Personal remittances, received in Latin America & Caribbean
Latin America & Caribbean: Personal remittances, received was 136.00 billion current US$ in 2025. ◆ Volatile
Personal remittances, received in Latin America & Caribbean, 1970–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, received in Latin America & Caribbean is 136.00 billion current US$, measured in 2025.
Compared with earlier readings it is down 17.9% on the previous year and up 93.9% over ten years.
Over the whole period, personal remittances, received in Latin America & Caribbean peaked at 165.63 billion current US$ in 2024 and was at its lowest, 55.50 million current US$, in 1970.
Latin America & Caribbean ranks 16th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Latin America & Caribbean, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 55.50 million current US$ | — |
| 1971 | 59.07 million current US$ | +6.4% |
| 1972 | 74.48 million current US$ | +26.1% |
| 1973 | 82.72 million current US$ | +11.1% |
| 1974 | 93.47 million current US$ | +13.0% |
| 1975 | 210.71 million current US$ | +125.4% |
| 1976 | 443.24 million current US$ | +110.4% |
| 1977 | 638.71 million current US$ | +44.1% |
| 1978 | 773.13 million current US$ | +21.0% |
| 1979 | 1.07 billion current US$ | +38.2% |
| 1980 | 1.93 billion current US$ | +80.4% |
| 1981 | 2.22 billion current US$ | +15.4% |
| 1982 | 2.07 billion current US$ | -6.7% |
| 1983 | 2.16 billion current US$ | +4.3% |
| 1984 | 2.42 billion current US$ | +11.8% |
| 1985 | 2.62 billion current US$ | +8.3% |
| 1986 | 3.11 billion current US$ | +18.7% |
| 1987 | 3.71 billion current US$ | +19.1% |
| 1988 | 4.12 billion current US$ | +11.1% |
| 1989 | 4.73 billion current US$ | +14.8% |
| 1990 | 5.74 billion current US$ | +21.4% |
| 1991 | 6.77 billion current US$ | +18.1% |
| 1992 | 8.37 billion current US$ | +23.6% |
| 1993 | 8.78 billion current US$ | +4.9% |
| 1994 | 11.18 billion current US$ | +27.3% |
| 1995 | 12.86 billion current US$ | +15.0% |
| 1996 | 12.88 billion current US$ | +0.1% |
| 1997 | 13.73 billion current US$ | +6.6% |
| 1998 | 15.47 billion current US$ | +12.7% |
| 1999 | 17.35 billion current US$ | +12.1% |
| 2000 | 19.85 billion current US$ | +14.4% |
| 2001 | 24.10 billion current US$ | +21.4% |
| 2002 | 27.74 billion current US$ | +15.1% |
| 2003 | 36.36 billion current US$ | +31.1% |
| 2004 | 42.63 billion current US$ | +17.3% |
| 2005 | 49.11 billion current US$ | +15.2% |
| 2006 | 57.98 billion current US$ | +18.1% |
| 2007 | 62.83 billion current US$ | +8.3% |
| 2008 | 64.22 billion current US$ | +2.2% |
| 2009 | 56.36 billion current US$ | -12.2% |
| 2010 | 57.66 billion current US$ | +2.3% |
| 2011 | 61.40 billion current US$ | +6.5% |
| 2012 | 61.86 billion current US$ | +0.7% |
| 2013 | 63.17 billion current US$ | +2.1% |
| 2014 | 66.08 billion current US$ | +4.6% |
| 2015 | 70.14 billion current US$ | +6.1% |
| 2016 | 75.05 billion current US$ | +7.0% |
| 2017 | 82.82 billion current US$ | +10.4% |
| 2018 | 90.76 billion current US$ | +9.6% |
| 2019 | 98.17 billion current US$ | +8.2% |
| 2020 | 105.21 billion current US$ | +7.2% |
| 2021 | 132.75 billion current US$ | +26.2% |
| 2022 | 146.29 billion current US$ | +10.2% |
| 2023 | 157.00 billion current US$ | +7.3% |
| 2024 | 165.63 billion current US$ | +5.5% |
| 2025 | 136.00 billion current US$ | -17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 349.93 million current US$ | 55.50 million current US$ | 1.07 billion current US$ | 10 |
| 1980s | 2.91 billion current US$ | 1.93 billion current US$ | 4.73 billion current US$ | 10 |
| 1990s | 11.31 billion current US$ | 5.74 billion current US$ | 17.35 billion current US$ | 10 |
| 2000s | 44.12 billion current US$ | 19.85 billion current US$ | 64.22 billion current US$ | 10 |
| 2010s | 72.71 billion current US$ | 57.66 billion current US$ | 98.17 billion current US$ | 10 |
| 2020s | 140.48 billion current US$ | 105.21 billion current US$ | 165.63 billion current US$ | 6 |
Countries ranked near Latin America & Caribbean
- 13 Indonesia 17.60 billion current US$ compare
- 14 Belgium 16.35 billion current US$ compare
- 15 Morocco 13.66 billion current US$ compare
- 16 Colombia 13.13 billion current US$ compare
- 17 Italy 12.84 billion current US$ compare
- 18 Dominican Republic 12.41 billion current US$ compare
- 19 Thailand 12.05 billion current US$ compare
More economy & growth data for Latin America & Caribbean
- Industry (including construction), value added 1.2% (2025)
- Agriculture, forestry, and fishing, value added 363.36 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Manufacturing, value added 1.26 trillion current US$ (2025)
- Trade in services 8.7% (2025)
- Manufacturing, value added 17.1% (2025)
- Industry (including construction), value added 2.24 trillion current US$ (2025)
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
- Services, value added 68.2% (2025)
- Services, value added 2.4% (2025)
Frequently asked questions
- What is personal remittances, received in Latin America & Caribbean?
- Personal remittances, received in Latin America & Caribbean was 136.00 billion current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Latin America & Caribbean?
- The highest recorded value was 165.63 billion current US$ in 2024.
- What is the lowest personal remittances, received recorded in Latin America & Caribbean?
- The lowest recorded value was 55.50 million current US$ in 1970.
- How does Latin America & Caribbean rank for personal remittances, received?
- Latin America & Caribbean ranks 16th out of 45 groups with data for 2025.
- Is personal remittances, received rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 93.9%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.