Micronesia, Federated States of vs Palau: Personal remittances, paid
Personal remittances, paid over time
- Micronesia, Federated States of
- Palau
How they compare
Palau currently reports 17.56 million current US$ against 17.33 million current US$ in Micronesia, Federated States of, a difference of 232,200 current US$.
Across all 6 years both countries report, Micronesia, Federated States of has been ahead every year.
Micronesia, Federated States of ranks 178th and Palau ranks 177th of 195 countries.
Micronesia, Federated States of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Micronesia, Federated States of | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.25 million current US$ | 9.28 million current US$ | 5.96 million current US$ | Micronesia, Federated States of |
| 2010s | 17.06 million current US$ | 9.48 million current US$ | 7.57 million current US$ | Micronesia, Federated States of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Micronesia, Federated States of or Palau?
- Palau, at 17.56 million current US$ against 17.33 million current US$ in Micronesia, Federated States of as of 2023.
- What is the difference in personal remittances, paid between Micronesia, Federated States of and Palau?
- 232,200 current US$, with Palau ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Palau?
- 6 years are reported by both, from 2009 to 2014.
- How do Micronesia, Federated States of and Palau rank globally for personal remittances, paid?
- Micronesia, Federated States of ranks 178th and Palau ranks 177th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). 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.