Marshall Islands vs Palau: Personal remittances, paid

Marshall Islands
15.89 million current US$
in 2024
Palau
17.56 million current US$
in 2023
Marshall Islands rank
180th
Palau rank
177th

Personal remittances, paid over time

  • Marshall Islands
  • Palau
5.0M10.0M15.0M20.0M25.0M200520142024

How they compare

Palau currently reports 17.56 million current US$ against 15.89 million current US$ in Marshall Islands, a difference of 1.68 million current US$.

That makes Palau's figure about 1.1 times Marshall Islands's.

The two have swapped places 2 times across 19 shared years of data; in 2005 it was Palau ahead.

Globally, Marshall Islands ranks 180th and Palau ranks 177th of 195 countries.

Individual pages

About this data

Indicator
Personal remittances, paid (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,655 data points, 1966–2025
Last refreshed

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.