San Marino: Remittances

* indicates monthly or quarterly data series
 San Marino

Remittances, million USD

 Latest value 21.04
 Year 2022
 Measure million U.S. dollars
 Data availability 2005 - 2022
 Average 6.25
 Min - Max 0.00 - 21.04
 Source The World Bank
For that indicator, we provide data for San Marino from 2005 to 2022. The average value for San Marino during that period was 6.25 million U.S. dollars with a minimum of 0 million U.S. dollars in 2005 and a maximum of 21.04 million U.S. dollars in 2021. The latest value from 2022 is 21.04 million U.S. dollars. For comparison, the world average in 2022 based on 181 countries is 4215.66 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
San Marino - Remittances - Recent values chart

Historical chart
San Marino - Remittances - historical chart - 2005-2022




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 remittances comprise personal transfers and compensation of employees. 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.


 Related indicators Latest value Reference Measure
 Trade openness 342.47 2021 percent
 Financial openness 1.034 2021 index points
 Exports, percent of GDP 184.31 2021 percent
 Exports, billion dollars 3.42 2021 billion U.S. dollars
 Growth of exports 29.45 2021 percent
 Imports, percent of GDP 158.16 2021 percent
 Imports, billion dollars 2.93 2021 billion U.S. dollars
 Portfolio investment inflows, equities -1.33 2021 million dollars (current)
 Current account, percent of GDP 6.47 2021 percent
 Trade balance, percent of GDP 26.16 2021 percent
 Trade balance, in dollars 0.49 2021 billion U.S. dollars
 Reserves 0.72 2022 billion U.S. dollars
 Remittances, percent of GDP 1.13 2021 percent
 Remittances 21.04 2022 million U.S. dollars
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