Remittances paid — all countries

Remittances paid — Bahamas

Remittances paid in the Bahamas in 2024 — 320,921,379 US$. Ranked 87 in the world out of 162. Since 1976, the indicator has risen by 1,111%.

2024 321M US$ +8.55% vs 2023
World rank 87of 162
Period maximum 321M US$2024
Period minimum 26.5M US$1976

Trend over time

1976–2024 · US$

Remittances paid — Bahamas, 1976–20240100M200M300M400M197619811986199119962001200620112016202120241976: 26,500,000 US$1977: 29,200,001 US$1978: 38,900,002 US$1979: 27,200,001 US$1980: 41,700,001 US$1981: 30,500,000 US$1982: 35,200,001 US$1983: 26,700,001 US$1984: 32,400,002 US$1985: 33,700,001 US$1986: 32,200,001 US$1987: 39,500,000 US$1988: 47,400,002 US$1989: 39,700,001 US$1990: 38,700,000 US$1991: 49,500,000 US$1992: 28,800,000 US$1993: 27,300,000 US$1994: 28,000,000 US$1995: 31,700,000 US$1996: 33,200,000 US$1997: 36,800,000 US$1998: 39,300,000 US$1999: 47,100,000 US$2000: 56,170,000 US$2001: 53,620,000 US$2002: 57,669,730 US$2003: 62,750,000 US$2004: 71,390,000 US$2005: 83,964,350 US$2006: 100,290,000 US$2007: 94,990,000 US$2008: 65,924,820 US$2009: 63,340,000 US$2010: 88,040,000 US$2011: 119,727,000 US$2012: 139,704,000 US$2013: 138,725,000 US$2014: 150,819,241 US$2015: 178,800,141 US$2016: 193,848,518 US$2017: 262,328,167 US$2018: 210,701,450 US$2019: 206,936,186 US$2020: 235,468,494 US$2021: 246,134,328 US$2022: 216,507,922 US$2023: 295,653,593 US$2024: 320,921,379 US$
Change over the period: +294M (+1,111.02%) Average annual rate: 5.33 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Bahamas

Bahamas 321M US$
World 619B US$
High-income countries computed 527B US$
Remittances paid — Bahamas, by year Bahamas All countries CSV XLSX
Year US$ Change Change, %
2024 321M +25.27M +8.55%
2023 296M +79.15M +36.56%
2022 217M −29.63M −12.04%
2021 246M +10.67M +4.53%
2020 235M +28.53M +13.79%
2019 207M −3.77M −1.79%
2018 211M −51.63M −19.68%
2017 262M +68.48M +35.33%
2016 194M +15.05M +8.42%
2015 179M +27.98M +18.55%
2014 151M +12.09M +8.72%
2013 139M −979,000 −0.7%
2012 140M +19.98M +16.69%
2011 120M +31.69M +35.99%
2010 88.04M +24.7M +39%
2009 63.34M −2.58M −3.92%
2008 65.92M −29.07M −30.6%
2007 94.99M −5.3M −5.28%
2006 100M +16.33M +19.44%
2005 83.96M +12.57M +17.61%
2004 71.39M +8.64M +13.77%
2003 62.75M +5.08M +8.81%
2002 57.67M +4.05M +7.55%
2001 53.62M −2.55M −4.54%
2000 56.17M +9.07M +19.26%
1999 47.1M +7.8M +19.85%
1998 39.3M +2.5M +6.79%
1997 36.8M +3.6M +10.84%
1996 33.2M +1.5M +4.73%
1995 31.7M +3.7M +13.21%
1994 28M +700,000 +2.56%
1993 27.3M −1.5M −5.21%
1992 28.8M −20.7M −41.82%
1991 49.5M +10.8M +27.91%
1990 38.7M −1M −2.52%
1989 39.7M −7.7M −16.24%
1988 47.4M +7.9M +20%
1987 39.5M +7.3M +22.67%
1986 32.2M −1.5M −4.45%
1985 33.7M +1.3M +4.01%
1984 32.4M +5.7M +21.35%
1983 26.7M −8.5M −24.15%
1982 35.2M +4.7M +15.41%
1981 30.5M −11.2M −26.86%
1980 41.7M +14.5M +53.31%
1979 27.2M −11.7M −30.08%
1978 38.9M +9.7M +33.22%
1977 29.2M +2.7M +10.19%
1976 26.5M

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.