Palau vs Papua New Guinea: Personal remittances, received
Personal remittances, received over time
- Palau
- Papua New Guinea
How they compare
Papua New Guinea currently reports 3.87 million current US$ against 2.22 million current US$ in Palau, a difference of 1.65 million current US$.
That makes Papua New Guinea's figure about 1.7 times Palau's.
Across all 19 years both countries report, Papua New Guinea has been ahead every year.
Palau ranks 193rd and Papua New Guinea ranks 190th of 196 countries.
Papua New Guinea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Palau | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.55 million current US$ | 6.19 million current US$ | 4.64 million current US$ | Papua New Guinea |
| 2010s | 2.23 million current US$ | 9.87 million current US$ | 7.64 million current US$ | Papua New Guinea |
| 2020s | 2.12 million current US$ | 8.38 million current US$ | 6.26 million current US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Palau or Papua New Guinea?
- Papua New Guinea, at 3.87 million current US$ against 2.22 million current US$ in Palau as of 2024.
- What is the difference in personal remittances, received between Palau and Papua New Guinea?
- 1.65 million current US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Palau and Papua New Guinea?
- 19 years are reported by both, from 2005 to 2023.
- How do Palau and Papua New Guinea rank globally for personal remittances, received?
- Palau ranks 193rd and Papua New Guinea ranks 190th of 196 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). 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.