Remittance inflows to GDP in Botswana

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

Latest (2020)
0.2%
Change on year
down 32.9%
World rank
158th
of 195 countries
All-time high
16.5%
in 1976
All-time low
0.1%
in 2012
Years of data
46
1975–2020

Remittance inflows to GDP in Botswana, 1975–2020

051015197519972020

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

Analysis

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

Compared with earlier readings it is down 32.9% on the previous year and up 36.7% over ten years.

Over the whole period, remittance inflows to gdp in Botswana peaked at 16.5% in 1976 and was at its lowest, 0.1%, in 2012.

That places Botswana 158th out of 195 countries with data for 2020, putting it 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 12.2% 7.1% 16.5% 5
1980s 4.1% 1.6% 7.3% 10
1990s 1.4% 0.5% 2.3% 10
2000s 0.6% 0.1% 1.2% 10
2010s 0.2% 0.1% 0.4% 10
2020s 0.2% 0.2% 0.2% 1

Countries ranked near Botswana

  1. 155 Netherlands 0.3% compare
  2. 156 Brazil 0.2% compare
  3. 157 South Africa 0.2% compare
  4. 159 Spain 0.2% compare
  5. 160 Kazakhstan 0.2% compare
  6. 161 Uruguay 0.2% compare

See the full ranking of 196 places →

More financial sector data for Botswana

All data for Botswana →

Frequently asked questions

What is remittance inflows to gdp in Botswana?
Remittance inflows to gdp in Botswana was 0.2% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Botswana?
The highest recorded value was 16.5% in 1976.
What is the lowest remittance inflows to gdp recorded in Botswana?
The lowest recorded value was 0.1% in 2012.
How does Botswana rank for remittance inflows to gdp?
Botswana ranks 158th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Botswana?
Over the last ten years it is up 36.7%. The long-run trend across the full record is volatile.
Where does this Botswana 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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CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.