El Salvador vs Latin America and the Caribbean: Volume of remittances (in United States dollars) as a proportion of
El Salvador
24.0%
in 2024
Latin America and the Caribbean
3.3%
in 2024
El Salvador rank
9th
Latin America and the Caribbean rank
12th
Volume of remittances (in United States dollars) as a proportion of over time
- El Salvador
- Latin America and the Caribbean
How they compare
El Salvador currently reports 24.0% against 3.3% in Latin America and the Caribbean, a difference of 20.7%.
That makes El Salvador's figure about 7.2 times Latin America and the Caribbean's.
Across all 25 years both countries report, El Salvador has been ahead every year.
El Salvador ranks 9th and Latin America and the Caribbean ranks 12th of 203 countries.
El Salvador has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | El Salvador | Latin America and the Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.5% | 2.5% | 16.0% | El Salvador |
| 2010s | 19.0% | 2.5% | 16.6% | El Salvador |
| 2020s | 24.6% | 3.3% | 21.3% | El Salvador |
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, El Salvador or Latin America and the Caribbean?
- El Salvador, at 24.0% against 3.3% in Latin America and the Caribbean as of 2024.
- What is the difference in volume of remittances (in united states dollars) as a proportion of between El Salvador and Latin America and the Caribbean?
- 20.7%, with El Salvador ahead.
- How many years of comparable data are there for El Salvador and Latin America and the Caribbean?
- 25 years are reported by both, from 2000 to 2024.
- How do El Salvador and Latin America and the Caribbean rank globally for volume of remittances (in united states dollars) as a proportion of?
- El Salvador ranks 9th and Latin America and the Caribbean ranks 12th of 203 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.