Samoa: Selected Issues and Statistical Appendix

International Monetary Fund

No 2005/221, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; remittance; remittance flow; GDP; Samoa; remittance receipt; GDP ratio; remittances in Samoa; counter-cyclical remittance; remittance growth; Remittances; Income; Pacific Islands (search for similar items in EconPapers)
Pages: 49
Date: 2005-06-29
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Citations: View citations in EconPapers (4)

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