Remittances received — all countries

Remittances received — Northern America

Remittances received in Northern America in 2023 — 11,282,511,659 US$. Since 2006, the indicator has risen by 53.8%.

2023 11.28B US$ +9.74% vs 2022
World rank
Period maximum 11.28B US$2023
Period minimum 7.34B US$2006

Trend over time

2006–2023 · US$

Remittances received — Northern America, 2006–20237B8B9B10B11B12B20062008201020122014201620182020202220232006: 7,336,181,997 US$2007: 7,846,617,834 US$2008: 8,054,192,064 US$2009: 8,282,511,677 US$2010: 8,390,573,551 US$2011: 8,506,636,419 US$2012: 8,748,376,017 US$2013: 9,174,425,004 US$2014: 9,189,987,399 US$2015: 9,297,646,940 US$2016: 9,065,268,190 US$2017: 9,121,140,785 US$2018: 9,683,323,618 US$2019: 9,908,011,767 US$2020: 9,222,933,366 US$2021: 9,580,110,826 US$2022: 10,281,350,535 US$2023: 11,282,511,659 US$
Change over the period: +3.95B (+53.79%) Average annual rate: 2.56 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Northern America

Northern America 11.28B US$
World 796B US$
Remittances received — Northern America, by year Northern America All countries CSV XLSX
Year US$ Change Change, %
2023 11.28B +1B +9.74%
2022 10.28B +701M +7.32%
2021 9.58B +357M +3.87%
2020 9.22B −685M −6.91%
2019 9.91B +225M +2.32%
2018 9.68B +562M +6.16%
2017 9.12B +55.87M +0.62%
2016 9.07B −232M −2.5%
2015 9.3B +108M +1.17%
2014 9.19B +15.56M +0.17%
2013 9.17B +426M +4.87%
2012 8.75B +242M +2.84%
2011 8.51B +116M +1.38%
2010 8.39B +108M +1.3%
2009 8.28B +228M +2.83%
2008 8.05B +208M +2.65%
2007 7.85B +510M +6.96%
2006 7.34B

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

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