Denmark vs Latin America & the Caribbean (IDA & IBRD countries): Personal remittances, paid
Personal remittances, paid over time
- Denmark
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 9.59 billion current US$ against 4.85 billion current US$ in Denmark, a difference of 4.74 billion current US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 2.0 times Denmark's.
Across all 33 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Denmark ranks 28th and Latin America & the Caribbean (IDA & IBRD countries) ranks 26th of 196 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Denmark | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 303.55 million current US$ | 1.36 billion current US$ | 1.05 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 1.83 billion current US$ | 2.60 billion current US$ | 773.35 million current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 3.08 billion current US$ | 7.86 billion current US$ | 4.78 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 4.05 billion current US$ | 10.32 billion current US$ | 6.27 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Denmark or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 9.59 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 & the Caribbean (IDA & IBRD countries)?
- 4.74 billion current US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Denmark and Latin America & the Caribbean (IDA & IBRD countries)?
- 33 years are reported by both, from 1992 to 2024.
- How do Denmark and Latin America & the Caribbean (IDA & IBRD countries) rank globally for personal remittances, paid?
- Denmark ranks 28th and Latin America & the Caribbean (IDA & IBRD countries) ranks 26th of 196 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.