Remittances in Bahamas

Bahamas: Remittances was 0.4164 in 2024. ▼ Falling

Latest (2024)
0.4164
Change on year
up 1.5%
World rank
150th
of 194 countries
All-time high
0.4903
in 2020
All-time low
0.4104
in 2023
Years of data
5
2020–2024

Remittances in Bahamas, 2020–2024

00.10.20.30.40.52020202220242020: 0.492021: 0.4412022: 0.4172023: 0.412024: 0.416

Source: Our World in Data.

Analysis

In 2024, remittances in Bahamas stood at 0.4164.

Compared with earlier readings it is up 1.5% on the previous year and down 15.1% over five years.

That places Bahamas 150th out of 194 countries with data for 2024, putting it in the bottom quarter.

Remittances in Bahamas, year by year

Annual values for Remittances in Bahamas, 2020 to 2024.
Year Value Change
2020 0.4903 —
2021 0.4406 -10.1%
2022 0.4166 -5.5%
2023 0.4104 -1.5%
2024 0.4164 +1.5%

Bahamas compared with similar countries

  • Bahamas's 0.4164 is below the median for high income countries, which is 0.7013, 59% of the median. (69 countries reporting)
  • Bahamas's 0.4164 is below the median for Latin America & Caribbean, which is 2.87, 15% of the median. (37 countries reporting)

Countries ranked near Bahamas

  1. 147 Seychelles 0.536 compare
  2. 148 Italy 0.5031 compare
  3. 149 Germany 0.4732 compare
  4. 151 Netherlands 0.3888 compare
  5. 152 Malaysia 0.3802 compare
  6. 153 South Korea 0.3776 compare

See the full ranking of 194 places →

More reference data data for Bahamas

All data for Bahamas →

Frequently asked questions

What is remittances in Bahamas?
Remittances in Bahamas was 0.4164 in 2024, according to Our World in Data.
What is the highest remittances recorded in Bahamas?
The highest recorded value was 0.4903 in 2020.
What is the lowest remittances recorded in Bahamas?
The lowest recorded value was 0.4104 in 2023.
How does Bahamas rank for remittances?
Bahamas ranks 150th out of 194 countries with data for 2024.
Where does this Bahamas data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Bahamas. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/bahamas-the/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed