Paraguay vs Peru: Remittance inflows to GDP
Remittance inflows to GDP over time
- Paraguay
- Peru
How they compare
Paraguay currently reports 1.6% against 1.5% in Peru, a difference of 0.1%.
That makes Paraguay's figure about 1.1 times Peru's.
The two have swapped places 6 times across 31 shared years of data; in 1990 it was Paraguay ahead.
Paraguay ranks 114th and Peru ranks 116th of 197 countries.
Across the 4 decades both report, Paraguay averaged higher in 3 and Peru in 1.
Head to head by decade
| Decade | Paraguay | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.3% | 0.9% | 0.4% | Paraguay |
| 2000s | 1.7% | 1.7% | 0.1% | Peru |
| 2010s | 1.6% | 1.5% | 0.2% | Paraguay |
| 2020s | 1.6% | 1.5% | 0.2% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Paraguay or Peru?
- Paraguay, at 1.6% against 1.5% in Peru as of 2020.
- What is the difference in remittance inflows to gdp between Paraguay and Peru?
- 0.1%, with Paraguay ahead.
- How many years of comparable data are there for Paraguay and Peru?
- 31 years are reported by both, from 1990 to 2020.
- How do Paraguay and Peru rank globally for remittance inflows to gdp?
- Paraguay ranks 114th and Peru ranks 116th 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.