Macao: Remittances

* indicates monthly or quarterly data series

Remittances, million USD

 Latest value 73.9
 Year 2021
 Measure million U.S. dollars
 Data availability 2002 - 2021
 Average 48.84
 Min - Max 27.59 - 73.9
 Source The World Bank
For that indicator, we provide data for Macao from 2002 to 2021. The average value for Macao during that period was 48.84 million U.S. dollars with a minimum of 27.59 million U.S. dollars in 2016 and a maximum of 73.9 million U.S. dollars in 2021. The latest value from 2021 is 73.9 million U.S. dollars. For comparison, the world average in 2021 based on 137 countries is 3632.84 million U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Macao - Remittances - recent values

Historical chart
Macao - Remittances - historical chart - 2002-2021

Remittances are the money sent home by people who work in a foreign country. These are, for example, the money sent to Mexico by Mexican workers in the U.S.
Definition: 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. Data are in current U.S. dollars.

 Related indicators Latest value Reference Measure
 Terms of trade 92.16 2021 percent
 Trade openness 194.63 2022 percent
 Exports, percent of GDP 86.55 2022 percent
 Exports, billion dollars 20.98 2022 billion U.S. dollars
 Growth of exports -25.29 2022 percent
 Imports, percent of GDP 96.54 2022 percent
 Imports, billion dollars 21.79 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 16.64 2022 percent
 Foreign Direct Investment, billion dollars 4.00 2022 billion U.S. dollars
 Portfolio investment inflows, equities 5.56 2021 million dollars (current)
 Current account, percent of GDP 5.84 2021 percent
 Current account, in dollars 1.34 2022 billion U.S. dollars
 Trade balance, percent of GDP -3.37 2022 percent
 Trade balance, in dollars -2.19 2022 billion U.S. dollars
 Reserves 25.97 2022 billion U.S. dollars
 Remittances, percent of GDP 0.07 2022 percent
 Remittances 73.90 2021 million U.S. dollars
 Net errors and omissions -2,806.15 2022 million USD
 Foreign exchange reserves 220.12 9/2023 billion
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