Personal remittances, received in Tuvalu

Tuvalu: Personal remittances, received was 2.59 million current US$ in 2023. ▼ Falling

Latest (2023)
2.59 million current US$
Change on year
up 4.9%
World rank
191st
of 196 countries
All-time high
6.54 million current US$
in 2002
All-time low
2.20 million current US$
in 2020
Years of data
23
2001–2023

Personal remittances, received in Tuvalu, 2001–2023

2.0M3.0M4.0M5.0M6.0M7.0M2001201220232001: 4.3M current US$2002: 6.5M current US$2003: 5.1M current US$2004: 4.9M current US$2005: 4.9M current US$2006: 3.7M current US$2007: 5.6M current US$2008: 6.0M current US$2009: 4.8M current US$2010: 3.9M current US$2011: 4.6M current US$2012: 3.8M current US$2013: 3.7M current US$2014: 3.2M current US$2015: 2.6M current US$2016: 2.5M current US$2017: 2.7M current US$2018: 2.7M current US$2019: 2.4M current US$2020: 2.2M current US$2021: 2.9M current US$2022: 2.5M current US$2023: 2.6M current US$

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

Analysis

Tuvalu recorded 2.59 million current US$ for personal remittances, received in 2023.

That represents a change of up 4.9% on the previous year and down 29.4% over ten years.

Over the whole period, personal remittances, received in Tuvalu peaked at 6.54 million current US$ in 2002 and was at its lowest, 2.20 million current US$, in 2020.

Tuvalu ranks 191st of 196 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.08 million current US$ 3.66 million current US$ 6.54 million current US$ 9
2010s 3.23 million current US$ 2.41 million current US$ 4.58 million current US$ 10
2020s 2.55 million current US$ 2.20 million current US$ 2.95 million current US$ 4

Countries ranked near Tuvalu

  1. 188 Turks and Caicos Islands 7.48 million current US$ compare
  2. 189 Maldives 5.65 million current US$ compare
  3. 190 Papua New Guinea 3.87 million current US$ compare
  4. 192 Nauru 2.24 million current US$ compare
  5. 193 Palau 2.22 million current US$ compare
  6. 194 Chad 724,057 current US$ compare

See the full ranking of 243 places →

More economy & growth data for Tuvalu

All data for Tuvalu →

Frequently asked questions

What is personal remittances, received in Tuvalu?
Personal remittances, received in Tuvalu was 2.59 million current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
What is the highest personal remittances, received recorded in Tuvalu?
The highest recorded value was 6.54 million current US$ in 2002.
What is the lowest personal remittances, received recorded in Tuvalu?
The lowest recorded value was 2.20 million current US$ in 2020.
How does Tuvalu rank for personal remittances, received?
Tuvalu ranks 191st out of 196 countries with data for 2023.
Is personal remittances, received rising or falling in Tuvalu?
Over the last ten years it is down 29.4%. The long-run trend across the full record is falling.
Where does this Tuvalu 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.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.