Benin vs Lao People's Democratic Republic: Remittance inflows to GDP
Remittance inflows to GDP over time
- Benin
- Lao People's Democratic Republic
How they compare
Benin currently reports 1.3% against 1.2% in Lao People's Democratic Republic, a difference of 0.1%.
That makes Benin's figure about 1.1 times Lao People's Democratic Republic's.
The two have swapped places 4 times across 37 shared years of data; in 1984 it was Benin ahead.
Benin ranks 120th and Lao People's Democratic Republic ranks 121st of 197 countries.
Benin has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Benin | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.3% | 0.5% | 3.8% | Benin |
| 1990s | 4.6% | 0.5% | 4.1% | Benin |
| 2000s | 2.0% | 0.1% | 1.9% | Benin |
| 2010s | 1.7% | 1.4% | 0.4% | Benin |
| 2020s | 1.3% | 1.2% | 0.1% | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Benin or Lao People's Democratic Republic?
- Benin, at 1.3% against 1.2% in Lao People's Democratic Republic as of 2020.
- What is the difference in remittance inflows to gdp between Benin and Lao People's Democratic Republic?
- 0.1%, with Benin ahead.
- How many years of comparable data are there for Benin and Lao People's Democratic Republic?
- 37 years are reported by both, from 1984 to 2020.
- How do Benin and Lao People's Democratic Republic rank globally for remittance inflows to gdp?
- Benin ranks 120th and Lao People's Democratic Republic ranks 121st 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.