Remittance inflows to GDP in Canada
Canada: Remittance inflows to GDP was 0.0% in 2020. ▼ Falling
Remittance inflows to GDP in Canada, 1995–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Canada is 0.0%, measured in 2020. That is the lowest value across all 26 years on record.
That represents a change of down 33.7% on the previous year and down 32.6% over ten years.
Over the whole period, remittance inflows to gdp in Canada peaked at 0.1% in 1999 and was at its lowest, 0.0%, in 2020.
That places Canada 179th out of 195 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.1% | 5 |
| 2000s | 0.1% | 0.1% | 0.1% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Canada
- 176 New Zealand 0.1% compare
- 177 Ireland 0.1% compare
- 178 Oman 0.1% compare
- 180 Saudi Arabia 0.0% compare
- 181 United States 0.0% compare
- 182 Chile 0.0% compare
More financial sector data for Canada
- Domestic credit to private sector by banks 124.1% (2008)
- Total reserves in months of imports 1.6 (2025)
- Net domestic credit 2.85 trillion current LCU (2008)
- Net foreign assets 11.25 billion current LCU (2008)
- Monetary Sector credit to private sector 124.1% (2008)
- Broad money 122.6% (2008)
- Claims on central government, etc. 15.4% (2008)
- Domestic credit to private sector 124.1% (2008)
- Official exchange rate 1.4 LCU per US$, period average (2025)
- Net migration 326,204 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Canada?
- Remittance inflows to gdp in Canada was 0.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Canada?
- The highest recorded value was 0.1% in 1999.
- What is the lowest remittance inflows to gdp recorded in Canada?
- The lowest recorded value was 0.0% in 2020.
- How does Canada rank for remittance inflows to gdp?
- Canada ranks 179th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Canada?
- Over the last ten years it is down 32.6%. The long-run trend across the full record is falling.
- Where does this Canada 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 — 26 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.