Remittances received in the Turks and Caicos Islands in 2018 — 7,481,920 US$. Ranked 171 in the world out of 177. Since 2014, the indicator has risen by 4.4%.
2014–2018 · US$
How the value compares with the world and the groups this territory belongs to: Turks and Caicos Islands
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2018 | 7.48M | −235,177 | −3.05% |
| 2017 | 7.72M | +250,097 | +3.35% |
| 2016 | 7.47M | +1.41M | +23.36% |
| 2015 | 6.05M | −1.11M | −15.53% |
| 2014 | 7.17M | — | — |
The same indicator for neighboring countries — with links to their pages
Dominican Republic
6.82B
Haiti
2.74B
Jamaica
2.5B
Curaçao
155M
Trinidad and Tobago
139M
Sint Maarten
50.96M
Grenada
47.99M
Saint Vincent and the Grenadines
46.34M
Saint Lucia
42.92M
Dominica
42.14M
Aruba
36.92M
Antigua and Barbuda
32.77M
Saint Kitts and Nevis
25.94M
Cayman Islands
14.26M
Turks and Caicos Islands
7.48M
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.