Volume of remittances (in United States dollars) … total in Bahamas
Bahamas: Volume of remittances (in United States dollars) … total was 0.4% in 2024. ▼ Falling
Latest (2024)
0.4%
Change on year
up 1.5%
World rank
161st
of 205 countries
All-time high
0.5%
in 2020
All-time low
0.4%
in 2023
Years of data
5
2020–2024
Volume of remittances (in United States dollars) as a proportion of in Bahamas, 2020–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Bahamas stood at 0.4%.
The figure is up 1.5% on the previous year and down 15.1% over five years.
That places Bahamas 161st out of 205 countries with data for 2024, putting it in the bottom quarter.
Volume of remittances (in United States dollars) … total in Bahamas, year by year
| Year | % | Change |
|---|---|---|
| 2020 | 0.5% | — |
| 2021 | 0.4% | -10.1% |
| 2022 | 0.4% | -5.5% |
| 2023 | 0.4% | -1.5% |
| 2024 | 0.4% | +1.5% |
Bahamas compared with similar countries
- Bahamas's 0.4% is below the median for high income countries, which is 0.7%, 57% of the median. (66 countries reporting)
- Bahamas's 0.4% is below the median for Latin America & Caribbean, which is 2.8%, 15% of the median. (35 countries reporting)
Countries ranked near Bahamas
- 158 Iran (Islamic Republic of) 0.5%
- 159 Italy 0.5% compare
- 160 Germany 0.5% compare
- 162 Netherlands (Kingdom of the) 0.4% compare
- 163 Republic of Korea 0.4% compare
- 163 South Korea 0.4% 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 volume of remittances (in united states dollars) as a proportion of in Bahamas?
- Volume of remittances (in united states dollars) as a proportion of in Bahamas was 0.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Bahamas?
- The highest recorded value was 0.5% in 2020.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Bahamas?
- The lowest recorded value was 0.4% in 2023.
- How does Bahamas rank for volume of remittances (in united states dollars) as a proportion of?
- Bahamas ranks 161st out of 205 countries with data for 2024.
- Where does this Bahamas data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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