Remittance inflows to GDP in Moldova
Moldova: Remittance inflows to GDP was 15.8% in 2020. ▲ Rising
Remittance inflows to GDP in Moldova, 1995–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Moldova recorded 15.8% for remittance inflows to gdp in 2020.
Compared with earlier readings it is down 0.8% on the previous year and down 37.0% over ten years.
Over the whole period, remittance inflows to gdp in Moldova peaked at 34.5% in 2006 and was at its lowest, 0.1%, in 1995.
Moldova ranks 19th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Remittance inflows to GDP in Moldova, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.1% | — |
| 1996 | 5.1% | +8728.6% |
| 1997 | 5.9% | +15.3% |
| 1998 | 7.2% | +21.4% |
| 1999 | 9.4% | +31.1% |
| 2000 | 13.8% | +46.2% |
| 2001 | 16.4% | +18.7% |
| 2002 | 19.4% | +18.7% |
| 2003 | 24.4% | +25.9% |
| 2004 | 27.0% | +10.5% |
| 2005 | 30.6% | +13.4% |
| 2006 | 34.5% | +12.7% |
| 2007 | 33.9% | -1.8% |
| 2008 | 31.2% | -8.0% |
| 2009 | 24.9% | -20.3% |
| 2010 | 25.1% | +1.1% |
| 2011 | 21.5% | -14.3% |
| 2012 | 22.8% | +5.9% |
| 2013 | 23.1% | +1.2% |
| 2014 | 21.8% | -5.4% |
| 2015 | 19.9% | -8.9% |
| 2016 | 18.2% | -8.6% |
| 2017 | 16.9% | -6.8% |
| 2018 | 16.0% | -5.3% |
| 2019 | 16.0% | -0.5% |
| 2020 | 15.8% | -0.8% |
Moldova compared with similar countries
- Moldova's 15.8% is above the median for upper middle income countries, which is 4.0%, 3.9× the median. (58 countries reporting)
- Moldova's 15.8% is above the median for Europe & Central Asia, which is 1.5%, 10.4× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Remittance inflows to GDP in Moldova 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 |
|---|---|---|---|
| 1996 | +8728.6% | 0.1% | 5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.5% | 0.1% | 9.4% | 5 |
| 2000s | 25.6% | 13.8% | 34.5% | 10 |
| 2010s | 20.1% | 16.0% | 25.1% | 10 |
| 2020s | 15.8% | 15.8% | 15.8% | 1 |
Countries ranked near Moldova
More financial sector data for Moldova
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0029 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0021 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0029 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is remittance inflows to gdp in Moldova?
- Remittance inflows to gdp in Moldova was 15.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Moldova?
- The highest recorded value was 34.5% in 2006.
- What is the lowest remittance inflows to gdp recorded in Moldova?
- The lowest recorded value was 0.1% in 1995.
- How does Moldova rank for remittance inflows to gdp?
- Moldova ranks 19th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Moldova?
- Over the last ten years it is down 37.0%. The long-run trend across the full record is rising.
- Where does this Moldova 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.