Remittance inflows to GDP in Germany
Germany: Remittance inflows to GDP was 0.5% in 2020. ▲ Rising
Remittance inflows to GDP in Germany, 1971–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Germany recorded 0.5% for remittance inflows to gdp in 2020. That is the highest value across all 50 years on record.
The figure is up 4.5% on the previous year and up 33.8% over ten years.
Over the whole period, remittance inflows to gdp in Germany peaked at 0.5% in 2020 and was at its lowest, 0.1%, in 1973.
That places Germany 143rd out of 195 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.1% | 0.1% | 9 |
| 1980s | 0.3% | 0.3% | 0.3% | 10 |
| 1990s | 0.2% | 0.2% | 0.3% | 10 |
| 2000s | 0.3% | 0.2% | 0.4% | 10 |
| 2010s | 0.4% | 0.4% | 0.5% | 10 |
| 2020s | 0.5% | 0.5% | 0.5% | 1 |
Countries ranked near Germany
More financial sector data for Germany
- Domestic credit to private sector by banks 76.4% (2023)
- Total reserves in months of imports 3.11 (2025)
- Net domestic credit 6.05 trillion current LCU (2023)
- Net foreign assets 2.01 trillion current LCU (2023)
- Monetary Sector credit to private sector 77.3% (2023)
- Claims on central government, etc. 11.8% (2023)
- Domestic credit to private sector 77.3% (2023)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration -334,072 (2025)
- GDP deflator: linked series 123.84 base year varies by country (2025)
Frequently asked questions
- What is remittance inflows to gdp in Germany?
- Remittance inflows to gdp in Germany was 0.5% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Germany?
- The highest recorded value was 0.5% in 2020.
- What is the lowest remittance inflows to gdp recorded in Germany?
- The lowest recorded value was 0.1% in 1973.
- How does Germany rank for remittance inflows to gdp?
- Germany ranks 143rd out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Germany?
- Over the last ten years it is up 33.8%. The long-run trend across the full record is rising.
- Where does this Germany 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.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.