Personal remittances, received (current US$) (Personal IMF balance) in Bahamas
Bahamas: Personal remittances, received (current US$) (Personal IMF balance) 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 197 countries on this measure, in the bottom quarter.
Personal remittances, received (current US$) (Personal IMF balance) in Bahamas, year by year
| Year | current US$ | Change |
|---|---|---|
| 2020 | 50.81 million current US$ | — |
| 2021 | 53.04 million current US$ | +4.4% |
| 2022 | 57.89 million current US$ | +9.1% |
| 2023 | 62.67 million current US$ | +8.3% |
| 2024 | 65.93 million current US$ | +5.2% |
Bahamas compared with similar countries
- Bahamas's 65.93 million current US$ is below the median for high income countries, which is 844.01 million current US$, 8% of the median. (69 countries reporting)
- Bahamas's 65.93 million current US$ is below the median for Latin America & Caribbean, which is 545.58 million current US$, 12% of the median. (37 countries reporting)
Countries ranked near Bahamas
- 160 Saint Vincent and the Grenadines 88.32 million current US$ compare
- 161 Barbados 85.18 million current US$
- 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 Angola 51.72 million current US$ compare
More economy & growth data for Bahamas
- Real gdp growth, annual growth rate 10.82 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
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 197 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.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.