Personal remittances, paid in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Personal remittances, paid was 7.28 billion current US$ in 2025. ◆ Volatile
Personal remittances, paid in Latin America & Caribbean (excluding high income), 1970–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Latin America & Caribbean (excluding high income) is 7.28 billion current US$, measured in 2025.
The figure is down 18.7% on the previous year and up 41.4% over ten years.
Over the whole period, personal remittances, paid in Latin America & Caribbean (excluding high income) peaked at 8.95 billion current US$ in 2024 and was at its lowest, 98.44 million current US$, in 1971.
Latin America & Caribbean (excluding high income) ranks 29th of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 100.00 million current US$ | — |
| 1971 | 98.44 million current US$ | -1.6% |
| 1972 | 108.48 million current US$ | +10.2% |
| 1973 | 128.25 million current US$ | +18.2% |
| 1974 | 160.83 million current US$ | +25.4% |
| 1975 | 308.38 million current US$ | +91.7% |
| 1976 | 410.67 million current US$ | +33.2% |
| 1977 | 515.08 million current US$ | +25.4% |
| 1978 | 696.36 million current US$ | +35.2% |
| 1979 | 651.10 million current US$ | -6.5% |
| 1980 | 859.51 million current US$ | +32.0% |
| 1981 | 835.98 million current US$ | -2.7% |
| 1982 | 1.08 billion current US$ | +29.8% |
| 1983 | 475.13 million current US$ | -56.2% |
| 1984 | 561.34 million current US$ | +18.1% |
| 1985 | 618.61 million current US$ | +10.2% |
| 1986 | 583.28 million current US$ | -5.7% |
| 1987 | 584.59 million current US$ | +0.2% |
| 1988 | 644.07 million current US$ | +10.2% |
| 1989 | 827.84 million current US$ | +28.5% |
| 1990 | 985.13 million current US$ | +19.0% |
| 1991 | 1.07 billion current US$ | +8.8% |
| 1992 | 1.25 billion current US$ | +16.7% |
| 1993 | 1.33 billion current US$ | +6.3% |
| 1994 | 1.35 billion current US$ | +1.5% |
| 1995 | 1.01 billion current US$ | -25.1% |
| 1996 | 1.20 billion current US$ | +19.1% |
| 1997 | 1.15 billion current US$ | -4.8% |
| 1998 | 1.29 billion current US$ | +12.6% |
| 1999 | 1.30 billion current US$ | +1.1% |
| 2000 | 1.76 billion current US$ | +34.8% |
| 2001 | 1.75 billion current US$ | -0.6% |
| 2002 | 1.60 billion current US$ | -8.4% |
| 2003 | 1.47 billion current US$ | -8.0% |
| 2004 | 1.58 billion current US$ | +7.6% |
| 2005 | 1.69 billion current US$ | +6.8% |
| 2006 | 1.98 billion current US$ | +16.8% |
| 2007 | 2.62 billion current US$ | +32.5% |
| 2008 | 3.34 billion current US$ | +27.4% |
| 2009 | 3.10 billion current US$ | -7.1% |
| 2010 | 4.51 billion current US$ | +45.5% |
| 2011 | 4.94 billion current US$ | +9.4% |
| 2012 | 4.94 billion current US$ | +0.1% |
| 2013 | 5.88 billion current US$ | +19.1% |
| 2014 | 5.38 billion current US$ | -8.6% |
| 2015 | 5.15 billion current US$ | -4.3% |
| 2016 | 5.21 billion current US$ | +1.2% |
| 2017 | 7.01 billion current US$ | +34.7% |
| 2018 | 7.38 billion current US$ | +5.3% |
| 2019 | 7.54 billion current US$ | +2.1% |
| 2020 | 6.41 billion current US$ | -15.0% |
| 2021 | 7.52 billion current US$ | +17.4% |
| 2022 | 8.47 billion current US$ | +12.7% |
| 2023 | 8.84 billion current US$ | +4.3% |
| 2024 | 8.95 billion current US$ | +1.3% |
| 2025 | 7.28 billion current US$ | -18.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 317.76 million current US$ | 98.44 million current US$ | 696.36 million current US$ | 10 |
| 1980s | 707.51 million current US$ | 475.13 million current US$ | 1.08 billion current US$ | 10 |
| 1990s | 1.19 billion current US$ | 985.13 million current US$ | 1.35 billion current US$ | 10 |
| 2000s | 2.09 billion current US$ | 1.47 billion current US$ | 3.34 billion current US$ | 10 |
| 2010s | 5.79 billion current US$ | 4.51 billion current US$ | 7.54 billion current US$ | 10 |
| 2020s | 7.91 billion current US$ | 6.41 billion current US$ | 8.95 billion current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 26 Czechia 5.96 billion current US$ compare
- 27 Poland 5.60 billion current US$ compare
- 28 Denmark 4.85 billion current US$ compare
- 29 Libya 4.82 billion current US$ compare
- 30 Sweden 4.20 billion current US$ compare
- 31 Greece 3.17 billion current US$ compare
- 32 Kazakhstan 2.73 billion current US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.17 % change on previous year (2025)
- Exports of goods and services (current US$), per capita 2,557 current US$ per person (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2456 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 6.05 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 8,746 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8404 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.44 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 10,589 current US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 3.83 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is personal remittances, paid in Latin America & Caribbean (excluding high income)?
- Personal remittances, paid in Latin America & Caribbean (excluding high income) was 7.28 billion current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 8.95 billion current US$ in 2024.
- What is the lowest personal remittances, paid recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 98.44 million current US$ in 1971.
- How does Latin America & Caribbean (excluding high income) rank for personal remittances, paid?
- Latin America & Caribbean (excluding high income) ranks 29th out of 47 groups with data for 2025.
- Is personal remittances, paid rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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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.