Remittances Statistics:
First Meeting of the Luxembourg Group June 2006
Last Updated: July 28, 2017
The Luxembourg Group was created as an informal working group of practitioners to consider the difficulties of collecting and compiling remittance data. The objective of the Group is to make recommendations for improvements that should lead to the production of a compilation guide for remittance statistics.
Jointly with Eurostat and the World Bank, the IMF planned the first meeting of the Luxembourg Group (and constituted its secretariat) which was held in June 2006 with participation from 16 countries (including two absentee contributions). The Centre for Latin American Monetary Studies (CEMLA) also reported about progress in their project of developing compilation guidance for Latin American countries (the IMF Statistics Department participates in an advisory capacity).
The meeting demonstrated that varied experience with data systems for the compilation of remittance data exists, making the planned production of a compilation guide a feasible project. The Group concluded that it will move forward, continuing to collect the required material and producing an annotated outline. The next meeting is planned for December 4-5, 2006, and the Central Bank of Lebanon has offered to host it.
The following countries and international institutions prepared contributions to the Luxembourg meeting:
Albania
Measuring Migrants' Remittances in Albania
Brazil
Remittance Compilation Methodology in Brazil
Centre for Latin American Monetary Studies (CEMLA)
Progress Report on CEMLA Remittances Compilation Manual for LAC Countries
India
Cross-border Workers' Remittances: Transmission Channels and Measurement Issues in India
International Monetary Fund
Remittances in the Balance of Payments Framework: Current Problems and Forthcoming Improvements
Italy
Remittance statistics in Italy - a short note on current practice
Japan
Improvements in Japan's workers' remittances data
Lebanon
Compensation of Employees and Workers' Remittances
Mexico
Balance of Payments Inflows from Migrant Labor Abroad
Moldova
Moldova: Compilation of Data on Remittances
Norway
Compiling Compensation of Employees data in the Norwegian BOP
Compiling remittance data in the Norwegian BOP
Philippines
Statistical Measurement of OFW Remittances
Portugal
Remittances in the Portuguese Balance of Payments
USA
U.S. Experience in Compiling Remittance Statistics
World Bank
Improving Data on Remittances