Personal remittances, paid in Marshall Islands
Marshall Islands: Personal remittances, paid was 15.89 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Marshall Islands, 2005–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Marshall Islands is 15.89 million current US$, measured in 2024.
That represents a change of up 11.2% on the previous year and down 33.3% over ten years.
Over the whole period, personal remittances, paid in Marshall Islands peaked at 23.82 million current US$ in 2014 and was at its lowest, 3.47 million current US$, in 2005.
That places Marshall Islands 180th out of 195 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.89 million current US$ | 3.47 million current US$ | 4.43 million current US$ | 5 |
| 2010s | 18.82 million current US$ | 7.88 million current US$ | 23.82 million current US$ | 10 |
| 2020s | 14.91 million current US$ | 13.12 million current US$ | 17.68 million current US$ | 5 |
Countries ranked near Marshall Islands
- 177 Palau 17.56 million current US$ compare
- 178 Micronesia (country) 17.33 million current US$ compare
- 179 Saint Lucia 16.17 million current US$ compare
- 181 Chad 15.42 million current US$ compare
- 182 Saint Vincent and the Grenadines 14.99 million current US$ compare
- 183 Fiji 13.13 million current US$ compare
More economy & growth data for Marshall Islands
- Exports of goods and services 18.7% (2024)
- Gross national expenditure 413.62 million current LCU (2024)
- Gross national expenditure 326.93 million constant 2015 US$ (2024)
- Industry (including construction), value added 4.2% (2024)
- Gross national expenditure 145.1% (2024)
- Exports of goods and services 111.00 million current US$ (2025)
- Exports of goods and services 111.00 million current LCU (2025)
- Exports of goods and services 90.49 million constant 2015 US$ (2024)
- Gross fixed capital formation 60.68 million constant 2015 US$ (2024)
- Gross fixed capital formation 65.14 million current LCU (2024)
Frequently asked questions
- What is personal remittances, paid in Marshall Islands?
- Personal remittances, paid in Marshall Islands was 15.89 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Marshall Islands?
- The highest recorded value was 23.82 million current US$ in 2014.
- What is the lowest personal remittances, paid recorded in Marshall Islands?
- The lowest recorded value was 3.47 million current US$ in 2005.
- How does Marshall Islands rank for personal remittances, paid?
- Marshall Islands ranks 180th out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Marshall Islands?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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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.