Remittance inflows to GDP in East Timor

East Timor: Remittance inflows to GDP was 8.2% in 2020. ◆ Volatile

Latest (2020)
8.2%
Change on year
up 66.7%
World rank
45th
of 195 countries
All-time high
15.6%
in 2009
All-time low
0.0%
in 2005
Years of data
16
2005–2020

Remittance inflows to GDP in East Timor, 2005–2020

0510152005201220202005: 0 %2006: 0.803 %2007: 1.9 %2008: 2.7 %2009: 15.6 %2010: 15.6 %2011: 13.1 %2012: 10.3 %2013: 2.4 %2014: 3 %2015: 3.9 %2016: 4.9 %2017: 5.4 %2018: 6.1 %2019: 4.9 %2020: 8.2 %

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

Analysis

East Timor recorded 8.2% for remittance inflows to gdp in 2020.

The figure is up 66.7% on the previous year and down 47.4% over ten years.

Over the whole period, remittance inflows to gdp in East Timor peaked at 15.6% in 2009 and was at its lowest, 0.0%, in 2005.

East Timor ranks 45th of 195 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.2% 0.0% 15.6% 5
2010s 7.0% 2.4% 15.6% 10
2020s 8.2% 8.2% 8.2% 1

Countries ranked near East Timor

  1. 42 Pakistan 8.7% compare
  2. 43 Togo 8.6% compare
  3. 44 Kiribati 8.2% compare
  4. 46 Egypt 8.1% compare
  5. 47 Guyana 8.0% compare
  6. 48 Fiji 7.8% compare

See the full ranking of 196 places →

More financial sector data for East Timor

All data for East Timor →

Frequently asked questions

What is remittance inflows to gdp in East Timor?
Remittance inflows to gdp in East Timor was 8.2% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in East Timor?
The highest recorded value was 15.6% in 2009.
What is the lowest remittance inflows to gdp recorded in East Timor?
The lowest recorded value was 0.0% in 2005.
How does East Timor rank for remittance inflows to gdp?
East Timor ranks 45th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in East Timor?
Over the last ten years it is down 47.4%. The long-run trend across the full record is volatile.
Where does this East Timor 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.