Guinea vs Norway: Remittance inflows to GDP
Remittance inflows to GDP over time
- Guinea
- Norway
How they compare
Norway currently reports 0.2% against 0.2% in Guinea, a difference of 0.0%.
The two have swapped places 4 times across 35 shared years of data; in 1986 it was Norway ahead.
Guinea ranks 167th and Norway ranks 164th of 197 countries.
Across the 5 decades both report, Guinea averaged higher in 4 and Norway in 1.
Head to head by decade
| Decade | Guinea | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.5% | 0.1% | 0.4% | Guinea |
| 1990s | 0.2% | 0.2% | 0.0% | Guinea |
| 2000s | 0.9% | 0.2% | 0.8% | Guinea |
| 2010s | 0.9% | 0.2% | 0.7% | Guinea |
| 2020s | 0.2% | 0.2% | 0.0% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Guinea or Norway?
- Norway, at 0.2% against 0.2% in Guinea as of 2020.
- What is the difference in remittance inflows to gdp between Guinea and Norway?
- 0.0%, with Norway ahead.
- How many years of comparable data are there for Guinea and Norway?
- 35 years are reported by both, from 1986 to 2020.
- How do Guinea and Norway rank globally for remittance inflows to gdp?
- Guinea ranks 167th and Norway ranks 164th 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.