Remittance inflows to GDP in Iran
Iran: Remittance inflows to GDP was 0.6% in 2020. ◆ Volatile
Remittance inflows to GDP in Iran, 1993–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Iran stood at 0.6%.
That represents a change of up 25.8% on the previous year and up 136.8% over ten years.
Over the whole period, remittance inflows to gdp in Iran peaked at 2.4% in 1993 and was at its lowest, 0.2%, in 2012.
That places Iran 138th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | 0.4% | 2.4% | 7 |
| 2000s | 0.5% | 0.3% | 0.8% | 10 |
| 2010s | 0.3% | 0.2% | 0.5% | 10 |
| 2020s | 0.6% | 0.6% | 0.6% | 1 |
Countries ranked near Iran
More financial sector data for Iran
- Domestic credit to private sector by banks 57.8% (2016)
- Total reserves in months of imports 5.82 (1982)
- Net domestic credit 10,211.70 trillion current LCU (2016)
- Net foreign assets 2,473.74 trillion current LCU (2016)
- Monetary Sector credit to private sector 57.8% (2016)
- Broad money 79.1% (2016)
- Claims on central government, etc. 8.2% (2016)
- Domestic credit to private sector 57.8% (2016)
- Official exchange rate 42,000 LCU per US$, period average (2023)
- Net migration 116,786 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Iran?
- Remittance inflows to gdp in Iran was 0.6% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Iran?
- The highest recorded value was 2.4% in 1993.
- What is the lowest remittance inflows to gdp recorded in Iran?
- The lowest recorded value was 0.2% in 2012.
- How does Iran rank for remittance inflows to gdp?
- Iran ranks 138th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Iran?
- Over the last ten years it is up 136.8%. The long-run trend across the full record is volatile.
- Where does this Iran 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.