Remittance inflows to GDP in Türkiye
Türkiye: Remittance inflows to GDP was 0.1% in 2020. ◆ Volatile
Remittance inflows to GDP in Türkiye, 1974–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Türkiye is 0.1%, measured in 2020.
The figure is up 3.7% on the previous year and down 52.8% over ten years.
Over the whole period, remittance inflows to gdp in Türkiye peaked at 4.0% in 1974 and was at its lowest, 0.1%, in 2019.
That places Türkiye 172nd out of 196 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.3% | 1.5% | 4.0% | 6 |
| 1980s | 2.7% | 2.0% | 3.5% | 10 |
| 1990s | 1.9% | 1.6% | 2.2% | 10 |
| 2000s | 0.6% | 0.2% | 1.7% | 10 |
| 2010s | 0.2% | 0.1% | 0.2% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Türkiye
More financial sector data for Türkiye
- Net domestic credit (current LCU), per capita 365,380 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 19.64 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 42.15 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 913.08 million SDR (2025)
- Gold reserves at market value 83.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 46.67 billion SDR (2025)
- Reserves excluding gold 52.30 billion SDR (2025)
- Total reserves (gold at market value) 135.50 billion SDR (2025)
- Total reserves (gold at national valuation) 134.36 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,565 SDR per person (2025)
Frequently asked questions
- What is remittance inflows to gdp in Türkiye?
- Remittance inflows to gdp in Türkiye was 0.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Türkiye?
- The highest recorded value was 4.0% in 1974.
- What is the lowest remittance inflows to gdp recorded in Türkiye?
- The lowest recorded value was 0.1% in 2019.
- How does Türkiye rank for remittance inflows to gdp?
- Türkiye ranks 172nd out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Türkiye?
- Over the last ten years it is down 52.8%. The long-run trend across the full record is volatile.
- Where does this Türkiye 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.