Lesotho vs Palestine, State of: Remittance inflows to GDP
Remittance inflows to GDP over time
- Lesotho
- Palestine, State of
How they compare
Lesotho currently reports 20.9% against 16.5% in Palestine, State of, a difference of 4.4%.
That makes Lesotho's figure about 1.3 times Palestine, State of's.
Across all 26 years both countries report, Lesotho has been ahead every year.
Lesotho ranks 14th and Palestine, State of ranks 18th of 197 countries.
Lesotho has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Lesotho | Palestine, State of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 84.0% | 20.4% | 63.6% | Lesotho |
| 2000s | 41.4% | 12.4% | 29.0% | Lesotho |
| 2010s | 21.7% | 13.5% | 8.2% | Lesotho |
| 2020s | 20.9% | 16.5% | 4.4% | Lesotho |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Lesotho or Palestine, State of?
- Lesotho, at 20.9% against 16.5% in Palestine, State of as of 2020.
- What is the difference in remittance inflows to gdp between Lesotho and Palestine, State of?
- 4.4%, with Lesotho ahead.
- How many years of comparable data are there for Lesotho and Palestine, State of?
- 26 years are reported by both, from 1995 to 2020.
- How do Lesotho and Palestine, State of rank globally for remittance inflows to gdp?
- Lesotho ranks 14th and Palestine, State of ranks 18th 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.