Bahamas, The Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
Bahamas, The's remittances received was $70.0M in 2025, ranked 158th globally. This represents a 6.2% increase from 2024. Data from World Bank, covering 2020–2025.
Overview
Bahamas, The's remittances received stood at $70.0M in 2025, a rise of +$4.1M from 2024. Based on recent trends, this figure is projected to reach $70.0M by 2025. Bahamas, The ranked 158th globally.
Remittances received by the Bahamas rose from 50,805,711.00 in 2020 to 70,031,105.60 in 2025, marking a 38.0 percent increase over the six‑year coverage period and establishing the 2025 figure as the all‑time peak. This upward trajectory placed the Bahamas at rank 158 globally in 2025, still below peer Barbados, which recorded 85,175,892.50, but ahead of St. Lucia’s 63,678,076.48. The growth reflects sustained diaspora inflows and a post‑pandemic recovery in Caribbean labor markets, where higher wages abroad and improved transfer mechanisms have boosted the volume of funds sent home. Compared with Namibia’s 102,999,019.49 and the Republic of Congo’s 56,522,880.40, the Bahamas’ performance is moderate within the broader set of small‑state economies. If regional employment conditions remain favourable and digital remittance platforms expand further, the Bahamas is likely to continue edging upward, though any slowdown in migrant earnings or tighter fiscal policies could temper the trend.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $78.0M | - | - |
| 2026* trend | $74.0M | - | - |
| 2025* trend | $70.0M | - | - |
| 2025 | $70.0M | +$4.1M | #158 |
| 2024 | $65.9M | +$3.3M | #26 |
| 2023 | $62.7M | +$4.8M | #25 |
| 2022 | $57.9M | +$4.8M | #24 |
| 2021 | $53.0M | +$2.2M | #25 |
| 2020 | $50.8M | – | #27 |
Detected Pattern
Analysis
Bahamas, The matched the Fiscal Dominance Trap pattern in 1981. Historically, 72% of countries showing this pattern (278 out of 386) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
Bahamas, The's remittances received was $70.0M in 2025. Ranked 158th globally. This represents a 6.2% increase from the previous year.
Bahamas, The's remittances received peaked at $70.0M in 2025.
The lowest remittances received in Bahamas, The was $50.8M in 2020.
Bahamas, The ranks 158th globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
Bahamas, The's remittances received is projected to reach $70.0M by 2025 based on trend extrapolation.
Bahamas, The's remittances received was approximately 70.03 million ($70.0M) in 2025.
The remittances received of Bahamas, The in 2025 was $70.0M. This ranks 158th in the world.
Cite this page
@misc{historysaid_bahamas-the_remittances,
title = {Bahamas, The Remittances Received},
url = {https://historysaid.com/bahamas-the/remittances/},
publisher = {HistorySaid},
year = {2026}
}