Samoa: Selected Issues and Statistical Appendix

June 29, 2005

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Samoa: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2005) accessed November 12, 2024

Summary

This Selected Issues paper on Samoa reports that remittances are the main source of foreign exchange to the Samoan economy. In addition to remittances, travel credits also play an important role in the economy. Official transfers are also significant, and should remain an important source of balance-of-payments support over the medium term. Remittances are relatively more stable when measured in the remitting country’s currency compared with talas. Remittance receipts account for a similar share of income across different household income groups, except for the richest one.

Subject: Balance of payments, Expenditure, Income, National accounts, Public debt, Remittances, Revenue administration

Keywords: Counter-cyclical remittance, CR, GDP, GDP ratio, Income, ISCR, Pacific Islands, Remittance, Remittance flow, Remittance growth, Remittance receipt, Remittances, Remittances in Samoa, Samoa

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/221
Stock No:

1WSMEA2005003
ISBN:

9781451840728
ISSN:

1934-7685

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