Saudi Arabia vs Venezuela: Remittance inflows to GDP (%)
Remittance inflows to GDP (%) over time
- Saudi Arabia
- Venezuela
How they compare
Saudi Arabia currently reports 0.0% against 0.0% in Venezuela, a difference of 0.0%.
That makes Saudi Arabia's figure about 1.6 times Venezuela's.
The two have swapped places 3 times across 10 shared years of data; in 2005 it was Venezuela ahead.
Saudi Arabia ranks 182nd and Venezuela ranks 185th of 197 countries.
Across the 2 decades both report, Saudi Arabia averaged higher in 1 and Venezuela in 1.
Head to head by decade
| Decade | Saudi Arabia | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.0% | 0.1% | 0.0% | Venezuela |
| 2010s | 0.0% | 0.0% | 0.0% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Saudi Arabia or Venezuela?
- Saudi Arabia, at 0.0% against 0.0% in Venezuela as of 2020.
- What is the difference in remittance inflows to gdp between Saudi Arabia and Venezuela?
- 0.0%, with Saudi Arabia ahead.
- How many years of comparable data are there for Saudi Arabia and Venezuela?
- 10 years are reported by both, from 2005 to 2014.
- How do Saudi Arabia and Venezuela rank globally for remittance inflows to gdp?
- Saudi Arabia ranks 182nd 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.
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.