Personal remittances, received in Marshall Islands

Marshall Islands: Personal remittances, received was 66.91 million current US$ in 2024. ▲ Rising

Latest (2024)
66.91 million current US$
Change on year
up 13.6%
World rank
163rd
of 196 countries
All-time high
66.91 million current US$
in 2024
All-time low
22.15 million current US$
in 2011
Years of data
20
2005–2024

Personal remittances, received in Marshall Islands, 2005–2024

20.0M30.0M40.0M50.0M60.0M70.0M2005201420242005: 23.7M current US$2006: 26.0M current US$2007: 25.1M current US$2008: 23.1M current US$2009: 23.6M current US$2010: 22.2M current US$2011: 22.1M current US$2012: 23.2M current US$2013: 24.6M current US$2014: 26.1M current US$2015: 27.3M current US$2016: 28.3M current US$2017: 30.5M current US$2018: 31.5M current US$2019: 32.5M current US$2020: 33.5M current US$2021: 34.5M current US$2022: 51.6M current US$2023: 58.9M current US$2024: 66.9M current US$

Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.

Analysis

Marshall Islands recorded 66.91 million current US$ for personal remittances, received in 2024. That is the highest value across all 20 years on record.

The figure is up 13.6% on the previous year and up 156.5% over ten years.

Over the whole period, personal remittances, received in Marshall Islands peaked at 66.91 million current US$ in 2024 and was at its lowest, 22.15 million current US$, in 2011.

That places Marshall Islands 163rd out of 196 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.31 million current US$ 23.06 million current US$ 25.99 million current US$ 5
2010s 26.83 million current US$ 22.15 million current US$ 32.45 million current US$ 10
2020s 49.05 million current US$ 33.45 million current US$ 66.91 million current US$ 5

Countries ranked near Marshall Islands

  1. 160 Saint Vincent and the Grenadines 88.32 million current US$ compare
  2. 161 Barbados 85.18 million current US$ compare
  3. 162 Sao Tome and Principe 80.14 million current US$ compare
  4. 164 Bahamas 65.93 million current US$ compare
  5. 165 Saint Lucia 62.48 million current US$ compare
  6. 166 Djibouti 56.00 million current US$ compare

See the full ranking of 243 places →

More economy & growth data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is personal remittances, received in Marshall Islands?
Personal remittances, received in Marshall Islands was 66.91 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
What is the highest personal remittances, received recorded in Marshall Islands?
The highest recorded value was 66.91 million current US$ in 2024.
What is the lowest personal remittances, received recorded in Marshall Islands?
The lowest recorded value was 22.15 million current US$ in 2011.
How does Marshall Islands rank for personal remittances, received?
Marshall Islands ranks 163rd out of 196 countries with data for 2024.
Is personal remittances, received rising or falling in Marshall Islands?
Over the last ten years it is up 156.5%. The long-run trend across the full record is rising.
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, received (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Personal remittances, received (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
243 places, 9,711 data points, 1970–2025
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.