Remittance inflows to GDP in Israel
Israel: Remittance inflows to GDP was 0.3% in 2020. ▲ Rising
Remittance inflows to GDP in Israel, 1995–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Israel stood at 0.3%.
That represents a change of up 16.7% on the previous year and up 14.8% over ten years.
Over the whole period, remittance inflows to gdp in Israel peaked at 0.3% in 2007 and was at its lowest, 0.1%, in 1998.
Israel ranks 156th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Remittance inflows to GDP in Israel, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.2% | — |
| 1996 | 0.1% | -19.1% |
| 1997 | 0.2% | +22.0% |
| 1998 | 0.1% | -33.5% |
| 1999 | 0.1% | +28.2% |
| 2000 | 0.1% | -7.4% |
| 2001 | 0.1% | +8.6% |
| 2002 | 0.1% | -8.0% |
| 2003 | 0.1% | -2.0% |
| 2004 | 0.2% | +63.0% |
| 2005 | 0.3% | +20.3% |
| 2006 | 0.3% | +20.0% |
| 2007 | 0.3% | +2.0% |
| 2008 | 0.3% | -10.4% |
| 2009 | 0.2% | -15.9% |
| 2010 | 0.2% | -0.1% |
| 2011 | 0.2% | -6.9% |
| 2012 | 0.3% | +16.9% |
| 2013 | 0.3% | -1.9% |
| 2014 | 0.3% | +6.3% |
| 2015 | 0.3% | +2.9% |
| 2016 | 0.3% | +6.2% |
| 2017 | 0.3% | -7.6% |
| 2018 | 0.3% | -2.0% |
| 2019 | 0.2% | -12.4% |
| 2020 | 0.3% | +16.7% |
Israel compared with similar countries
- Israel's 0.3% is below the median for high income countries, which is 0.8%, 37% of the median. (67 countries reporting)
- Israel's 0.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.9%, 15% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.1% | 0.2% | 5 |
| 2000s | 0.2% | 0.1% | 0.3% | 10 |
| 2010s | 0.3% | 0.2% | 0.3% | 10 |
| 2020s | 0.3% | 0.3% | 0.3% | 1 |
Countries ranked near Israel
More financial sector data for Israel
- Reserve position in the IMF, US dollar, annual growth rate 5.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.64 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.1794 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.93 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.1794 % change on previous year (2025)
Frequently asked questions
- What is remittance inflows to gdp in Israel?
- Remittance inflows to gdp in Israel was 0.3% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Israel?
- The highest recorded value was 0.3% in 2007.
- What is the lowest remittance inflows to gdp recorded in Israel?
- The lowest recorded value was 0.1% in 1998.
- How does Israel rank for remittance inflows to gdp?
- Israel ranks 156th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Israel?
- Over the last ten years it is up 14.8%. The long-run trend across the full record is rising.
- Where does this Israel 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 — 26 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.