South Korea vs Tanzania: Remittance inflows to GDP
Remittance inflows to GDP over time
- South Korea
- Tanzania
How they compare
Tanzania currently reports 0.5% against 0.5% in South Korea, a difference of 0.0%.
That makes Tanzania's figure about 1.2 times South Korea's.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was South Korea ahead.
South Korea ranks 146th and Tanzania ranks 143rd of 197 countries.
Across the 4 decades both report, South Korea averaged higher in 2 and Tanzania in 2.
Head to head by decade
| Decade | South Korea | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8% | 0.1% | 0.7% | South Korea |
| 2000s | 0.7% | 0.1% | 0.6% | South Korea |
| 2010s | 0.5% | 0.9% | 0.4% | Tanzania |
| 2020s | 0.5% | 0.5% | 0.1% | Tanzania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, South Korea or Tanzania?
- Tanzania, at 0.5% against 0.5% in South Korea as of 2020.
- What is the difference in remittance inflows to gdp between South Korea and Tanzania?
- 0.0%, with Tanzania ahead.
- How many years of comparable data are there for South Korea and Tanzania?
- 26 years are reported by both, from 1995 to 2020.
- How do South Korea and Tanzania rank globally for remittance inflows to gdp?
- South Korea ranks 146th and Tanzania ranks 143rd 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.