Denmark vs Latin America & Caribbean (excluding high income): Personal remittances, paid
Personal remittances, paid over time
- Denmark
- Latin America & Caribbean (excluding high income)
How they compare
Latin America & Caribbean (excluding high income) currently reports 7.28 billion current US$ against 4.85 billion current US$ in Denmark, a difference of 2.43 billion current US$.
That makes Latin America & Caribbean (excluding high income)'s figure about 1.5 times Denmark's.
The two have swapped places 2 times across 33 shared years of data; in 1992 it was Latin America & Caribbean (excluding high income) ahead.
Denmark ranks 28th and Latin America & Caribbean (excluding high income) ranks 29th of 196 countries.
Latin America & Caribbean (excluding high income) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Denmark | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 303.55 million current US$ | 1.24 billion current US$ | 932.02 million current US$ | Latin America & Caribbean (excluding high income) |
| 2000s | 1.83 billion current US$ | 2.09 billion current US$ | 261.26 million current US$ | Latin America & Caribbean (excluding high income) |
| 2010s | 3.08 billion current US$ | 5.79 billion current US$ | 2.72 billion current US$ | Latin America & Caribbean (excluding high income) |
| 2020s | 4.05 billion current US$ | 8.04 billion current US$ | 3.99 billion current US$ | Latin America & Caribbean (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Denmark or Latin America & Caribbean (excluding high income)?
- Latin America & Caribbean (excluding high income), at 7.28 billion current US$ against 4.85 billion current US$ in Denmark as of 2025.
- What is the difference in personal remittances, paid between Denmark and Latin America & Caribbean (excluding high income)?
- 2.43 billion current US$, with Latin America & Caribbean (excluding high income) ahead.
- How many years of comparable data are there for Denmark and Latin America & Caribbean (excluding high income)?
- 33 years are reported by both, from 1992 to 2024.
- How do Denmark and Latin America & Caribbean (excluding high income) rank globally for personal remittances, paid?
- Denmark ranks 28th and Latin America & Caribbean (excluding high income) ranks 29th of 196 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.