Marshall Islands vs Palau: Personal remittances, paid
Personal remittances, paid over time
- Marshall Islands
- Palau
How they compare
Palau currently reports 17.56 million current US$ against 15.89 million current US$ in Marshall Islands, a difference of 1.68 million current US$.
That makes Palau's figure about 1.1 times Marshall Islands's.
The two have swapped places 2 times across 19 shared years of data; in 2005 it was Palau ahead.
Marshall Islands ranks 180th and Palau ranks 177th of 195 countries.
Across the 3 decades both report, Marshall Islands averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Marshall Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.89 million current US$ | 10.53 million current US$ | 6.65 million current US$ | Palau |
| 2010s | 18.82 million current US$ | 14.07 million current US$ | 4.75 million current US$ | Marshall Islands |
| 2020s | 14.66 million current US$ | 16.18 million current US$ | 1.52 million current US$ | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Marshall Islands or Palau?
- Palau, at 17.56 million current US$ against 15.89 million current US$ in Marshall Islands as of 2023.
- What is the difference in personal remittances, paid between Marshall Islands and Palau?
- 1.68 million current US$, with Palau ahead.
- How many years of comparable data are there for Marshall Islands and Palau?
- 19 years are reported by both, from 2005 to 2023.
- How do Marshall Islands and Palau rank globally for personal remittances, paid?
- Marshall Islands ranks 180th and Palau ranks 177th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). 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.