Remittance inflows to GDP in Kuwait
Kuwait: Remittance inflows to GDP was 0.0% in 2020. ◆ Volatile
Remittance inflows to GDP in Kuwait, 2005–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Kuwait is 0.0%, measured in 2020.
That represents a change of up 12.6% on the previous year and up 410.1% over ten years.
Over the whole period, remittance inflows to gdp in Kuwait peaked at 0.0% in 2015 and was at its lowest, 0.0%, in 2005.
That places Kuwait 184th out of 195 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 5 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Kuwait
- 181 United States 0.0% compare
- 182 Chile 0.0% compare
- 183 Venezuela 0.0% compare
- 185 Angola 0.0% compare
- 186 Papua New Guinea 0.0% compare
- 187 Turkmenistan 0.0% compare
More financial sector data for Kuwait
- Domestic credit to private sector by banks 4.9% (2025)
- Total reserves in months of imports 8.41 (2025)
- Net domestic credit 46.30 billion current LCU (2025)
- Net foreign assets 28.58 billion current LCU (2025)
- Monetary Sector credit to private sector 4.9% (2025)
- Broad money 87.4% (2025)
- Claims on central government, etc. -16.9% (2025)
- Domestic credit to private sector 4.9% (2025)
- Official exchange rate 0.3065 LCU per US$, period average (2025)
- Net migration 42,775 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Kuwait?
- Remittance inflows to gdp in Kuwait was 0.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Kuwait?
- The highest recorded value was 0.0% in 2015.
- What is the lowest remittance inflows to gdp recorded in Kuwait?
- The lowest recorded value was 0.0% in 2005.
- How does Kuwait rank for remittance inflows to gdp?
- Kuwait ranks 184th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Kuwait?
- Over the last ten years it is up 410.1%. The long-run trend across the full record is volatile.
- Where does this Kuwait 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.