Remittance inflows to GDP in Switzerland
Switzerland: Remittance inflows to GDP was 0.4% in 2020. ▼ Falling
Remittance inflows to GDP in Switzerland, 1980–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Switzerland recorded 0.4% for remittance inflows to gdp in 2020.
That represents a change of up 12.2% on the previous year and down 5.4% over ten years.
Over the whole period, remittance inflows to gdp in Switzerland peaked at 0.5% in 1980 and was at its lowest, 0.3%, in 2014.
That places Switzerland 150th out of 197 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Remittance inflows to GDP in Switzerland, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 0.5% | — |
| 1981 | 0.4% | -20.5% |
| 1982 | 0.5% | +16.1% |
| 1983 | 0.5% | +5.0% |
| 1984 | 0.5% | -5.8% |
| 1985 | 0.4% | -0.8% |
| 1986 | 0.4% | -8.8% |
| 1987 | 0.4% | -4.5% |
| 1988 | 0.4% | -2.0% |
| 1989 | 0.4% | -5.3% |
| 1990 | 0.3% | -4.2% |
| 1991 | 0.4% | +5.6% |
| 1992 | 0.4% | +1.6% |
| 1993 | 0.4% | +3.6% |
| 1994 | 0.4% | +4.0% |
| 1995 | 0.4% | +3.8% |
| 1996 | 0.4% | -2.1% |
| 1997 | 0.4% | +0.3% |
| 1998 | 0.4% | -1.4% |
| 1999 | 0.4% | +1.3% |
| 2000 | 0.4% | -13.1% |
| 2001 | 0.4% | +15.2% |
| 2002 | 0.4% | -3.5% |
| 2003 | 0.4% | +6.9% |
| 2004 | 0.4% | -1.0% |
| 2005 | 0.4% | -2.1% |
| 2006 | 0.4% | -1.2% |
| 2007 | 0.4% | -10.1% |
| 2008 | 0.4% | +6.7% |
| 2009 | 0.4% | +8.0% |
| 2010 | 0.4% | -1.5% |
| 2011 | 0.4% | -12.4% |
| 2012 | 0.3% | -3.4% |
| 2013 | 0.3% | -2.2% |
| 2014 | 0.3% | -4.2% |
| 2015 | 0.4% | +9.4% |
| 2016 | 0.4% | +1.2% |
| 2017 | 0.4% | +1.4% |
| 2018 | 0.3% | -5.7% |
| 2019 | 0.3% | +0.5% |
| 2020 | 0.4% | +12.2% |
Switzerland compared with similar countries
- Switzerland's 0.4% is below the median for high income countries, which is 0.8%, 51% of the median. (67 countries reporting)
- Switzerland's 0.4% is below the median for Europe & Central Asia, which is 1.5%, 26% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4% | 0.4% | 0.5% | 10 |
| 1990s | 0.4% | 0.3% | 0.4% | 10 |
| 2000s | 0.4% | 0.4% | 0.4% | 10 |
| 2010s | 0.4% | 0.3% | 0.4% | 10 |
| 2020s | 0.4% | 0.4% | 0.4% | 1 |
Countries ranked near Switzerland
More financial sector data for Switzerland
- Reserve position in the IMF, US dollar, annual growth rate 10.03 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.34 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 4.78 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.03 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.34 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 4.78 % change on previous year (2025)
Frequently asked questions
- What is remittance inflows to gdp in Switzerland?
- Remittance inflows to gdp in Switzerland was 0.4% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Switzerland?
- The highest recorded value was 0.5% in 1980.
- What is the lowest remittance inflows to gdp recorded in Switzerland?
- The lowest recorded value was 0.3% in 2014.
- How does Switzerland rank for remittance inflows to gdp?
- Switzerland ranks 150th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Switzerland?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is falling.
- Where does this Switzerland 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.