Personal remittances, received in Bahamas
Bahamas: Personal remittances, received was 65.93 million current US$ in 2024. ▲ Rising
Personal remittances, received in Bahamas, 2020–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, received in Bahamas is 65.93 million current US$, measured in 2024. That is the highest value across all 5 years on record.
That represents a change of up 5.2% on the previous year and up 29.8% over five years.
Bahamas ranks 163rd of 195 countries on this measure, in the bottom quarter.
Countries ranked near Bahamas
- 160 Barbados 85.18 million current US$ compare
- 161 Sao Tome and Principe 80.14 million current US$ compare
- 162 Marshall Islands 66.91 million current US$ compare
- 164 Saint Lucia 62.48 million current US$ compare
- 165 Djibouti 56.00 million current US$ compare
- 166 Andorra 52.34 million current US$ compare
More economy & growth data for Bahamas
- External balance on goods and services as a percent of GDP -3.7% (2024)
- Inflation of consumer prices 0.4% (2024)
- GDP per capita 33,968 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.6% (2024)
- Gross domestic product (GDP) 13.63 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 33,968 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -29.90 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -29.90 million current US$ (2024)
- Taxes less subsidies on products 1.95 billion current LCU (2024)
Frequently asked questions
- What is personal remittances, received in Bahamas?
- Personal remittances, received in Bahamas was 65.93 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Bahamas?
- The highest recorded value was 65.93 million current US$ in 2024.
- What is the lowest personal remittances, received recorded in Bahamas?
- The lowest recorded value was 50.81 million current US$ in 2020.
- How does Bahamas rank for personal remittances, received?
- Bahamas ranks 163rd out of 195 countries with data for 2024.
- Where does this Bahamas data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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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.