Japan vs Latin America & Caribbean: Personal remittances, paid
Personal remittances, paid over time
- Japan
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 9.59 billion current US$ against 7.17 billion current US$ in Japan, a difference of 2.42 billion current US$.
That makes Latin America & Caribbean's figure about 1.3 times Japan's.
The two have swapped places 4 times across 43 shared years of data; in 1977 it was Latin America & Caribbean ahead.
Japan ranks 24th and Latin America & Caribbean ranks 26th of 196 countries.
Across the 6 decades both report, Japan averaged higher in 1 and Latin America & Caribbean in 5.
Head to head by decade
| Decade | Japan | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 163.33 million current US$ | 668.24 million current US$ | 504.91 million current US$ | Latin America & Caribbean |
| 1980s | 280.00 million current US$ | 947.41 million current US$ | 667.41 million current US$ | Latin America & Caribbean |
| 1990s | 2.19 billion current US$ | 1.37 billion current US$ | 819.90 million current US$ | Japan |
| 2000s | 2.69 billion current US$ | 2.73 billion current US$ | 43.09 million current US$ | Latin America & Caribbean |
| 2010s | 4.74 billion current US$ | 8.56 billion current US$ | 3.82 billion current US$ | Latin America & Caribbean |
| 2020s | 6.35 billion current US$ | 11.10 billion current US$ | 4.75 billion current US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Japan or Latin America & Caribbean?
- Latin America & Caribbean, at 9.59 billion current US$ against 7.17 billion current US$ in Japan as of 2025.
- What is the difference in personal remittances, paid between Japan and Latin America & Caribbean?
- 2.42 billion current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Japan and Latin America & Caribbean?
- 43 years are reported by both, from 1977 to 2025.
- How do Japan and Latin America & Caribbean rank globally for personal remittances, paid?
- Japan ranks 24th and Latin America & Caribbean ranks 26th of 196 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.