Palestine - Personal remittances, received in current prices

3,800,000,000 (US dollars) in 2023

In 2023, personal remittances, received for Palestine was 3,800 million US dollars. Personal remittances, received of Palestine increased from 398 million US dollars in 2004 to 3,800 million US dollars in 2023 growing at an average annual rate of 14.04%.

The description is composed by our digital data assistant.
What is personal remittances, received?

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.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

What is Palestine personal remittances, received?