Remittances paid — all countries

Remittances paid — Cayman Islands

Remittances paid in the Cayman Islands in 2024 — 604,865,971 US$. Ranked 65 in the world out of 162. Since 2016, the indicator has risen by 62.9%.

2024 605M US$ +0.19% vs 2023
World rank 65of 162
Period maximum 605M US$2024
Period minimum 371M US$2016

Trend over time

2016–2024 · US$

Remittances paid — Cayman Islands, 2016–2024300M400M500M600M700M2016201720182019202020212022202320242016: 371,197,418 US$2017: 395,035,320 US$2018: 449,068,951 US$2019: 501,070,778 US$2020: 492,000,256 US$2021: 492,085,185 US$2022: 538,825,162 US$2023: 603,701,691 US$2024: 604,865,971 US$
Change over the period: +234M (+62.95%) Average annual rate: 6.29 %

Comparison, 2024

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

Cayman Islands 605M US$
World 619B US$
High-income countries computed 527B US$
Remittances paid — Cayman Islands, by year Cayman Islands All countries CSV XLSX
Year US$ Change Change, %
2024 605M +1.16M +0.19%
2023 604M +64.88M +12.04%
2022 539M +46.74M +9.5%
2021 492M +84,929 +0.02%
2020 492M −9.07M −1.81%
2019 501M +52M +11.58%
2018 449M +54.03M +13.68%
2017 395M +23.84M +6.42%
2016 371M

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.