Azerbaijan vs North Macedonia: Remittance inflows to GDP
Remittance inflows to GDP over time
- Azerbaijan
- North Macedonia
How they compare
North Macedonia currently reports 3.4% against 3.3% in Azerbaijan, a difference of 0.1%.
The two have swapped places 4 times across 25 shared years of data; in 1996 it was North Macedonia ahead.
Azerbaijan ranks 80th and North Macedonia ranks 78th of 197 countries.
North Macedonia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4% | 1.8% | 1.4% | North Macedonia |
| 2000s | 2.8% | 3.4% | 0.6% | North Macedonia |
| 2010s | 2.5% | 3.3% | 0.7% | North Macedonia |
| 2020s | 3.3% | 3.4% | 0.1% | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Azerbaijan or North Macedonia?
- North Macedonia, at 3.4% against 3.3% in Azerbaijan as of 2020.
- What is the difference in remittance inflows to gdp between Azerbaijan and North Macedonia?
- 0.1%, with North Macedonia ahead.
- How many years of comparable data are there for Azerbaijan and North Macedonia?
- 25 years are reported by both, from 1996 to 2020.
- How do Azerbaijan and North Macedonia rank globally for remittance inflows to gdp?
- Azerbaijan ranks 80th and North Macedonia ranks 78th 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.
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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.