Caribbean vs Least Developed Countries (LDCs): Volume of remittances (in United States dollars) as a proportion of
Caribbean
4.5%
in 2024
Least Developed Countries (LDCs)
5.2%
in 2024
Caribbean rank
8th
Least Developed Countries (LDCs) rank
5th
Volume of remittances (in United States dollars) as a proportion of over time
- Caribbean
- Least Developed Countries (LDCs)
How they compare
Least Developed Countries (LDCs) currently reports 5.2% against 4.5% in Caribbean, a difference of 0.7%.
That makes Least Developed Countries (LDCs)'s figure about 1.2 times Caribbean's.
The two have swapped places 5 times across 25 shared years of data; in 2000 it was Caribbean ahead.
Caribbean ranks 8th and Least Developed Countries (LDCs) ranks 5th of 36 countries.
Across the 3 decades both report, Caribbean averaged higher in 2 and Least Developed Countries (LDCs) in 1.
Head to head by decade
| Decade | Caribbean | Least Developed Countries (LDCs) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.9% | 4.1% | 0.8% | Caribbean |
| 2010s | 4.5% | 4.2% | 0.3% | Caribbean |
| 2020s | 4.4% | 4.6% | 0.2% | Least Developed Countries (LDCs) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher volume of remittances (in united states dollars) as a proportion of, Caribbean or Least Developed Countries (LDCs)?
- Least Developed Countries (LDCs), at 5.2% against 4.5% in Caribbean as of 2024.
- What is the difference in volume of remittances (in united states dollars) as a proportion of between Caribbean and Least Developed Countries (LDCs)?
- 0.7%, with Least Developed Countries (LDCs) ahead.
- How many years of comparable data are there for Caribbean and Least Developed Countries (LDCs)?
- 25 years are reported by both, from 2000 to 2024.
- How do Caribbean and Least Developed Countries (LDCs) rank globally for volume of remittances (in united states dollars) as a proportion of?
- Caribbean ranks 8th and Least Developed Countries (LDCs) ranks 5th of 36 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.