Costa Rica vs Trinidad and Tobago: Remittance inflows to GDP
Remittance inflows to GDP over time
- Costa Rica
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 0.9% against 0.8% in Costa Rica, a difference of 0.1%.
That makes Trinidad and Tobago's figure about 1.1 times Costa Rica's.
The two have swapped places 5 times across 44 shared years of data; in 1977 it was Costa Rica ahead.
Costa Rica ranks 129th and Trinidad and Tobago ranks 127th of 197 countries.
Across the 6 decades both report, Costa Rica averaged higher in 5 and Trinidad and Tobago in 1.
Head to head by decade
| Decade | Costa Rica | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.0% | Costa Rica |
| 1980s | 0.2% | 0.1% | 0.1% | Costa Rica |
| 1990s | 0.6% | 0.4% | 0.2% | Costa Rica |
| 2000s | 1.8% | 0.6% | 1.2% | Costa Rica |
| 2010s | 1.1% | 0.6% | 0.5% | Costa Rica |
| 2020s | 0.8% | 0.9% | 0.1% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Costa Rica or Trinidad and Tobago?
- Trinidad and Tobago, at 0.9% against 0.8% in Costa Rica as of 2020.
- What is the difference in remittance inflows to gdp between Costa Rica and Trinidad and Tobago?
- 0.1%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Costa Rica and Trinidad and Tobago?
- 44 years are reported by both, from 1977 to 2020.
- How do Costa Rica and Trinidad and Tobago rank globally for remittance inflows to gdp?
- Costa Rica ranks 129th and Trinidad and Tobago ranks 127th 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.