Bosnia and Herzegovina vs Philippines: Remittance inflows to GDP
Remittance inflows to GDP over time
- Bosnia and Herzegovina
- Philippines
How they compare
Philippines currently reports 9.6% against 9.3% in Bosnia and Herzegovina, a difference of 0.3%.
The two have swapped places 1 time across 23 shared years of data; in 1998 it was Bosnia and Herzegovina ahead.
Bosnia and Herzegovina ranks 41st and Philippines ranks 39th of 197 countries.
Across the 4 decades both report, Bosnia and Herzegovina averaged higher in 3 and Philippines in 1.
Head to head by decade
| Decade | Bosnia and Herzegovina | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 44.1% | 7.4% | 36.7% | Bosnia and Herzegovina |
| 2000s | 19.5% | 11.2% | 8.3% | Bosnia and Herzegovina |
| 2010s | 11.0% | 9.7% | 1.3% | Bosnia and Herzegovina |
| 2020s | 9.3% | 9.6% | 0.3% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Bosnia and Herzegovina or Philippines?
- Philippines, at 9.6% against 9.3% in Bosnia and Herzegovina as of 2020.
- What is the difference in remittance inflows to gdp between Bosnia and Herzegovina and Philippines?
- 0.3%, with Philippines ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Philippines?
- 23 years are reported by both, from 1998 to 2020.
- How do Bosnia and Herzegovina and Philippines rank globally for remittance inflows to gdp?
- Bosnia and Herzegovina ranks 41st and Philippines ranks 39th 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.