Remittances received — all countries

Remittances received — Sint Maarten

Remittances received in Sint Maarten in 2023 — 48,022,545 US$. Ranked 155 in the world out of 173. Since 2011, the indicator has fallen by 11.2%.

2023 48.02M US$ −0.98% vs 2022
World rank 155of 173
Period maximum 72.55M US$2013
Period minimum 38.69M US$2020

Trend over time

2011–2023 · US$

Remittances received — Sint Maarten, 2011–202330M40M50M60M70M80M20112013201520172019202120232011: 54,083,799 US$2012: 55,664,804 US$2013: 72,547,486 US$2014: 62,167,598 US$2015: 55,117,318 US$2016: 60,899,441 US$2017: 55,055,866 US$2018: 50,958,979 US$2019: 48,596,099 US$2020: 38,686,245 US$2021: 46,482,044 US$2022: 48,496,154 US$2023: 48,022,545 US$
Change over the period: −6.06M (−11.21%) Average annual rate: -0.99 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Sint Maarten

Sint Maarten 48.02M US$
World 796B US$
High-income countries computed 194B US$
Remittances received — Sint Maarten, by year Sint Maarten All countries CSV XLSX
Year US$ Change Change, %
2023 48.02M −473,609 −0.98%
2022 48.5M +2.01M +4.33%
2021 46.48M +7.8M +20.15%
2020 38.69M −9.91M −20.39%
2019 48.6M −2.36M −4.64%
2018 50.96M −4.1M −7.44%
2017 55.06M −5.84M −9.6%
2016 60.9M +5.78M +10.49%
2015 55.12M −7.05M −11.34%
2014 62.17M −10.38M −14.31%
2013 72.55M +16.88M +30.33%
2012 55.66M +1.58M +2.92%
2011 54.08M

About the indicator

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.