Remittance inflows to GDP in Argentina

Argentina: Remittance inflows to GDP was 0.2% in 2020. ◆ Volatile

Latest (2020)
0.2%
Change on year
up 35.4%
World rank
163rd
of 195 countries
All-time high
0.2%
in 2006
All-time low
0.0%
in 1992
Years of data
43
1978–2020

Remittance inflows to GDP in Argentina, 1978–2020

00.050.10.150.20.251978199920201978: 0.045 %1979: 0.061 %1980: 0.073 %1981: 0.053 %1982: 0.033 %1983: 0.027 %1984: 0.04 %1985: 0.031 %1986: 0.029 %1987: 0.031 %1988: 0.024 %1989: 0.035 %1990: 0.016 %1991: 0.01 %1992: 0.007 %1993: 0.024 %1994: 0.024 %1995: 0.025 %1996: 0.024 %1997: 0.022 %1998: 0.023 %1999: 0.023 %2000: 0.03 %2001: 0.071 %2002: 0.211 %2003: 0.214 %2004: 0.189 %2005: 0.217 %2006: 0.232 %2007: 0.211 %2008: 0.195 %2009: 0.189 %2010: 0.152 %2011: 0.132 %2012: 0.106 %2013: 0.097 %2014: 0.096 %2015: 0.083 %2016: 0.07 %2017: 0.075 %2018: 0.1 %2019: 0.12 %2020: 0.162 %

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

Analysis

Argentina recorded 0.2% for remittance inflows to gdp in 2020.

That represents a change of up 35.4% on the previous year and up 6.5% over ten years.

Over the whole period, remittance inflows to gdp in Argentina peaked at 0.2% in 2006 and was at its lowest, 0.0%, in 1992.

Argentina ranks 163rd 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
1970s 0.1% 0.0% 0.1% 2
1980s 0.0% 0.0% 0.1% 10
1990s 0.0% 0.0% 0.0% 10
2000s 0.2% 0.0% 0.2% 10
2010s 0.1% 0.1% 0.2% 10
2020s 0.2% 0.2% 0.2% 1

Countries ranked near Argentina

  1. 160 Kazakhstan 0.2% compare
  2. 161 Uruguay 0.2% compare
  3. 162 Norway 0.2% compare
  4. 164 Cayman Islands 0.2% compare
  5. 165 Guinea 0.2% compare
  6. 166 China 0.1% compare

See the full ranking of 196 places →

More financial sector data for Argentina

All data for Argentina →

Frequently asked questions

What is remittance inflows to gdp in Argentina?
Remittance inflows to gdp in Argentina was 0.2% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Argentina?
The highest recorded value was 0.2% in 2006.
What is the lowest remittance inflows to gdp recorded in Argentina?
The lowest recorded value was 0.0% in 1992.
How does Argentina rank for remittance inflows to gdp?
Argentina ranks 163rd out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Argentina?
Over the last ten years it is up 6.5%. The long-run trend across the full record is volatile.
Where does this Argentina 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.