Remittance inflows to GDP in Turkmenistan
Turkmenistan: Remittance inflows to GDP was 0.0% in 2019. ◆ Volatile
Remittance inflows to GDP in Turkmenistan, 1996–2019
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2019, remittance inflows to gdp in Turkmenistan stood at 0.0%. That is the lowest value across all 15 years on record.
The figure is down 54.9% on the previous year and down 98.7% over ten years.
Over the whole period, remittance inflows to gdp in Turkmenistan peaked at 0.3% in 2008 and was at its lowest, 0.0%, in 2019.
That places Turkmenistan 189th out of 197 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittance inflows to GDP in Turkmenistan, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 0.2% | — |
| 2006 | 0.1% | -24.6% |
| 2007 | 0.2% | +70.7% |
| 2008 | 0.3% | +8.0% |
| 2009 | 0.2% | -35.5% |
| 2010 | 0.2% | -6.2% |
| 2011 | 0.1% | -23.8% |
| 2012 | 0.1% | -11.4% |
| 2013 | 0.1% | -3.3% |
| 2014 | 0.1% | -32.5% |
| 2015 | 0.0% | -35.2% |
| 2016 | 0.0% | -44.3% |
| 2017 | 0.0% | -57.6% |
| 2018 | 0.0% | -53.5% |
| 2019 | 0.0% | -54.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.2% | 0.2% | 1 |
| 2000s | 0.2% | 0.1% | 0.3% | 4 |
| 2010s | 0.1% | 0.0% | 0.2% | 10 |
Countries ranked near Turkmenistan
- 186 Kuwait 0.0% compare
- 187 Angola 0.0% compare
- 188 Papua New Guinea 0.0% compare
- 190 Central African Republic 0.0% compare
- 190 Chad 0.0% compare
- 190 Equatorial Guinea 0.0% compare
- 190 Eritrea 0.0% compare
- 190 Faroe Islands 0.0% compare
- 190 Libya 0.0% compare
- 190 Singapore 0.0%
- 190 Tuvalu 0.0% compare
More financial sector data for Turkmenistan
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 12.8 % change on previous year (1999)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.4498 SDR per US$ of GDP (1999)
- Reserves excluding gold, foreign exchange (SDR), per capita 245.4 SDR per person (1999)
- Reserves excluding gold (SDR), annual growth rate 12.8 % change on previous year (1999)
- Reserves excluding gold (SDR), per capita 245.4 SDR per person (1999)
- Total reserves (gold at market value) (SDR), annual growth rate 12.8 % change on previous year (1999)
- Total reserves (gold at market value) (SDR), per capita 245.4 SDR per person (1999)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.8 % change on previous year (1999)
- Total reserves (gold at national valuation) (SDR), per capita 245.4 SDR per person (1999)
- Total reserves (gold at national valuation) 1.10 billion SDR (1999)
Frequently asked questions
- What is remittance inflows to gdp in Turkmenistan?
- Remittance inflows to gdp in Turkmenistan was 0.0% in 2019, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Turkmenistan?
- The highest recorded value was 0.3% in 2008.
- What is the lowest remittance inflows to gdp recorded in Turkmenistan?
- The lowest recorded value was 0.0% in 2019.
- How does Turkmenistan rank for remittance inflows to gdp?
- Turkmenistan ranks 189th out of 197 countries with data for 2019.
- Is remittance inflows to gdp rising or falling in Turkmenistan?
- Over the last ten years it is down 98.7%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan 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.