Germany vs Switzerland: Personal remittances, paid
Personal remittances, paid over time
- Germany
- Switzerland
How they compare
Switzerland currently reports 42.68 billion current US$ against 26.67 billion current US$ in Germany, a difference of 16.00 billion current US$.
That makes Switzerland's figure about 1.6 times Germany's.
The two have swapped places 3 times across 49 shared years of data; in 1977 it was Germany ahead.
Globally, Germany ranks 4th and Switzerland ranks 3rd of 195 countries.
Individual pages
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.