Caribbean vs Central America: Volume of remittances (in United States dollars) as a proportion of
Caribbean
4.5%
in 2024
Central America
5.1%
in 2024
Caribbean rank
8th
Central America rank
6th
Volume of remittances (in United States dollars) as a proportion of over time
- Caribbean
- Central America
How they compare
Central America currently reports 5.1% against 4.5% in Caribbean, a difference of 0.6%.
That makes Central America's figure about 1.1 times Caribbean's.
The two have swapped places 1 time across 25 shared years of data; in 2000 it was Caribbean ahead.
Caribbean ranks 8th and Central America ranks 6th of 36 countries.
Across the 3 decades both report, Caribbean averaged higher in 2 and Central America in 1.
Head to head by decade
| Decade | Caribbean | Central America | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.9% | 2.6% | 2.2% | Caribbean |
| 2010s | 4.5% | 3.1% | 1.4% | Caribbean |
| 2020s | 4.4% | 5.3% | 0.8% | Central America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher volume of remittances (in united states dollars) as a proportion of, Caribbean or Central America?
- Central America, at 5.1% against 4.5% in Caribbean as of 2024.
- What is the difference in volume of remittances (in united states dollars) as a proportion of between Caribbean and Central America?
- 0.6%, with Central America ahead.
- How many years of comparable data are there for Caribbean and Central America?
- 25 years are reported by both, from 2000 to 2024.
- How do Caribbean and Central America rank globally for volume of remittances (in united states dollars) as a proportion of?
- Caribbean ranks 8th and Central America ranks 6th of 36 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.