Iceland vs Zambia: Remittance inflows to GDP
Remittance inflows to GDP over time
- Iceland
- Zambia
How they compare
Iceland currently reports 0.8% against 0.7% in Zambia, a difference of 0.1%.
The two have swapped places 1 time across 18 shared years of data; in 2003 it was Zambia ahead.
Iceland ranks 134th and Zambia ranks 135th of 197 countries.
Across the 3 decades both report, Iceland averaged higher in 2 and Zambia in 1.
Head to head by decade
| Decade | Iceland | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5% | 0.5% | 0.0% | Zambia |
| 2010s | 1.0% | 0.3% | 0.7% | Iceland |
| 2020s | 0.8% | 0.7% | 0.0% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Iceland or Zambia?
- Iceland, at 0.8% against 0.7% in Zambia as of 2020.
- What is the difference in remittance inflows to gdp between Iceland and Zambia?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Zambia?
- 18 years are reported by both, from 2003 to 2020.
- How do Iceland and Zambia rank globally for remittance inflows to gdp?
- Iceland ranks 134th and Zambia ranks 135th 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.