Personal remittances, received in current prices

10,500,000,000 (US dollars) in 2023

In 2023, personal remittances, received for Dominican Republic was 10,500 million US dollars. Personal remittances, received of Dominican Republic increased from 26.8 million US dollars in 1974 to 10,500 million US dollars in 2023 growing at an average annual rate of 16.85%.

The description is composed by our digital data assistant.

Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

Date Value Change, %
2023 10,500,000,000 2.16%
2022 10,278,100,000 -4.33%
2021 10,742,800,000 28.94%
2020 8,331,600,000 12.28%
2019 7,420,600,000 8.84%
2018 6,817,700,000 10.36%
2017 6,177,800,000 12.15%
2016 5,508,400,000 6.01%
2015 5,196,200,000 8.02%
2014 4,810,400,000 7.24%
2013 4,485,500,000 5.24%
2012 4,262,100,000