Remittances paid — all countries

Remittances paid — Latin America & Caribbean

Remittances paid in Latin America & Caribbean in 2025 — 9,587,588,103 US$. Since 1970, the indicator has risen by 9,435.1%.

2025 9.59B US$ −21.11% vs 2024
World rank
Period maximum 12.4B US$2023
Period minimum 98.79M US$1971

Trend over time

1970–2025 · US$

Remittances paid — Latin America & Caribbean, 1970–202505B10B15B19701976198219881994200020062012201820241970: 100,550,000 US$1971: 98,793,193 US$1972: 108,896,317 US$1973: 129,062,211 US$1974: 161,270,004 US$1975: 320,526,611 US$1976: 445,313,525 US$1977: 556,300,360 US$1978: 750,618,331 US$1979: 697,808,337 US$1980: 1,042,322,566 US$1981: 1,046,308,863 US$1982: 1,297,076,653 US$1983: 629,693,889 US$1984: 721,647,596 US$1985: 752,277,545 US$1986: 698,051,645 US$1987: 716,891,481 US$1988: 781,050,284 US$1989: 964,537,910 US$1990: 1,073,742,863 US$1991: 1,180,838,643 US$1992: 1,338,991,887 US$1993: 1,430,904,789 US$1994: 1,457,134,462 US$1995: 1,150,296,897 US$1996: 1,371,643,258 US$1997: 1,339,272,274 US$1998: 1,513,878,410 US$1999: 1,586,237,735 US$2000: 2,092,839,318 US$2001: 2,091,364,936 US$2002: 1,994,880,681 US$2003: 1,918,024,465 US$2004: 2,082,421,848 US$2005: 2,282,716,941 US$2006: 2,770,848,194 US$2007: 3,536,887,638 US$2008: 4,316,514,876 US$2009: 4,216,811,478 US$2010: 5,787,316,615 US$2011: 6,753,421,907 US$2012: 7,071,111,390 US$2013: 8,267,273,332 US$2014: 8,084,826,133 US$2015: 8,007,827,364 US$2016: 8,548,985,305 US$2017: 10,682,413,103 US$2018: 11,132,662,291 US$2019: 11,255,989,985 US$2020: 9,622,020,165 US$2021: 10,885,841,767 US$2022: 11,921,128,277 US$2023: 12,404,586,913 US$2024: 12,153,186,868 US$2025: 9,587,588,103 US$
Change over the period: +9.49B (+9,435.14%) Average annual rate: 8.64 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 9.59B US$
World 526B US$
Remittances paid — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year US$ Change Change, %
2025 9.59B −2.57B −21.11%
2024 12.15B −251M −2.03%
2023 12.4B +483M +4.06%
2022 11.92B +1.04B +9.51%
2021 10.89B +1.26B +13.13%
2020 9.62B −1.63B −14.52%
2019 11.26B +123M +1.11%
2018 11.13B +450M +4.21%
2017 10.68B +2.13B +24.96%
2016 8.55B +541M +6.76%
2015 8.01B −77M −0.95%
2014 8.08B −182M −2.21%
2013 8.27B +1.2B +16.92%
2012 7.07B +318M +4.7%
2011 6.75B +966M +16.69%
2010 5.79B +1.57B +37.24%
2009 4.22B −99.7M −2.31%
2008 4.32B +780M +22.04%
2007 3.54B +766M +27.65%
2006 2.77B +488M +21.38%
2005 2.28B +200M +9.62%
2004 2.08B +164M +8.57%
2003 1.92B −76.86M −3.85%
2002 1.99B −96.48M −4.61%
2001 2.09B −1.47M −0.07%
2000 2.09B +507M +31.94%
1999 1.59B +72.36M +4.78%
1998 1.51B +175M +13.04%
1997 1.34B −32.37M −2.36%
1996 1.37B +221M +19.24%
1995 1.15B −307M −21.06%
1994 1.46B +26.23M +1.83%
1993 1.43B +91.91M +6.86%
1992 1.34B +158M +13.39%
1991 1.18B +107M +9.97%
1990 1.07B +109M +11.32%
1989 965M +183M +23.49%
1988 781M +64.16M +8.95%
1987 717M +18.84M +2.7%
1986 698M −54.23M −7.21%
1985 752M +30.63M +4.24%
1984 722M +91.95M +14.6%
1983 630M −667M −51.45%
1982 1.3B +251M +23.97%
1981 1.05B +3.99M +0.38%
1980 1.04B +345M +49.37%
1979 698M −52.81M −7.04%
1978 751M +194M +34.93%
1977 556M +111M +24.92%
1976 445M +125M +38.93%
1975 321M +159M +98.75%
1974 161M +32.21M +24.96%
1973 129M +20.17M +18.52%
1972 109M +10.1M +10.23%
1971 98.79M −1.76M −1.75%
1970 101M

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.