Remittance inflows to GDP in Fiji

Fiji: Remittance inflows to GDP was 7.8% in 2020. β—† Volatile

Latest (2020)
7.8%
Change on year
up 44.6%
World rank
48th
of 195 countries
All-time high
7.8%
in 2020
All-time low
0.4%
in 1979
Years of data
42
1979–2020

Remittance inflows to GDP in Fiji, 1979–2020

024681979199920201979: 0.352 %1980: 0.407 %1981: 0.753 %1982: 0.677 %1983: 0.711 %1984: 0.901 %1985: 2.4 %1986: 2.3 %1987: 2.3 %1988: 2 %1989: 1.9 %1990: 1.6 %1991: 1.4 %1992: 1.5 %1993: 1.6 %1994: 1.6 %1995: 1.7 %1996: 1.6 %1997: 1.7 %1998: 1.6 %1999: 1.2 %2000: 2.6 %2001: 4.7 %2002: 5.4 %2003: 5.4 %2004: 6.4 %2005: 6.8 %2006: 6.7 %2007: 5.4 %2008: 4.2 %2009: 6 %2010: 5.6 %2011: 4.3 %2012: 4.8 %2013: 4.9 %2014: 4.5 %2015: 5.4 %2016: 5.5 %2017: 5.2 %2018: 5.2 %2019: 5.4 %2020: 7.8 %

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

Analysis

Fiji recorded 7.8% for remittance inflows to gdp in 2020. That is the highest value across all 42 years on record.

The figure is up 44.6% on the previous year and up 38.9% over ten years.

Over the whole period, remittance inflows to gdp in Fiji peaked at 7.8% in 2020 and was at its lowest, 0.4%, in 1979.

Fiji ranks 48th of 195 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.4% 0.4% 0.4% 1
1980s 1.4% 0.4% 2.4% 10
1990s 1.5% 1.2% 1.7% 10
2000s 5.3% 2.6% 6.8% 10
2010s 5.1% 4.3% 5.6% 10
2020s 7.8% 7.8% 7.8% 1

Countries ranked near Fiji

  1. 45 East Timor 8.2% compare
  2. 46 Egypt 8.1% compare
  3. 47 Guyana 8.0% compare
  4. 49 Belize 7.6% compare
  5. 50 Croatia 7.3% compare
  6. 51 Serbia 7.3% compare

See the full ranking of 196 places β†’

More financial sector data for Fiji

All data for Fiji β†’

Frequently asked questions

What is remittance inflows to gdp in Fiji?
Remittance inflows to gdp in Fiji was 7.8% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Fiji?
The highest recorded value was 7.8% in 2020.
What is the lowest remittance inflows to gdp recorded in Fiji?
The lowest recorded value was 0.4% in 1979.
How does Fiji rank for remittance inflows to gdp?
Fiji ranks 48th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Fiji?
Over the last ten years it is up 38.9%. The long-run trend across the full record is volatile.
Where does this Fiji 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€” 42 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.