Remittance inflows to GDP in Portugal
Portugal: Remittance inflows to GDP was 0.3% in 2020. β Volatile
Remittance inflows to GDP in Portugal, 1975β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Portugal is 0.3%, measured in 2020.
Compared with earlier readings it is up 23.0% on the previous year and up 45.8% over ten years.
Over the whole period, remittance inflows to gdp in Portugal peaked at 9.3% in 1979 and was at its lowest, 0.2%, in 2015.
That places Portugal 153rd out of 196 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 |
|---|---|---|---|---|
| 1970s | 6.5% | 4.5% | 9.3% | 5 |
| 1980s | 7.8% | 6.1% | 9.0% | 10 |
| 1990s | 3.6% | 0.2% | 5.7% | 10 |
| 2000s | 0.2% | 0.2% | 0.3% | 10 |
| 2010s | 0.2% | 0.2% | 0.3% | 10 |
| 2020s | 0.3% | 0.3% | 0.3% | 1 |
Countries ranked near Portugal
More financial sector data for Portugal
- Net domestic credit (current LCU), per capita 31,218 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.06 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 0.6873 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 430.61 million SDR (2025)
- Gold reserves at market value 39.24 billion SDR (2025)
- Reserves excluding gold, foreign exchange 7.42 billion SDR (2025)
- Reserves excluding gold 11.03 billion SDR (2025)
- Total reserves (gold at market value) 50.27 billion SDR (2025)
- Total reserves (gold at national valuation) 49.76 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 4,605 SDR per person (2025)
Frequently asked questions
- What is remittance inflows to gdp in Portugal?
- Remittance inflows to gdp in Portugal was 0.3% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Portugal?
- The highest recorded value was 9.3% in 1979.
- What is the lowest remittance inflows to gdp recorded in Portugal?
- The lowest recorded value was 0.2% in 2015.
- How does Portugal rank for remittance inflows to gdp?
- Portugal ranks 153rd out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Portugal?
- Over the last ten years it is up 45.8%. The long-run trend across the full record is volatile.
- Where does this Portugal 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.