Guatemala vs Palestine, State of: Remittance inflows to GDP
Remittance inflows to GDP over time
- Guatemala
- Palestine, State of
How they compare
Palestine, State of currently reports 16.5% against 14.7% in Guatemala, a difference of 1.8%.
That makes Palestine, State of's figure about 1.1 times Guatemala's.
The two have swapped places 2 times across 26 shared years of data; in 1995 it was Palestine, State of ahead.
Guatemala ranks 21st and Palestine, State of ranks 18th of 197 countries.
Palestine, State of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Guatemala | Palestine, State of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.4% | 20.4% | 18.0% | Palestine, State of |
| 2000s | 9.4% | 12.4% | 3.0% | Palestine, State of |
| 2010s | 11.0% | 13.5% | 2.5% | Palestine, State of |
| 2020s | 14.7% | 16.5% | 1.8% | Palestine, State of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Guatemala or Palestine, State of?
- Palestine, State of, at 16.5% against 14.7% in Guatemala as of 2020.
- What is the difference in remittance inflows to gdp between Guatemala and Palestine, State of?
- 1.8%, with Palestine, State of ahead.
- How many years of comparable data are there for Guatemala and Palestine, State of?
- 26 years are reported by both, from 1995 to 2020.
- How do Guatemala and Palestine, State of rank globally for remittance inflows to gdp?
- Guatemala ranks 21st and Palestine, State of ranks 18th 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.