Personal transfers, receipts in Marshall Islands
Marshall Islands: Personal transfers, receipts was 29.45 million BoP, current US$ in 2024. ◆ Volatile
Personal transfers, receipts in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, personal transfers, receipts in Marshall Islands stood at 29.45 million BoP, current US$. That is the highest value across all 20 years on record.
The figure is up 5.9% on the previous year and up 306.2% over ten years.
Over the whole period, personal transfers, receipts in Marshall Islands peaked at 29.45 million BoP, current US$ in 2024 and was at its lowest, 2.51 million BoP, current US$, in 2005.
That places Marshall Islands 151st out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 2.51 million BoP, current US$ | — |
| 2006 | 2.67 million BoP, current US$ | +6.3% |
| 2007 | 2.83 million BoP, current US$ | +5.9% |
| 2008 | 3.18 million BoP, current US$ | +12.6% |
| 2009 | 3.51 million BoP, current US$ | +10.4% |
| 2010 | 3.30 million BoP, current US$ | -6.2% |
| 2011 | 3.39 million BoP, current US$ | +2.8% |
| 2012 | 4.91 million BoP, current US$ | +45.0% |
| 2013 | 5.68 million BoP, current US$ | +15.7% |
| 2014 | 7.25 million BoP, current US$ | +27.6% |
| 2015 | 7.24 million BoP, current US$ | -0.2% |
| 2016 | 7.24 million BoP, current US$ | +0.0% |
| 2017 | 8.35 million BoP, current US$ | +15.3% |
| 2018 | 8.35 million BoP, current US$ | +0.0% |
| 2019 | 8.35 million BoP, current US$ | +0.0% |
| 2020 | 8.35 million BoP, current US$ | +0.0% |
| 2021 | 8.35 million BoP, current US$ | +0.0% |
| 2022 | 25.54 million BoP, current US$ | +205.9% |
| 2023 | 27.82 million BoP, current US$ | +8.9% |
| 2024 | 29.45 million BoP, current US$ | +5.9% |
Marshall Islands compared with similar countries
- Marshall Islands's 29.45 million BoP, current US$ is below the median for upper middle income countries, which is 849.93 million BoP, current US$, 3% of the median. (51 countries reporting)
- Marshall Islands's 29.45 million BoP, current US$ is below the median for East Asia & Pacific, which is 181.94 million BoP, current US$, 16% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Personal transfers, receipts in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +205.9% | 8.35 million BoP, current US$ | 25.54 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.94 million BoP, current US$ | 2.51 million BoP, current US$ | 3.51 million BoP, current US$ | 5 |
| 2010s | 6.41 million BoP, current US$ | 3.30 million BoP, current US$ | 8.35 million BoP, current US$ | 10 |
| 2020s | 19.90 million BoP, current US$ | 8.35 million BoP, current US$ | 29.45 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 148 Barbados 38.32 million BoP, current US$ compare
- 149 Dominica 36.68 million BoP, current US$ compare
- 150 Aruba 31.59 million BoP, current US$ compare
- 152 Norway 28.05 million BoP, current US$
- 153 Micronesia (country) 22.11 million BoP, current US$ compare
- 154 Saint Kitts and Nevis 21.37 million BoP, current US$ compare
More economy & growth data for Marshall Islands
- 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is personal transfers, receipts in Marshall Islands?
- Personal transfers, receipts in Marshall Islands was 29.45 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Marshall Islands?
- The highest recorded value was 29.45 million BoP, current US$ in 2024.
- What is the lowest personal transfers, receipts recorded in Marshall Islands?
- The lowest recorded value was 2.51 million BoP, current US$ in 2005.
- How does Marshall Islands rank for personal transfers, receipts?
- Marshall Islands ranks 151st out of 177 countries with data for 2024.
- Is personal transfers, receipts rising or falling in Marshall Islands?
- Over the last ten years it is up 306.2%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.