Remittance inflows to GDP in Ireland
Ireland: Remittance inflows to GDP was 0.1% in 2020. βΌ Falling
Remittance inflows to GDP in Ireland, 1990β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Ireland stood at 0.1%. That is the lowest value across all 31 years on record.
The figure is down 55.9% on the previous year and down 78.1% over ten years.
Over the whole period, remittance inflows to gdp in Ireland peaked at 0.6% in 1990 and was at its lowest, 0.1%, in 2020.
Ireland ranks 178th of 196 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.3% | 0.6% | 10 |
| 2000s | 0.2% | 0.2% | 0.3% | 10 |
| 2010s | 0.2% | 0.1% | 0.3% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Ireland
- 175 Congo, Republic of 0.1% compare
- 176 Macao Special Administrative Region, People's Republic of China 0.1% compare
- 177 New Zealand 0.1% compare
- 179 Oman 0.1% compare
- 180 Canada 0.0% compare
- 181 Saudi Arabia 0.0% compare
More financial sector data for Ireland
- Domestic credit to private sector by banks 23.8% (2024)
- Total reserves in months of imports 0.1407 (2024)
- Net domestic credit 308.95 billion current LCU (2024)
- Net foreign assets 336.99 billion current LCU (2024)
- Monetary Sector credit to private sector 23.8% (2024)
- Claims on central government, etc. 7.9% (2024)
- Domestic credit to private sector 23.8% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 35,417 (2025)
- GDP deflator: linked series 119.16 base year varies by country (2025)
Frequently asked questions
- What is remittance inflows to gdp in Ireland?
- Remittance inflows to gdp in Ireland was 0.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Ireland?
- The highest recorded value was 0.6% in 1990.
- What is the lowest remittance inflows to gdp recorded in Ireland?
- The lowest recorded value was 0.1% in 2020.
- How does Ireland rank for remittance inflows to gdp?
- Ireland ranks 178th out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Ireland?
- Over the last ten years it is down 78.1%. The long-run trend across the full record is falling.
- Where does this Ireland 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 Β· JSON β 31 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.