Lao People's Democratic Republic vs Lithuania: Remittance inflows to GDP
Remittance inflows to GDP over time
- Lao People's Democratic Republic
- Lithuania
How they compare
Lithuania currently reports 1.4% against 1.2% in Lao People's Democratic Republic, a difference of 0.2%.
That makes Lithuania's figure about 1.1 times Lao People's Democratic Republic's.
The two have swapped places 3 times across 26 shared years of data; in 1995 it was Lao People's Democratic Republic ahead.
Lao People's Democratic Republic ranks 120th and Lithuania ranks 117th of 196 countries.
Across the 4 decades both report, Lao People's Democratic Republic averaged higher in 1 and Lithuania in 3.
Head to head by decade
| Decade | Lao People's Democratic Republic | Lithuania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | Lao People's Democratic Republic |
| 2000s | 0.1% | 2.1% | 2.0% | Lithuania |
| 2010s | 1.4% | 3.5% | 2.2% | Lithuania |
| 2020s | 1.2% | 1.4% | 0.2% | Lithuania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Lao People's Democratic Republic or Lithuania?
- Lithuania, at 1.4% against 1.2% in Lao People's Democratic Republic as of 2020.
- What is the difference in remittance inflows to gdp between Lao People's Democratic Republic and Lithuania?
- 0.2%, with Lithuania ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Lithuania?
- 26 years are reported by both, from 1995 to 2020.
- How do Lao People's Democratic Republic and Lithuania rank globally for remittance inflows to gdp?
- Lao People's Democratic Republic ranks 120th and Lithuania ranks 117th of 196 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.