Kuwait vs Venezuela: Remittance inflows to GDP (%)
Remittance inflows to GDP (%) over time
- Kuwait
- Venezuela
How they compare
Venezuela currently reports 0.0% against 0.0% in Kuwait, a difference of 0.0%.
That makes Venezuela's figure about 1.2 times Kuwait's.
Across all 10 years both countries report, Venezuela has been ahead every year.
Kuwait ranks 186th and Venezuela ranks 185th of 197 countries.
Venezuela has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kuwait | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.0% | 0.1% | 0.1% | Venezuela |
| 2010s | 0.0% | 0.0% | 0.0% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Kuwait or Venezuela?
- Venezuela, at 0.0% against 0.0% in Kuwait as of 2014.
- What is the difference in remittance inflows to gdp between Kuwait and Venezuela?
- 0.0%, with Venezuela ahead.
- How many years of comparable data are there for Kuwait and Venezuela?
- 10 years are reported by both, from 2005 to 2014.
- How do Kuwait and Venezuela rank globally for remittance inflows to gdp?
- Kuwait ranks 186th and Venezuela ranks 185th 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.
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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.