Cyprus vs Türkiye: Personal remittances, paid
Personal remittances, paid over time
- Cyprus
- Türkiye
How they compare
Türkiye currently reports 1.53 billion current US$ against 1.52 billion current US$ in Cyprus, a difference of 14.77 million current US$.
The two have swapped places 3 times across 20 shared years of data; in 2005 it was Cyprus ahead.
Cyprus ranks 44th and Türkiye ranks 43rd of 195 countries.
Cyprus has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cyprus | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 458.76 million current US$ | 127.80 million current US$ | 330.96 million current US$ | Cyprus |
| 2010s | 795.62 million current US$ | 626.00 million current US$ | 169.62 million current US$ | Cyprus |
| 2020s | 1.08 billion current US$ | 882.20 million current US$ | 192.81 million current US$ | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Cyprus or Türkiye?
- Türkiye, at 1.53 billion current US$ against 1.52 billion current US$ in Cyprus as of 2024.
- What is the difference in personal remittances, paid between Cyprus and Türkiye?
- 14.77 million current US$, with Türkiye ahead.
- How many years of comparable data are there for Cyprus and Türkiye?
- 20 years are reported by both, from 2005 to 2024.
- How do Cyprus and Türkiye rank globally for personal remittances, paid?
- Cyprus ranks 44th and Türkiye ranks 43rd of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.