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 186th out of 197 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.
Remittance inflows to GDP (%) in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | -12.2% |
| 2012 | 0.0% | -58.9% |
| 2013 | 0.0% | +61.5% |
| 2014 | 0.0% | -2.7% |
| 2015 | 0.0% | +1166.8% |
| 2016 | 0.0% | -87.8% |
| 2017 | 0.0% | +421.1% |
| 2018 | 0.0% | +5.5% |
| 2019 | 0.0% | -5.9% |
| 2020 | 0.0% | +12.6% |
Kuwait compared with similar countries
- Kuwait's 0.0% is below the median for high income countries, which is 0.8%, 3% of the median. (67 countries reporting)
- Kuwait's 0.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.9%, 1% of the median. (21 countries reporting)
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
- 183 United States 0.0% compare
- 184 Chile 0.0% compare
- 185 Venezuela 0.0% compare
- 187 Angola 0.0% compare
- 188 Papua New Guinea 0.0% compare
- 189 Turkmenistan 0.0% compare
More financial sector data for Kuwait
- Reserve position in the IMF, US dollar, annual growth rate 11.16 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0044 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 142.41 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.86 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 103.99 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.16 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0044 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 142.41 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.86 % change on previous year (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 186th out of 197 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.