Personal remittances, received in Other small states
Other small states: Personal remittances, received was 1.8% in 2024. ▲ Rising
Personal remittances, received in Other small states, 1992–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Other small states recorded 1.8% for personal remittances, received in 2024.
Compared with earlier readings it is down 10.5% on the previous year and down 24.6% over ten years.
Over the whole period, personal remittances, received in Other small states peaked at 2.6% in 2010 and was at its lowest, 0.7%, in 2002.
That places Other small states 28th out of 47 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Personal remittances, received in Other small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 2.0% | — |
| 1994 | 1.7% | -15.9% |
| 1995 | 1.3% | -19.3% |
| 1996 | 1.3% | -2.4% |
| 1997 | 1.3% | -1.1% |
| 1998 | 1.2% | -6.8% |
| 1999 | 1.2% | -2.0% |
| 2000 | 1.2% | +0.1% |
| 2001 | 0.8% | -34.8% |
| 2002 | 0.7% | -14.4% |
| 2003 | 0.7% | +13.4% |
| 2004 | 1.4% | +91.8% |
| 2005 | 1.4% | -2.9% |
| 2006 | 1.4% | +4.0% |
| 2007 | 1.4% | -1.0% |
| 2008 | 2.3% | +61.0% |
| 2009 | 2.2% | -3.0% |
| 2010 | 2.6% | +14.3% |
| 2011 | 2.4% | -4.8% |
| 2012 | 2.4% | -2.0% |
| 2013 | 2.2% | -9.3% |
| 2014 | 2.4% | +11.4% |
| 2015 | 2.4% | -1.0% |
| 2016 | 2.3% | -3.8% |
| 2017 | 2.0% | -10.6% |
| 2018 | 2.0% | -0.8% |
| 2019 | 2.0% | +0.2% |
| 2020 | 2.2% | +9.8% |
| 2021 | 2.3% | +1.1% |
| 2022 | 2.1% | -7.2% |
| 2023 | 2.0% | -3.5% |
| 2024 | 1.8% | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.4% | 1.2% | 2.0% | 7 |
| 2000s | 1.4% | 0.7% | 2.3% | 10 |
| 2010s | 2.3% | 2.0% | 2.6% | 10 |
| 2020s | 2.1% | 1.8% | 2.3% | 5 |
Countries ranked near Other small states
- 25 Egypt 11.4% compare
- 26 Georgia 11.2% compare
- 27 Bosnia and Herzegovina 10.7% compare
- 28 Senegal 10.6% compare
- 29 French Polynesia 10.6% compare
- 30 Timor-Leste 10.0% compare
- 31 Pakistan 9.9% compare
More economy & growth data for Other small states
- Services, value added (current US$), per unit of GDP 0.6767 current US$ per US$ of GDP (2025)
- Industry (including construction), value added 2.2% (2025)
- Industry (including construction), value added 19.1% (2025)
- Industry (including construction), value added (constant 2015 US$) 2,460 constant 2015 US$ per person (2025)
- Services, value added 154.73 billion current US$ (2025)
- Services, value added 113.61 billion constant 2015 US$ (2025)
- Services, value added 67.7% (2025)
- Services, value added (current US$), annual growth rate 10.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8968 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.59 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Other small states?
- Personal remittances, received in Other small states was 1.8% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Other small states?
- The highest recorded value was 2.6% in 2010.
- What is the lowest personal remittances, received recorded in Other small states?
- The lowest recorded value was 0.7% in 2002.
- How does Other small states rank for personal remittances, received?
- Other small states ranks 28th out of 47 groups with data for 2024.
- Is personal remittances, received rising or falling in Other small states?
- Over the last ten years it is down 24.6%. The long-run trend across the full record is rising.
- Where does this Other small states data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.