Personal remittances, received (current US$) (Personal IMF balance) in Turks and Caicos Islands
Turks and Caicos Islands: Personal remittances, received (current US$) (Personal IMF balance) was 7.48 million current US$ in 2018. ▲ Rising
Personal remittances, received in Turks and Caicos Islands, 2014–2018
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Turks and Caicos Islands recorded 7.48 million current US$ for personal remittances, received in 2018.
That represents a change of down 3.0% on the previous year and up 4.4% over five years.
Turks and Caicos Islands ranks 189th of 197 countries on this measure, in the bottom quarter.
Personal remittances, received (current US$) (Personal IMF balance) in Turks and Caicos Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2014 | 7.17 million current US$ | — |
| 2015 | 6.05 million current US$ | -15.5% |
| 2016 | 7.47 million current US$ | +23.4% |
| 2017 | 7.72 million current US$ | +3.3% |
| 2018 | 7.48 million current US$ | -3.0% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 7.48 million current US$ is below the median for high income countries, which is 844.01 million current US$, 1% of the median. (69 countries reporting)
- Turks and Caicos Islands's 7.48 million current US$ is below the median for Latin America & Caribbean, which is 545.58 million current US$, 1% of the median. (37 countries reporting)
Countries ranked near Turks and Caicos Islands
- 186 Seychelles 12.51 million current US$ compare
- 187 Sudan 11.94 million current US$ compare
- 188 Cayman Islands 11.50 million current US$
- 190 Maldives 5.93 million current US$ compare
- 191 Papua New Guinea 3.87 million current US$ compare
- 192 Tuvalu 2.59 million current US$ compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (constant LCU), annual 9.05 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 36,764 current US$ per person (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9802 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 6,332 constant 2015 US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0913 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is personal remittances, received in Turks and Caicos Islands?
- Personal remittances, received in Turks and Caicos Islands was 7.48 million current US$ in 2018, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Turks and Caicos Islands?
- The highest recorded value was 7.72 million current US$ in 2017.
- What is the lowest personal remittances, received recorded in Turks and Caicos Islands?
- The lowest recorded value was 6.05 million current US$ in 2015.
- How does Turks and Caicos Islands rank for personal remittances, received?
- Turks and Caicos Islands ranks 189th out of 197 countries with data for 2018.
- Where does this Turks and Caicos 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.