Remittance inflows to GDP in Samoa

Samoa: Remittance inflows to GDP was 25.3% in 2020. ▼ Falling

Latest (2020)
25.3%
Change on year
up 38.8%
World rank
5th
of 195 countries
All-time high
34.2%
in 1990
All-time low
0.2%
in 2004
Years of data
39
1982–2020

Remittance inflows to GDP in Samoa, 1982–2020

01020301982200120201982: 15.7 %1983: 17.9 %1984: 18.3 %1985: 25.1 %1986: 28.7 %1987: 33.1 %1988: 28.6 %1989: 33.4 %1990: 34.2 %1991: 27.9 %1992: 30.2 %1993: 24 %1994: 16.7 %1995: 18 %1996: 17.7 %1997: 16.3 %1998: 15.6 %1999: 17.5 %2000: 17.4 %2001: 16.9 %2002: 16 %2003: 13.5 %2004: 0.22 %2005: 17.1 %2006: 17.4 %2007: 16.9 %2008: 17 %2009: 19 %2010: 20.9 %2011: 21.6 %2012: 23.4 %2013: 21.4 %2014: 18.6 %2015: 16.6 %2016: 16.4 %2017: 16.3 %2018: 18 %2019: 18.2 %2020: 25.3 %

Source: World Development Indicators (WDI), World Bank. Measured in %.

Analysis

In 2020, remittance inflows to gdp in Samoa stood at 25.3%.

That represents a change of up 38.8% on the previous year and up 21.1% over ten years.

Over the whole period, remittance inflows to gdp in Samoa peaked at 34.2% in 1990 and was at its lowest, 0.2%, in 2004.

That places Samoa 5th out of 195 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently falling across the 39 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 25.1% 15.7% 33.4% 8
1990s 21.8% 15.6% 34.2% 10
2000s 15.1% 0.2% 19.0% 10
2010s 19.1% 16.3% 23.4% 10
2020s 25.3% 25.3% 25.3% 1

Countries ranked near Samoa

  1. 2 Kyrgyzstan 31.1% compare
  2. 3 Tajikistan 26.9% compare
  3. 4 Lebanon 25.6% compare
  4. 6 Somalia 24.9% compare
  5. 7 Nepal 24.3% compare
  6. 8 El Salvador 24.1% compare

See the full ranking of 196 places →

More financial sector data for Samoa

All data for Samoa →

Frequently asked questions

What is remittance inflows to gdp in Samoa?
Remittance inflows to gdp in Samoa was 25.3% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Samoa?
The highest recorded value was 34.2% in 1990.
What is the lowest remittance inflows to gdp recorded in Samoa?
The lowest recorded value was 0.2% in 2004.
How does Samoa rank for remittance inflows to gdp?
Samoa ranks 5th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Samoa?
Over the last ten years it is up 21.1%. The long-run trend across the full record is falling.
Where does this Samoa 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

Indicator
Remittance inflows to GDP (%)
Unit
%
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
196 places, 6,488 data points, 1970–2020
Last refreshed

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.