Barbados vs Venezuela: Personal remittances, paid
Personal remittances, paid over time
- Barbados
- Venezuela
How they compare
Venezuela currently reports 54.00 million current US$ against 48.76 million current US$ in Barbados, a difference of 5.24 million current US$.
That makes Venezuela's figure about 1.1 times Barbados's.
Across all 47 years both countries report, Venezuela has been ahead every year.
Barbados ranks 160th and Venezuela ranks 157th of 195 countries.
Venezuela has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Barbados | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 512,209 current US$ | 180.60 million current US$ | 180.09 million current US$ | Venezuela |
| 1980s | 2.01 million current US$ | 300.70 million current US$ | 298.69 million current US$ | Venezuela |
| 1990s | 13.22 million current US$ | 473.40 million current US$ | 460.18 million current US$ | Venezuela |
| 2000s | 30.76 million current US$ | 409.60 million current US$ | 378.84 million current US$ | Venezuela |
| 2010s | 53.86 million current US$ | 565.00 million current US$ | 511.14 million current US$ | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Barbados or Venezuela?
- Venezuela, at 54.00 million current US$ against 48.76 million current US$ in Barbados as of 2016.
- What is the difference in personal remittances, paid between Barbados and Venezuela?
- 5.24 million current US$, with Venezuela ahead.
- How many years of comparable data are there for Barbados and Venezuela?
- 47 years are reported by both, from 1970 to 2016.
- How do Barbados and Venezuela rank globally for personal remittances, paid?
- Barbados ranks 160th and Venezuela ranks 157th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.