Remittances received in Palau in 2023 — 2,218,000 US$. Ranked 172 in the world out of 173. Since 2005, the indicator has risen by 50.4%.
2005–2023 · US$
How the value compares with the world and the groups this territory belongs to: Palau
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2023 | 2.22M | +104,000 | +4.92% |
| 2022 | 2.11M | +232,000 | +12.33% |
| 2021 | 1.88M | −394,000 | −17.31% |
| 2020 | 2.28M | −88,000 | −3.72% |
| 2019 | 2.36M | +45,000 | +1.94% |
| 2018 | 2.32M | −50,000 | −2.11% |
| 2017 | 2.37M | +7,000 | +0.3% |
| 2016 | 2.36M | +88,266 | +3.88% |
| 2015 | 2.27M | +55,482 | +2.5% |
| 2014 | 2.22M | −141,682 | −6% |
| 2013 | 2.36M | −322 | −0.01% |
| 2012 | 2.36M | +392,983 | +19.98% |
| 2011 | 1.97M | +281,812 | +16.72% |
| 2010 | 1.69M | +94,935 | +5.97% |
| 2009 | 1.59M | −14,113 | −0.88% |
| 2008 | 1.6M | +75,143 | +4.91% |
| 2007 | 1.53M | −12,688 | −0.82% |
| 2006 | 1.54M | +67,206 | +4.56% |
| 2005 | 1.47M | — | — |
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.
