Personal remittances, paid in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Personal remittances, paid was 9.59 billion current US$ in 2025. ◆ Volatile
Personal remittances, paid in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2025, personal remittances, paid in Latin America & the Caribbean (IDA & IBRD countries) stood at 9.59 billion current US$.
Compared with earlier readings it is down 14.6% on the previous year and up 29.5% over ten years.
Over the whole period, personal remittances, paid in Latin America & the Caribbean (IDA & IBRD countries) peaked at 11.23 billion current US$ in 2024 and was at its lowest, 98.79 million current US$, in 1971.
That places Latin America & the Caribbean (IDA & IBRD countries) 26th out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 100.55 million current US$ | — |
| 1971 | 98.79 million current US$ | -1.7% |
| 1972 | 108.90 million current US$ | +10.2% |
| 1973 | 129.06 million current US$ | +18.5% |
| 1974 | 161.27 million current US$ | +25.0% |
| 1975 | 320.53 million current US$ | +98.8% |
| 1976 | 418.81 million current US$ | +30.7% |
| 1977 | 527.10 million current US$ | +25.9% |
| 1978 | 711.72 million current US$ | +35.0% |
| 1979 | 670.61 million current US$ | -5.8% |
| 1980 | 1.00 billion current US$ | +49.2% |
| 1981 | 1.02 billion current US$ | +1.5% |
| 1982 | 1.26 billion current US$ | +24.2% |
| 1983 | 602.99 million current US$ | -52.2% |
| 1984 | 689.25 million current US$ | +14.3% |
| 1985 | 718.58 million current US$ | +4.3% |
| 1986 | 665.85 million current US$ | -7.3% |
| 1987 | 677.39 million current US$ | +1.7% |
| 1988 | 733.65 million current US$ | +8.3% |
| 1989 | 924.84 million current US$ | +26.1% |
| 1990 | 1.04 billion current US$ | +11.9% |
| 1991 | 1.11 billion current US$ | +7.7% |
| 1992 | 1.31 billion current US$ | +17.1% |
| 1993 | 1.40 billion current US$ | +7.2% |
| 1994 | 1.43 billion current US$ | +1.9% |
| 1995 | 1.11 billion current US$ | -21.9% |
| 1996 | 1.33 billion current US$ | +19.5% |
| 1997 | 1.29 billion current US$ | -2.9% |
| 1998 | 1.46 billion current US$ | +13.2% |
| 1999 | 1.51 billion current US$ | +3.3% |
| 2000 | 1.99 billion current US$ | +31.8% |
| 2001 | 2.00 billion current US$ | +0.3% |
| 2002 | 1.89 billion current US$ | -5.4% |
| 2003 | 1.81 billion current US$ | -4.4% |
| 2004 | 1.96 billion current US$ | +8.5% |
| 2005 | 2.14 billion current US$ | +8.9% |
| 2006 | 2.60 billion current US$ | +21.6% |
| 2007 | 3.37 billion current US$ | +29.6% |
| 2008 | 4.17 billion current US$ | +23.9% |
| 2009 | 4.08 billion current US$ | -2.3% |
| 2010 | 5.63 billion current US$ | +38.1% |
| 2011 | 6.33 billion current US$ | +12.4% |
| 2012 | 6.62 billion current US$ | +4.6% |
| 2013 | 7.81 billion current US$ | +17.9% |
| 2014 | 7.52 billion current US$ | -3.7% |
| 2015 | 7.40 billion current US$ | -1.5% |
| 2016 | 7.55 billion current US$ | +1.9% |
| 2017 | 9.56 billion current US$ | +26.7% |
| 2018 | 10.00 billion current US$ | +4.6% |
| 2019 | 10.20 billion current US$ | +2.1% |
| 2020 | 8.59 billion current US$ | -15.8% |
| 2021 | 9.83 billion current US$ | +14.4% |
| 2022 | 10.82 billion current US$ | +10.1% |
| 2023 | 11.14 billion current US$ | +3.0% |
| 2024 | 11.23 billion current US$ | +0.8% |
| 2025 | 9.59 billion current US$ | -14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 324.73 million current US$ | 98.79 million current US$ | 711.72 million current US$ | 10 |
| 1980s | 829.09 million current US$ | 602.99 million current US$ | 1.26 billion current US$ | 10 |
| 1990s | 1.30 billion current US$ | 1.04 billion current US$ | 1.51 billion current US$ | 10 |
| 2000s | 2.60 billion current US$ | 1.81 billion current US$ | 4.17 billion current US$ | 10 |
| 2010s | 7.86 billion current US$ | 5.63 billion current US$ | 10.20 billion current US$ | 10 |
| 2020s | 10.20 billion current US$ | 8.59 billion current US$ | 11.23 billion current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 23 Russian Federation 8.86 billion current US$ compare
- 24 Japan 7.17 billion current US$ compare
- 25 Norway 6.29 billion current US$ compare
- 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Exports of goods and services (current US$), per unit of GDP 0.2611 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 6.39 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 9,153 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8457 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.55 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 10,922 current US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 4.04 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,444 constant 2015 US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9687 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is personal remittances, paid in Latin America & the Caribbean (IDA & IBRD countries)?
- Personal remittances, paid in Latin America & the Caribbean (IDA & IBRD countries) was 9.59 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 11.23 billion current US$ in 2024.
- What is the lowest personal remittances, paid recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 98.79 million current US$ in 1971.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for personal remittances, paid?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 26th out of 47 groups with data for 2025.
- Is personal remittances, paid rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 29.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.