Micronesia (country) vs Nauru: Remittance inflows to GDP
Remittance inflows to GDP over time
- Micronesia (country)
- Nauru
How they compare
Micronesia (country) currently reports 5.7% against 5.3% in Nauru, a difference of 0.4%.
That makes Micronesia (country)'s figure about 1.1 times Nauru's.
The two have swapped places 2 times across 9 shared years of data; in 2010 it was Micronesia (country) ahead.
Micronesia (country) ranks 60th and Nauru ranks 63rd of 197 countries.
Nauru has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher remittance inflows to gdp, Micronesia (country) or Nauru?
- Micronesia (country), at 5.7% against 5.3% in Nauru as of 2020.
- What is the difference in remittance inflows to gdp between Micronesia (country) and Nauru?
- 0.4%, with Micronesia (country) ahead.
- How many years of comparable data are there for Micronesia (country) and Nauru?
- 9 years are reported by both, from 2010 to 2018.
- How do Micronesia (country) and Nauru rank globally for remittance inflows to gdp?
- Micronesia (country) ranks 60th and Nauru ranks 63rd 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.