Personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Personal remittances, received was 136.00 billion current US$ in 2025. ◆ Volatile
Personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries) is 136.00 billion current US$, measured in 2025.
The figure is down 17.9% on the previous year and up 94.6% over ten years.
Over the whole period, personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries) peaked at 165.56 billion current US$ in 2024 and was at its lowest, 55.50 million current US$, in 1970.
That places Latin America & the Caribbean (IDA & IBRD countries) 17th out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | 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$ | +18.0% |
| 1992 | 8.37 billion current US$ | +23.6% |
| 1993 | 8.78 billion current US$ | +4.9% |
| 1994 | 11.17 billion current US$ | +27.3% |
| 1995 | 12.86 billion current US$ | +15.1% |
| 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$ | +17.2% |
| 2005 | 49.11 billion current US$ | +15.2% |
| 2006 | 57.98 billion current US$ | +18.1% |
| 2007 | 62.82 billion current US$ | +8.3% |
| 2008 | 64.22 billion current US$ | +2.2% |
| 2009 | 56.35 billion current US$ | -12.2% |
| 2010 | 57.65 billion current US$ | +2.3% |
| 2011 | 61.20 billion current US$ | +6.1% |
| 2012 | 61.66 billion current US$ | +0.8% |
| 2013 | 62.91 billion current US$ | +2.0% |
| 2014 | 65.81 billion current US$ | +4.6% |
| 2015 | 69.89 billion current US$ | +6.2% |
| 2016 | 74.76 billion current US$ | +7.0% |
| 2017 | 82.53 billion current US$ | +10.4% |
| 2018 | 90.49 billion current US$ | +9.7% |
| 2019 | 97.90 billion current US$ | +8.2% |
| 2020 | 104.95 billion current US$ | +7.2% |
| 2021 | 132.47 billion current US$ | +26.2% |
| 2022 | 145.98 billion current US$ | +10.2% |
| 2023 | 156.67 billion current US$ | +7.3% |
| 2024 | 165.56 billion current US$ | +5.7% |
| 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 | 72.48 billion current US$ | 57.65 billion current US$ | 97.90 billion current US$ | 10 |
| 2020s | 140.27 billion current US$ | 104.95 billion current US$ | 165.56 billion current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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
- 20 Ukraine 12.00 billion current US$ compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Industry (including construction), value added 30.3% (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.38 % change on previous year (2025)
- Manufacturing, value added 900.25 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.598 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added 2.13 trillion current US$ (2025)
- Industry (including construction), value added 1.60 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 1.2% (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9233 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.26 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries)?
- Personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries) was 136.00 billion current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 165.56 billion current US$ in 2024.
- What is the lowest personal remittances, received recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 55.50 million current US$ in 1970.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for personal remittances, received?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 17th out of 47 groups with data for 2025.
- Is personal remittances, received rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 94.6%. 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, received (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.