Remittance inflows to GDP in China

China: Remittance inflows to GDP was 0.1% in 2020. β—† Volatile

Latest (2020)
0.1%
Change on year
up 0.3%
World rank
166th
of 195 countries
All-time high
0.5%
in 1997
All-time low
0.0%
in 1998
Years of data
39
1982–2020

Remittance inflows to GDP in China, 1982–2020

00.10.20.30.40.51982200120201982: 0.301 %1983: 0.235 %1984: 0.155 %1985: 0.088 %1986: 0.148 %1987: 0.084 %1988: 0.104 %1989: 0.054 %1990: 0.054 %1991: 0.102 %1992: 0.145 %1993: 0.142 %1994: 0.152 %1995: 0.048 %1996: 0.194 %1997: 0.477 %1998: 0.033 %1999: 0.048 %2000: 0.063 %2001: 0.09 %2002: 0.16 %2003: 0.279 %2004: 0.34 %2005: 0.146 %2006: 0.157 %2007: 0.192 %2008: 0.199 %2009: 0.181 %2010: 0.224 %2011: 0.219 %2012: 0.2 %2013: 0.186 %2014: 0.286 %2015: 0.299 %2016: 0.239 %2017: 0.233 %2018: 0.175 %2019: 0.128 %2020: 0.129 %

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

Analysis

The most recent figure for remittance inflows to gdp in China is 0.1%, measured in 2020.

The figure is up 0.3% on the previous year and down 42.6% over ten years.

Over the whole period, remittance inflows to gdp in China peaked at 0.5% in 1997 and was at its lowest, 0.0%, in 1998.

That places China 166th 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
1980s 0.1% 0.1% 0.3% 8
1990s 0.1% 0.0% 0.5% 10
2000s 0.2% 0.1% 0.3% 10
2010s 0.2% 0.1% 0.3% 10
2020s 0.1% 0.1% 0.1% 1

Countries ranked near China

  1. 163 Argentina 0.2% compare
  2. 164 Cayman Islands 0.2% compare
  3. 165 Guinea 0.2% compare
  4. 167 Maldives 0.1% compare
  5. 168 Hong Kong 0.1% compare
  6. 169 United Kingdom 0.1% compare

See the full ranking of 196 places β†’

More financial sector data for China

All data for China β†’

Frequently asked questions

What is remittance inflows to gdp in China?
Remittance inflows to gdp in China was 0.1% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in China?
The highest recorded value was 0.5% in 1997.
What is the lowest remittance inflows to gdp recorded in China?
The lowest recorded value was 0.0% in 1998.
How does China rank for remittance inflows to gdp?
China ranks 166th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in China?
Over the last ten years it is down 42.6%. The long-run trend across the full record is volatile.
Where does this China 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 Β· JSON β€” 39 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.