Remittance inflows to GDP in Uganda

Uganda: Remittance inflows to GDP was 2.8% in 2020. β–Ό Falling

Latest (2020)
2.8%
Change on year
down 29.9%
World rank
88th
of 195 countries
All-time high
7.2%
in 2002
All-time low
2.7%
in 2014
Years of data
22
1999–2020

Remittance inflows to GDP in Uganda, 1999–2020

024681999200920201999: 3.9 %2000: 3.8 %2001: 6 %2002: 7.2 %2003: 4.5 %2004: 3.9 %2005: 3.5 %2006: 4.1 %2007: 3.8 %2008: 5 %2009: 3.1 %2010: 2.9 %2011: 2.9 %2012: 3.3 %2013: 3.3 %2014: 2.7 %2015: 2.8 %2016: 3.9 %2017: 3.8 %2018: 4.1 %2019: 4 %2020: 2.8 %

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

Analysis

Uganda recorded 2.8% for remittance inflows to gdp in 2020.

That represents a change of down 29.9% on the previous year and down 2.3% over ten years.

Over the whole period, remittance inflows to gdp in Uganda peaked at 7.2% in 2002 and was at its lowest, 2.7%, in 2014.

Uganda ranks 88th of 195 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.9% 3.9% 3.9% 1
2000s 4.5% 3.1% 7.2% 10
2010s 3.4% 2.7% 4.1% 10
2020s 2.8% 2.8% 2.8% 1

Countries ranked near Uganda

  1. 85 Luxembourg 3.0% compare
  2. 86 Burkina Faso 2.9% compare
  3. 87 Myanmar 2.9% compare
  4. 89 Eswatini 2.8% compare
  5. 90 Rwanda 2.8% compare
  6. 91 Antigua and Barbuda 2.7% compare

See the full ranking of 196 places β†’

More financial sector data for Uganda

All data for Uganda β†’

Frequently asked questions

What is remittance inflows to gdp in Uganda?
Remittance inflows to gdp in Uganda was 2.8% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Uganda?
The highest recorded value was 7.2% in 2002.
What is the lowest remittance inflows to gdp recorded in Uganda?
The lowest recorded value was 2.7% in 2014.
How does Uganda rank for remittance inflows to gdp?
Uganda ranks 88th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Uganda?
Over the last ten years it is down 2.3%. The long-run trend across the full record is falling.
Where does this Uganda 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.