Remittance inflows to GDP in Sao Tome and Principe
Sao Tome and Principe: Remittance inflows to GDP was 1.8% in 2020. ◆ Volatile
Remittance inflows to GDP in Sao Tome and Principe, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Sao Tome and Principe recorded 1.8% for remittance inflows to gdp in 2020.
That represents a change of down 29.9% on the previous year and down 43.7% over ten years.
Over the whole period, remittance inflows to gdp in Sao Tome and Principe peaked at 8.8% in 2013 and was at its lowest, 0.7%, in 2001.
Sao Tome and Principe ranks 107th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittance inflows to GDP in Sao Tome and Principe, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 0.7% | — |
| 2002 | 0.9% | +28.4% |
| 2003 | 1.8% | +90.6% |
| 2004 | 1.0% | -46.2% |
| 2005 | 1.1% | +14.5% |
| 2006 | 1.1% | +1.9% |
| 2007 | 1.3% | +19.7% |
| 2008 | 1.6% | +19.0% |
| 2009 | 1.1% | -33.3% |
| 2010 | 3.2% | +203.9% |
| 2011 | 3.0% | -8.1% |
| 2012 | 2.5% | -14.7% |
| 2013 | 8.8% | +248.5% |
| 2014 | 7.7% | -12.4% |
| 2015 | 6.3% | -18.3% |
| 2016 | 5.2% | -17.4% |
| 2017 | 4.8% | -7.3% |
| 2018 | 4.3% | -11.0% |
| 2019 | 2.6% | -39.7% |
| 2020 | 1.8% | -29.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 0.7% | 1.8% | 9 |
| 2010s | 4.9% | 2.5% | 8.8% | 10 |
| 2020s | 1.8% | 1.8% | 1.8% | 1 |
Countries ranked near Sao Tome and Principe
More financial sector data for Sao Tome and Principe
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 22.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0512 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 179.4 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 30.77 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 191.38 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 30.77 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 191.38 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 30.77 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 191.38 SDR per person (2024)
- Total reserves in months of imports, annual growth rate 33.87 % change on previous year (2024)
Frequently asked questions
- What is remittance inflows to gdp in Sao Tome and Principe?
- Remittance inflows to gdp in Sao Tome and Principe was 1.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Sao Tome and Principe?
- The highest recorded value was 8.8% in 2013.
- What is the lowest remittance inflows to gdp recorded in Sao Tome and Principe?
- The lowest recorded value was 0.7% in 2001.
- How does Sao Tome and Principe rank for remittance inflows to gdp?
- Sao Tome and Principe ranks 107th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Sao Tome and Principe?
- Over the last ten years it is down 43.7%. The long-run trend across the full record is volatile.
- Where does this Sao Tome and Principe 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 — 20 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.