Remittance inflows to GDP in Austria
Austria: Remittance inflows to GDP was 0.7% in 2020. ▲ Rising
Remittance inflows to GDP in Austria, 1970–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Austria recorded 0.7% for remittance inflows to gdp in 2020.
The figure is up 3.9% on the previous year and down 8.9% over ten years.
Over the whole period, remittance inflows to gdp in Austria peaked at 1.0% in 2003 and was at its lowest, 0.1%, in 1970.
That places Austria 134th out of 195 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.1% | 0.3% | 10 |
| 1980s | 0.3% | 0.3% | 0.4% | 10 |
| 1990s | 0.5% | 0.4% | 0.8% | 10 |
| 2000s | 0.8% | 0.7% | 1.0% | 10 |
| 2010s | 0.7% | 0.7% | 0.8% | 10 |
| 2020s | 0.7% | 0.7% | 0.7% | 1 |
Countries ranked near Austria
More financial sector data for Austria
- Domestic credit to private sector by banks 81.5% (2024)
- Total reserves in months of imports 1.8 (2025)
- Net domestic credit 587.58 billion current LCU (2024)
- Net foreign assets 113.77 billion current LCU (2024)
- Monetary Sector credit to private sector 81.8% (2024)
- Claims on central government, etc. 17.7% (2024)
- Domestic credit to private sector 81.8% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 11,254 (2025)
- GDP deflator: linked series 123.03 base year varies by country (2025)
Frequently asked questions
- What is remittance inflows to gdp in Austria?
- Remittance inflows to gdp in Austria was 0.7% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Austria?
- The highest recorded value was 1.0% in 2003.
- What is the lowest remittance inflows to gdp recorded in Austria?
- The lowest recorded value was 0.1% in 1970.
- How does Austria rank for remittance inflows to gdp?
- Austria ranks 134th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Austria?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is rising.
- Where does this Austria 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.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.