from US 0.33
STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
CoE OutflowsCoE Outflowsbn USD 2005 2006
World 85 95
OECD 60 65% 70 68
9
STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
10Source: Eurostat and OECD
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
STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
COE InflowsCOE Inflowsbn USD 2005 2006
World 76 83
OECD 54 57% 71 70
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STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
12Source: Eurostat and OECD
from CHE 5.13from CHE 5.13
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 CHE 1.85from CHE 1.85
from LUX 1.75from LUX 1.75from NLD 0.89from NLD 0.89
from US 0.66from US 0.66
STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
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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STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
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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STD/SES/TAGS – Trade and Globalisation StatisticsSTD/SES/TAGS – Trade and Globalisation Statistics
• 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:
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