Remittance inflows to GDP in Comoros

Comoros: Remittance inflows to GDP was 18.6% in 2020. ◆ Volatile

Latest (2020)
18.6%
Change on year
up 31.7%
World rank
15th
of 195 countries
All-time high
18.6%
in 2020
All-time low
0.0%
in 2013
Years of data
34
1980–2020

Remittance inflows to GDP in Comoros, 1980–2020

051015201980200020201980: 0.763 %1981: 0.622 %1982: 1.3 %1983: 0.959 %1984: 1.2 %1985: 2.1 %1986: 1.7 %1987: 2 %1988: 2.1 %1989: 2.3 %1990: 2.3 %1991: 2.4 %1992: 3.5 %1993: 3.5 %1994: 4.8 %1995: 3.1 %2003: 5.9 %2004: 7.7 %2005: 8.3 %2006: 9 %2007: 9.3 %2008: 11.1 %2009: 11.1 %2010: 9.6 %2011: 10.6 %2012: 10.8 %2013: 0 %2014: 13.9 %2015: 13.7 %2016: 11.5 %2017: 12.2 %2018: 14.5 %2019: 14.1 %2020: 18.6 %

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

Analysis

The most recent figure for remittance inflows to gdp in Comoros is 18.6%, measured in 2020. That is the highest value across all 34 years on record.

That represents a change of up 31.7% on the previous year and up 93.3% over ten years.

Over the whole period, remittance inflows to gdp in Comoros peaked at 18.6% in 2020 and was at its lowest, 0.0%, in 2013.

Comoros ranks 15th of 195 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.5% 0.6% 2.3% 10
1990s 3.3% 2.3% 4.8% 6
2000s 8.9% 5.9% 11.1% 7
2010s 11.1% 0.0% 14.5% 10
2020s 18.6% 18.6% 18.6% 1

Countries ranked near Comoros

  1. 12 Gambia 22.8% compare
  2. 13 Jamaica 22.2% compare
  3. 14 Lesotho 20.9% compare
  4. 16 Palestine 16.5% compare
  5. 17 Moldova 15.8% compare
  6. 18 Nicaragua 14.7% compare

See the full ranking of 196 places →

More financial sector data for Comoros

All data for Comoros →

Frequently asked questions

What is remittance inflows to gdp in Comoros?
Remittance inflows to gdp in Comoros was 18.6% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Comoros?
The highest recorded value was 18.6% in 2020.
What is the lowest remittance inflows to gdp recorded in Comoros?
The lowest recorded value was 0.0% in 2013.
How does Comoros rank for remittance inflows to gdp?
Comoros ranks 15th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Comoros?
Over the last ten years it is up 93.3%. The long-run trend across the full record is volatile.
Where does this Comoros 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 — 34 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.