Remittances received — all countries

Remittances received — Tuvalu

Remittances received in Tuvalu in 2023 — 2,592,766 US$. Ranked 171 in the world out of 173. Since 2001, the indicator has fallen by 39%.

2023 2.59M US$ +4.93% vs 2022
World rank 171of 173
Period maximum 6.54M US$2002
Period minimum 2.2M US$2020

Trend over time

2001–2023 · US$

Remittances received — Tuvalu, 2001–202302M4M6M8M200120042007201020132016201920222001: 4,250,754 US$2002: 6,542,336 US$2003: 5,077,522 US$2004: 4,861,511 US$2005: 4,932,020 US$2006: 3,663,470 US$2007: 5,604,763 US$2008: 5,963,466 US$2009: 4,827,113 US$2010: 3,919,901 US$2011: 4,582,719 US$2012: 3,835,898 US$2013: 3,671,693 US$2014: 3,243,647 US$2015: 2,634,245 US$2016: 2,546,855 US$2017: 2,742,201 US$2018: 2,670,025 US$2019: 2,405,072 US$2020: 2,200,935 US$2021: 2,949,715 US$2022: 2,471,060 US$2023: 2,592,766 US$
Change over the period: −1.66M (−39%) Average annual rate: -2.22 %

Comparison, 2023

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

Tuvalu 2.59M US$
World 796B US$
Upper-middle-income countries computed 210B US$
Remittances received — Tuvalu, by year Tuvalu All countries CSV XLSX
Year US$ Change Change, %
2023 2.59M +121,707 +4.93%
2022 2.47M −478,655 −16.23%
2021 2.95M +748,780 +34.02%
2020 2.2M −204,137 −8.49%
2019 2.41M −264,953 −9.92%
2018 2.67M −72,176 −2.63%
2017 2.74M +195,347 +7.67%
2016 2.55M −87,390 −3.32%
2015 2.63M −609,402 −18.79%
2014 3.24M −428,046 −11.66%
2013 3.67M −164,205 −4.28%
2012 3.84M −746,821 −16.3%
2011 4.58M +662,819 +16.91%
2010 3.92M −907,212 −18.79%
2009 4.83M −1.14M −19.06%
2008 5.96M +358,703 +6.4%
2007 5.6M +1.94M +52.99%
2006 3.66M −1.27M −25.72%
2005 4.93M +70,509 +1.45%
2004 4.86M −216,010 −4.25%
2003 5.08M −1.46M −22.39%
2002 6.54M +2.29M +53.91%
2001 4.25M

Polynesia, 2023

The same indicator for neighboring countries — with links to their pages

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.