Australia vs New Zealand: Remittance inflows to GDP
Remittance inflows to GDP over time
- Australia
- New Zealand
How they compare
Australia currently reports 0.1% against 0.1% in New Zealand, a difference of 0.0%.
That makes Australia's figure about 1.3 times New Zealand's.
The two have swapped places 1 time across 49 shared years of data; in 1972 it was New Zealand ahead.
Australia ranks 175th and New Zealand ranks 178th of 197 countries.
Across the 6 decades both report, Australia averaged higher in 1 and New Zealand in 5.
Head to head by decade
| Decade | Australia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.4% | 1.1% | 0.7% | New Zealand |
| 1980s | 0.6% | 1.1% | 0.6% | New Zealand |
| 1990s | 0.3% | 1.6% | 1.3% | New Zealand |
| 2000s | 0.1% | 0.3% | 0.2% | New Zealand |
| 2010s | 0.2% | 0.3% | 0.1% | New Zealand |
| 2020s | 0.1% | 0.1% | 0.0% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Australia or New Zealand?
- Australia, at 0.1% against 0.1% in New Zealand as of 2020.
- What is the difference in remittance inflows to gdp between Australia and New Zealand?
- 0.0%, with Australia ahead.
- How many years of comparable data are there for Australia and New Zealand?
- 49 years are reported by both, from 1972 to 2020.
- How do Australia and New Zealand rank globally for remittance inflows to gdp?
- Australia ranks 175th and New Zealand ranks 178th of 197 countries.
- Where does this data come from?
- World Development Indicators (WDI), World Bank, published as Remittance inflows to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.