Remittances paid — all countries

Remittances paid — Marshall Islands

Remittances paid in the Marshall Islands in 2024 — 15,885,159 US$. Ranked 150 in the world out of 162. Since 2005, the indicator has risen by 357.7%.

2024 15.89M US$ +11.18% vs 2023
World rank 150of 162
Period maximum 23.82M US$2014
Period minimum 3.47M US$2005

Trend over time

2005–2024 · US$

Remittances paid — Marshall Islands, 2005–2024010M20M30M200520072009201120132015201720192021202320242005: 3,470,887 US$2006: 3,616,436 US$2007: 3,843,305 US$2008: 4,070,088 US$2009: 4,432,601 US$2010: 7,881,811 US$2011: 9,237,557 US$2012: 23,120,296 US$2013: 23,658,445 US$2014: 23,818,966 US$2015: 18,452,182 US$2016: 19,452,182 US$2017: 22,766,242 US$2018: 23,766,242 US$2019: 16,047,953 US$2020: 17,684,290 US$2021: 13,546,081 US$2022: 13,124,918 US$2023: 14,288,305 US$2024: 15,885,159 US$
Change over the period: +12.41M (+357.67%) Average annual rate: 8.33 %

Comparison, 2024

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

Marshall Islands 15.89M US$
World 619B US$
East Asia & Pacific 87.64B US$
Upper-middle-income countries computed 65.49B US$
Remittances paid — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year US$ Change Change, %
2024 15.89M +1.6M +11.18%
2023 14.29M +1.16M +8.86%
2022 13.12M −421,163 −3.11%
2021 13.55M −4.14M −23.4%
2020 17.68M +1.64M +10.2%
2019 16.05M −7.72M −32.48%
2018 23.77M +1M +4.39%
2017 22.77M +3.31M +17.04%
2016 19.45M +1M +5.42%
2015 18.45M −5.37M −22.53%
2014 23.82M +160,521 +0.68%
2013 23.66M +538,149 +2.33%
2012 23.12M +13.88M +150.29%
2011 9.24M +1.36M +17.2%
2010 7.88M +3.45M +77.81%
2009 4.43M +362,514 +8.91%
2008 4.07M +226,783 +5.9%
2007 3.84M +226,869 +6.27%
2006 3.62M +145,549 +4.19%
2005 3.47M

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

NR Nauru 26.18M MH Marshall Islands 15.89M KI Kiribati 1.06M

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.