Remittance inflows to GDP in Norway
Norway: Remittance inflows to GDP was 0.2% in 2020. ▲ Rising
Remittance inflows to GDP in Norway, 1975–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Norway stood at 0.2%.
That represents a change of up 7.6% on the previous year and up 3.2% over ten years.
Over the whole period, remittance inflows to gdp in Norway peaked at 0.2% in 1981 and was at its lowest, 0.0%, in 1976.
Norway ranks 162nd of 195 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.2% | 5 |
| 1980s | 0.2% | 0.1% | 0.2% | 10 |
| 1990s | 0.2% | 0.1% | 0.2% | 10 |
| 2000s | 0.2% | 0.1% | 0.2% | 10 |
| 2010s | 0.2% | 0.1% | 0.2% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Norway
More financial sector data for Norway
- Domestic credit to private sector by banks 105.9% (2024)
- Total reserves in months of imports 4.37 (2025)
- Net domestic credit 6.02 trillion current LCU (2024)
- Net foreign assets -717.63 billion current LCU (2024)
- Monetary Sector credit to private sector 106.0% (2024)
- Broad money 59.3% (2024)
- Claims on central government, etc. -15.0% (2024)
- Domestic credit to private sector 124.4% (2024)
- Official exchange rate 10.4 LCU per US$, period average (2025)
- Net migration 29,798 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Norway?
- Remittance inflows to gdp in Norway was 0.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Norway?
- The highest recorded value was 0.2% in 1981.
- What is the lowest remittance inflows to gdp recorded in Norway?
- The lowest recorded value was 0.0% in 1976.
- How does Norway rank for remittance inflows to gdp?
- Norway ranks 162nd out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Norway?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is rising.
- Where does this Norway 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 — 46 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.