Bermuda vs Honduras: Remittance inflows to GDP
Remittance inflows to GDP over time
- Bermuda
- Honduras
How they compare
Honduras currently reports 23.5% against 22.9% in Bermuda, a difference of 0.6%.
The two have swapped places 4 times across 16 shared years of data; in 2005 it was Honduras ahead.
Bermuda ranks 11th and Honduras ranks 10th of 196 countries.
Across the 3 decades both report, Bermuda averaged higher in 1 and Honduras in 2.
Head to head by decade
| Decade | Bermuda | Honduras | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.2% | 19.7% | 3.5% | Honduras |
| 2010s | 20.1% | 17.7% | 2.3% | Bermuda |
| 2020s | 22.9% | 23.5% | 0.6% | Honduras |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Bermuda or Honduras?
- Honduras, at 23.5% against 22.9% in Bermuda as of 2020.
- What is the difference in remittance inflows to gdp between Bermuda and Honduras?
- 0.6%, with Honduras ahead.
- How many years of comparable data are there for Bermuda and Honduras?
- 16 years are reported by both, from 2005 to 2020.
- How do Bermuda and Honduras rank globally for remittance inflows to gdp?
- Bermuda ranks 11th and Honduras ranks 10th of 196 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.