Belgium vs Colombia: Remittance inflows to GDP
Remittance inflows to GDP over time
- Belgium
- Colombia
How they compare
Colombia currently reports 2.6% against 2.4% in Belgium, a difference of 0.2%.
That makes Colombia's figure about 1.1 times Belgium's.
The two have swapped places 5 times across 46 shared years of data; in 1975 it was Belgium ahead.
Belgium ranks 98th and Colombia ranks 95th of 197 countries.
Across the 6 decades both report, Belgium averaged higher in 4 and Colombia in 2.
Head to head by decade
| Decade | Belgium | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.9% | 0.3% | 0.6% | Belgium |
| 1980s | 1.0% | 0.7% | 0.3% | Belgium |
| 1990s | 1.8% | 1.1% | 0.7% | Belgium |
| 2000s | 1.8% | 2.3% | 0.4% | Colombia |
| 2010s | 2.3% | 1.6% | 0.7% | Belgium |
| 2020s | 2.4% | 2.6% | 0.1% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Belgium or Colombia?
- Colombia, at 2.6% against 2.4% in Belgium as of 2020.
- What is the difference in remittance inflows to gdp between Belgium and Colombia?
- 0.2%, with Colombia ahead.
- How many years of comparable data are there for Belgium and Colombia?
- 46 years are reported by both, from 1975 to 2020.
- How do Belgium and Colombia rank globally for remittance inflows to gdp?
- Belgium ranks 98th and Colombia ranks 95th 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.