Remittances received in Micronesia in 2014 — 23,338,700 US$. Ranked 167 in the world out of 181. Since 2009, the indicator has risen by 34.5%.
2009–2014 · US$
How the value compares with the world and the groups this territory belongs to: Micronesia
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2014 | 23.34M | +1.29M | +5.86% |
| 2013 | 22.05M | +1.24M | +5.98% |
| 2012 | 20.8M | +1.38M | +7.08% |
| 2011 | 19.43M | +1.36M | +7.53% |
| 2010 | 18.07M | +717,100 | +4.13% |
| 2009 | 17.35M | — | — |
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.
