Bermuda vs Mongolia: Personal remittances, paid
Personal remittances, paid over time
- Bermuda
- Mongolia
How they compare
Mongolia currently reports 187.47 million current US$ against 176.18 million current US$ in Bermuda, a difference of 11.30 million current US$.
That makes Mongolia's figure about 1.1 times Bermuda's.
The two have swapped places 4 times across 18 shared years of data; in 2006 it was Bermuda ahead.
Bermuda ranks 116th and Mongolia ranks 113th of 194 countries.
Across the 3 decades both report, Bermuda averaged higher in 2 and Mongolia in 1.
Head to head by decade
| Decade | Bermuda | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 188.25 million current US$ | 105.63 million current US$ | 82.62 million current US$ | Bermuda |
| 2010s | 212.95 million current US$ | 282.28 million current US$ | 69.33 million current US$ | Mongolia |
| 2020s | 172.67 million current US$ | 145.32 million current US$ | 27.36 million current US$ | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Bermuda or Mongolia?
- Mongolia, at 187.47 million current US$ against 176.18 million current US$ in Bermuda as of 2024.
- What is the difference in personal remittances, paid between Bermuda and Mongolia?
- 11.30 million current US$, with Mongolia ahead.
- How many years of comparable data are there for Bermuda and Mongolia?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Mongolia rank globally for personal remittances, paid?
- Bermuda ranks 116th and Mongolia ranks 113th of 194 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). 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.