Remittance inflows to GDP in Dominica
Dominica: Remittance inflows to GDP was 13.5% in 2020. βΌ Falling
Remittance inflows to GDP in Dominica, 1977β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Dominica recorded 13.5% for remittance inflows to gdp in 2020.
The figure is up 73.5% on the previous year and up 190.8% over ten years.
Over the whole period, remittance inflows to gdp in Dominica peaked at 15.8% in 1979 and was at its lowest, 2.2%, in 1992.
That places Dominica 22nd out of 196 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.0% | 7.0% | 15.8% | 3 |
| 1980s | 8.9% | 5.7% | 11.8% | 10 |
| 1990s | 4.1% | 2.2% | 6.9% | 10 |
| 2000s | 4.9% | 4.1% | 6.0% | 10 |
| 2010s | 7.0% | 4.6% | 10.3% | 10 |
| 2020s | 13.5% | 13.5% | 13.5% | 1 |
Countries ranked near Dominica
- 19 Nicaragua 14.7% compare
- 20 Guatemala 14.7% compare
- 21 Cabo Verde 14.4% compare
- 23 Georgia 13.3% compare
- 24 Marshall Islands 12.7% compare
- 25 Montenegro 12.6% compare
More financial sector data for Dominica
- Net domestic credit (current LCU), per capita 14,960 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.36 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 1.36 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 116.61 million SDR (2025)
- Reserves excluding gold 120.25 million SDR (2025)
- Total reserves (gold at market value) 120.25 million SDR (2025)
- Total reserves (gold at national valuation) 120.25 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,826 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 0.5485 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,826 SDR per person (2025)
Frequently asked questions
- What is remittance inflows to gdp in Dominica?
- Remittance inflows to gdp in Dominica was 13.5% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Dominica?
- The highest recorded value was 15.8% in 1979.
- What is the lowest remittance inflows to gdp recorded in Dominica?
- The lowest recorded value was 2.2% in 1992.
- How does Dominica rank for remittance inflows to gdp?
- Dominica ranks 22nd out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Dominica?
- Over the last ten years it is up 190.8%. The long-run trend across the full record is falling.
- Where does this Dominica 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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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.