Cayman Islands Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
Cayman Islands's remittances received was $11.5M in 2025, ranked 179th globally. This represents a 12.7% increase from 2024. Data from World Bank, covering 2016–2025.
Overview
Cayman Islands's remittances received stood at $11.5M in 2025, a rise of +$1.3M from 2024. Based on recent trends, this figure is projected to reach $11.5M by 2025. Cayman Islands ranked 179th globally.
The Cayman Islands' remittances received have fluctuated significantly over the past decade, with the all-time peak of 15,584,663.38 USD in 2017 followed by a sharp decline to 9,008,669.82 USD in 2020, likely due to the economic disruptions caused by the COVID-19 pandemic. Although the country has since recovered, remittances received have not regained their pre-pandemic levels, with the latest value standing at 11,515,552.00 USD in 2025, ranking 179 globally. For comparison, Papua New Guinea, a peer country, received 11,540,585.00 USD in remittances in 2025. The Cayman Islands' remittance receipts remain closely tied to the global economy, with fluctuations in international trade and migration patterns influencing the flow of funds. A sustained recovery in global economic activity and a strengthening of international labor markets could potentially lead to an increase in remittances received by the Cayman Islands in the coming years, provided that the country's economy remains resilient to external shocks.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $12.1M | - | - |
| 2026* trend | $11.8M | - | - |
| 2025* trend | $11.5M | - | - |
| 2025 | $11.5M | +$1.3M | #179 |
| 2024 | $10.2M | −$625,632 | #5 |
| 2023 | $10.8M | −$1.9M | #5 |
| 2022 | $12.8M | +$2.5M | #7 |
| 2021 | $10.2M | +$1.2M | #7 |
| 2020 | $9.0M | −$5.1M | #8 |
| 2019 | $14.1M | −$107,685 | #8 |
| 2018 | $14.3M | −$1.3M | #8 |
| 2017 | $15.6M | +$2.1M | #8 |
| 2016 | $13.5M | – | #11 |
Analysis
Cayman Islands's remittances received was $11.5M in 2025, a rise of +$1.3M from 2024. Based on trends, estimated $11.5M by 2025.
Frequently Asked Questions
Cayman Islands's remittances received was $11.5M in 2025. Ranked 179th globally. This represents a 12.7% increase from the previous year.
Cayman Islands's remittances received peaked at $15.6M in 2017.
The lowest remittances received in Cayman Islands was $9.0M in 2020.
Cayman Islands ranks 179th globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
Cayman Islands's remittances received is projected to reach $11.5M by 2025 based on trend extrapolation.
Cayman Islands's remittances received was approximately 11.52 million ($11.5M) in 2025.
The remittances received of Cayman Islands in 2025 was $11.5M. This ranks 179th in the world.
Cite this page
@misc{historysaid_cayman-islands_remittances,
title = {Cayman Islands Remittances Received},
url = {https://historysaid.com/cayman-islands/remittances/},
publisher = {HistorySaid},
year = {2026}
}