Remittance inflows to GDP in Sweden

Sweden: Remittance inflows to GDP was 0.6% in 2020. β—† Volatile

Latest (2020)
0.6%
Change on year
down 4.3%
World rank
139th
of 195 countries
All-time high
0.9%
in 2009
All-time low
0.0%
in 1982
Years of data
51
1970–2020

Remittance inflows to GDP in Sweden, 1970–2020

00.20.40.60.81197019952020

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

Analysis

The most recent figure for remittance inflows to gdp in Sweden is 0.6%, measured in 2020.

That represents a change of down 4.3% on the previous year and down 30.3% over ten years.

Over the whole period, remittance inflows to gdp in Sweden peaked at 0.9% in 2009 and was at its lowest, 0.0%, in 1982.

Sweden ranks 139th of 195 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0% 0.0% 0.1% 10
1980s 0.0% 0.0% 0.1% 10
1990s 0.1% 0.0% 0.1% 10
2000s 0.5% 0.2% 0.9% 10
2010s 0.7% 0.5% 0.8% 10
2020s 0.6% 0.6% 0.6% 1

Countries ranked near Sweden

  1. 136 Syria 0.6% compare
  2. 137 Namibia 0.6% compare
  3. 138 Iran 0.6% compare
  4. 140 Cote d'Ivoire 0.5% compare
  5. 141 Tanzania 0.5% compare
  6. 142 Italy 0.5% compare

See the full ranking of 196 places β†’

More financial sector data for Sweden

All data for Sweden β†’

Frequently asked questions

What is remittance inflows to gdp in Sweden?
Remittance inflows to gdp in Sweden was 0.6% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Sweden?
The highest recorded value was 0.9% in 2009.
What is the lowest remittance inflows to gdp recorded in Sweden?
The lowest recorded value was 0.0% in 1982.
How does Sweden rank for remittance inflows to gdp?
Sweden ranks 139th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Sweden?
Over the last ten years it is down 30.3%. The long-run trend across the full record is volatile.
Where does this Sweden 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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CSV Β· JSON β€” 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.