Remittance inflows to GDP in Angola

Angola: Remittance inflows to GDP was 0.0% in 2020. β—† Volatile

Latest (2020)
0.0%
Change on year
up 202.1%
World rank
185th
of 195 countries
All-time high
0.1%
in 2008
All-time low
0.0%
in 2005
Years of data
17
1996–2020

Remittance inflows to GDP in Angola, 1996–2020

00.020.040.060.080.11996200820201996: 0.068 %2005: 0 %2006: 0 %2007: 0 %2008: 0.093 %2009: 0 %2010: 0.022 %2011: 0 %2012: 0.032 %2013: 0.027 %2014: 0.023 %2015: 0.013 %2016: 0.008 %2017: 0.002 %2018: 0.002 %2019: 0.005 %2020: 0.015 %

Source: World Development Indicators (WDI), World Bank. Measured in %.

Analysis

Angola recorded 0.0% for remittance inflows to gdp in 2020.

That represents a change of up 202.1% on the previous year and down 31.7% over ten years.

Over the whole period, remittance inflows to gdp in Angola peaked at 0.1% in 2008 and was at its lowest, 0.0%, in 2005.

Angola ranks 185th of 195 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1% 0.1% 0.1% 1
2000s 0.0% 0.0% 0.1% 5
2010s 0.0% 0.0% 0.0% 10
2020s 0.0% 0.0% 0.0% 1

Countries ranked near Angola

  1. 182 Chile 0.0% compare
  2. 183 Venezuela 0.0% compare
  3. 184 Kuwait 0.0% compare
  4. 186 Papua New Guinea 0.0% compare
  5. 187 Turkmenistan 0.0% compare
  6. 188 Chad 0.0% compare
  7. 188 Equatorial Guinea 0.0% compare
  8. 188 Eritrea 0.0% compare
  9. 188 Faroe Islands 0.0% compare
  10. 188 Libya 0.0% compare
  11. 188 Singapore 0.0% compare
  12. 188 Tuvalu 0.0% compare

See the full ranking of 196 places β†’

More financial sector data for Angola

All data for Angola β†’

Frequently asked questions

What is remittance inflows to gdp in Angola?
Remittance inflows to gdp in Angola was 0.0% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Angola?
The highest recorded value was 0.1% in 2008.
What is the lowest remittance inflows to gdp recorded in Angola?
The lowest recorded value was 0.0% in 2005.
How does Angola rank for remittance inflows to gdp?
Angola ranks 185th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Angola?
Over the last ten years it is down 31.7%. The long-run trend across the full record is volatile.
Where does this Angola data come from?
The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Remittance inflows to GDP (%)
Unit
%
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
196 places, 6,488 data points, 1970–2020
Last refreshed

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.