Remittance inflows to GDP (%) in Macao
Macao: Remittance inflows to GDP (%) was 0.1% in 2020. ◆ Volatile
Remittance inflows to GDP in Macao, 2002–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Macao recorded 0.1% for remittance inflows to gdp in 2020.
The figure is up 89.1% on the previous year and down 55.0% over ten years.
Over the whole period, remittance inflows to gdp in Macao peaked at 0.6% in 2002 and was at its lowest, 0.0%, in 2019.
That places Macao 177th 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 Macao, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 0.6% | — |
| 2003 | 0.6% | -8.5% |
| 2004 | 0.5% | -13.4% |
| 2005 | 0.4% | -12.8% |
| 2006 | 0.4% | -14.7% |
| 2007 | 0.3% | -20.9% |
| 2008 | 0.2% | -16.8% |
| 2009 | 0.2% | -8.7% |
| 2010 | 0.2% | -26.0% |
| 2011 | 0.1% | -21.0% |
| 2012 | 0.1% | -17.1% |
| 2013 | 0.1% | -13.1% |
| 2014 | 0.1% | -28.9% |
| 2015 | 0.1% | +30.7% |
| 2016 | 0.1% | -30.2% |
| 2017 | 0.1% | -17.7% |
| 2018 | 0.0% | -18.2% |
| 2019 | 0.0% | -4.2% |
| 2020 | 0.1% | +89.1% |
Macao compared with similar countries
- Macao's 0.1% is below the median for high income countries, which is 0.8%, 10% of the median. (67 countries reporting)
- Macao's 0.1% is below the median for East Asia & Pacific, which is 2.3%, 3% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Remittance inflows to GDP (%) in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +89.1% | 0.0% | 0.1% |
| 2015 | +30.7% | 0.1% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4% | 0.2% | 0.6% | 8 |
| 2010s | 0.1% | 0.0% | 0.2% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Macao
More financial sector data for Macao
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.7352 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.4297 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 32,616 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.7352 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 32,616 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.7352 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 32,616 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.7352 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 32,616 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 5.92 % change on previous year (2024)
Frequently asked questions
- What is remittance inflows to gdp in Macao?
- Remittance inflows to gdp in Macao was 0.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Macao?
- The highest recorded value was 0.6% in 2002.
- What is the lowest remittance inflows to gdp recorded in Macao?
- The lowest recorded value was 0.0% in 2019.
- How does Macao rank for remittance inflows to gdp?
- Macao ranks 177th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Macao?
- Over the last ten years it is down 55.0%. The long-run trend across the full record is volatile.
- Where does this Macao 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.