Personal remittances, received (current US$) (Personal IMF balance) in Marshall Islands
Marshall Islands: Personal remittances, received (current US$) (Personal IMF balance) was 66.91 million current US$ in 2024. ▲ Rising
Personal remittances, received in Marshall Islands, 2005–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Marshall Islands recorded 66.91 million current US$ for personal remittances, received in 2024. That is the highest value across all 20 years on record.
The figure is up 13.6% on the previous year and up 156.5% over ten years.
Over the whole period, personal remittances, received in Marshall Islands peaked at 66.91 million current US$ in 2024 and was at its lowest, 22.15 million current US$, in 2011.
That places Marshall Islands 162nd out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Personal remittances, received (current US$) (Personal IMF balance) in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 23.74 million current US$ | — |
| 2006 | 25.99 million current US$ | +9.5% |
| 2007 | 25.14 million current US$ | -3.3% |
| 2008 | 23.06 million current US$ | -8.3% |
| 2009 | 23.59 million current US$ | +2.3% |
| 2010 | 22.21 million current US$ | -5.8% |
| 2011 | 22.15 million current US$ | -0.3% |
| 2012 | 23.24 million current US$ | +4.9% |
| 2013 | 24.56 million current US$ | +5.7% |
| 2014 | 26.08 million current US$ | +6.2% |
| 2015 | 27.34 million current US$ | +4.8% |
| 2016 | 28.34 million current US$ | +3.7% |
| 2017 | 30.45 million current US$ | +7.4% |
| 2018 | 31.45 million current US$ | +3.3% |
| 2019 | 32.45 million current US$ | +3.2% |
| 2020 | 33.45 million current US$ | +3.1% |
| 2021 | 34.45 million current US$ | +3.0% |
| 2022 | 51.58 million current US$ | +49.7% |
| 2023 | 58.88 million current US$ | +14.2% |
| 2024 | 66.91 million current US$ | +13.6% |
Marshall Islands compared with similar countries
- Marshall Islands's 66.91 million current US$ is below the median for upper middle income countries, which is 1.49 billion current US$, 4% of the median. (57 countries reporting)
- Marshall Islands's 66.91 million current US$ is below the median for East Asia & Pacific, which is 472.99 million current US$, 14% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$) (Personal IMF balance) in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +49.7% | 34.45 million current US$ | 51.58 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.31 million current US$ | 23.06 million current US$ | 25.99 million current US$ | 5 |
| 2010s | 26.83 million current US$ | 22.15 million current US$ | 32.45 million current US$ | 10 |
| 2020s | 49.05 million current US$ | 33.45 million current US$ | 66.91 million current US$ | 5 |
Countries ranked near Marshall Islands
- 159 Mauritania 94.54 million current US$ compare
- 160 Saint Vincent and the Grenadines 88.32 million current US$ compare
- 161 Barbados 85.18 million current US$ compare
- 163 Bahamas 65.93 million current US$ compare
- 164 Saint Lucia 62.48 million current US$ compare
- 165 Djibouti 56.00 million current US$ compare
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 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 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Marshall Islands?
- Personal remittances, received in Marshall Islands was 66.91 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 Marshall Islands?
- The highest recorded value was 66.91 million current US$ in 2024.
- What is the lowest personal remittances, received recorded in Marshall Islands?
- The lowest recorded value was 22.15 million current US$ in 2011.
- How does Marshall Islands rank for personal remittances, received?
- Marshall Islands ranks 162nd out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Marshall Islands?
- Over the last ten years it is up 156.5%. The long-run trend across the full record is rising.
- Where does this Marshall Islands 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.