Remittances received in the Bahamas in 2024 — 65,929,000 US$. Ranked 142 in the world out of 160. Since 2020, the indicator has risen by 29.8%.
2020–2024 · US$
How the value compares with the world and the groups this territory belongs to: Bahamas
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 65.93M | +3.26M | +5.19% |
| 2023 | 62.67M | +4.79M | +8.27% |
| 2022 | 57.89M | +4.85M | +9.14% |
| 2021 | 53.04M | +2.23M | +4.4% |
| 2020 | 50.81M | — | — |
The same indicator for neighboring countries — with links to their pages
Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.
Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money leaves a country in remittances — mostly the earnings of incomers.
Migration Number of immigrantsHow many people born abroad live in the country at present.
Economy Gross national incomeThe income received by the residents of a country — including what is earned abroad, but without what foreigners earn inside it.
Finance Development aid receivedHow much official development assistance a country receives — in grants and concessional loans.
