Remittance inflows to GDP in Eswatini

Eswatini: Remittance inflows to GDP was 2.8% in 2020. β—† Volatile

Latest (2020)
2.8%
Change on year
up 6.2%
World rank
89th
of 195 countries
All-time high
15.8%
in 1989
All-time low
1.2%
in 2010
Years of data
47
1974–2020

Remittance inflows to GDP in Eswatini, 1974–2020

051015197419972020

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

Analysis

Eswatini recorded 2.8% for remittance inflows to gdp in 2020.

Compared with earlier readings it is up 6.2% on the previous year and up 129.1% over ten years.

Over the whole period, remittance inflows to gdp in Eswatini peaked at 15.8% in 1989 and was at its lowest, 1.2%, in 2010.

That places Eswatini 89th out of 195 countries with data for 2020, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.3% 1.3% 4.2% 6
1980s 10.9% 6.5% 15.8% 10
1990s 6.4% 4.5% 10.1% 10
2000s 3.0% 2.6% 3.4% 10
2010s 2.2% 1.2% 3.3% 10
2020s 2.8% 2.8% 2.8% 1

Countries ranked near Eswatini

  1. 86 Burkina Faso 2.9% compare
  2. 87 Myanmar 2.9% compare
  3. 88 Uganda 2.8% compare
  4. 90 Rwanda 2.8% compare
  5. 91 Antigua and Barbuda 2.7% compare
  6. 92 Mauritius 2.6% compare

See the full ranking of 196 places β†’

More financial sector data for Eswatini

All data for Eswatini β†’

Frequently asked questions

What is remittance inflows to gdp in Eswatini?
Remittance inflows to gdp in Eswatini was 2.8% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Eswatini?
The highest recorded value was 15.8% in 1989.
What is the lowest remittance inflows to gdp recorded in Eswatini?
The lowest recorded value was 1.2% in 2010.
How does Eswatini rank for remittance inflows to gdp?
Eswatini ranks 89th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Eswatini?
Over the last ten years it is up 129.1%. The long-run trend across the full record is volatile.
Where does this Eswatini 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

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.