Personal remittances, received in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Personal remittances, received was 2.2% in 2025. ◆ Volatile
Personal remittances, received in Latin America & Caribbean (excluding high income), 1979–2025
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Latin America & Caribbean (excluding high income) recorded 2.2% for personal remittances, received in 2025.
Compared with earlier readings it is down 19.2% on the previous year and up 50.6% over ten years.
Over the whole period, personal remittances, received in Latin America & Caribbean (excluding high income) peaked at 2.9% in 2021 and was at its lowest, 0.2%, in 1979.
Latin America & Caribbean (excluding high income) ranks 22nd 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, received in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 0.2% | — |
| 1980 | 0.3% | +66.9% |
| 1981 | 0.3% | +1.2% |
| 1982 | 0.3% | +0.7% |
| 1983 | 0.4% | +21.8% |
| 1984 | 0.4% | +4.3% |
| 1985 | 0.4% | -1.7% |
| 1986 | 0.5% | +15.8% |
| 1987 | 0.5% | +13.7% |
| 1988 | 0.5% | -2.1% |
| 1989 | 0.5% | +4.1% |
| 1990 | 0.6% | +7.3% |
| 1991 | 0.6% | +9.9% |
| 1992 | 0.7% | +13.4% |
| 1993 | 0.6% | -12.8% |
| 1994 | 0.7% | +9.1% |
| 1995 | 0.7% | +6.5% |
| 1996 | 0.7% | -8.1% |
| 1997 | 0.6% | -2.5% |
| 1998 | 0.7% | +11.5% |
| 1999 | 0.9% | +25.9% |
| 2000 | 0.9% | +3.3% |
| 2001 | 1.2% | +23.9% |
| 2002 | 1.5% | +29.3% |
| 2003 | 1.9% | +29.4% |
| 2004 | 2.0% | +2.1% |
| 2005 | 1.9% | -5.3% |
| 2006 | 1.9% | +0.6% |
| 2007 | 1.7% | -9.0% |
| 2008 | 1.5% | -12.6% |
| 2009 | 1.4% | -6.2% |
| 2010 | 1.2% | -18.3% |
| 2011 | 1.1% | -6.8% |
| 2012 | 1.1% | +0.2% |
| 2013 | 1.1% | +1.8% |
| 2014 | 1.1% | +4.8% |
| 2015 | 1.5% | +28.2% |
| 2016 | 1.6% | +11.1% |
| 2017 | 1.7% | +1.5% |
| 2018 | 1.9% | +13.4% |
| 2019 | 2.1% | +9.9% |
| 2020 | 2.7% | +28.5% |
| 2021 | 2.9% | +8.7% |
| 2022 | 2.8% | -4.0% |
| 2023 | 2.6% | -4.7% |
| 2024 | 2.7% | +3.8% |
| 2025 | 2.2% | -19.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.2% | 0.2% | 1 |
| 1980s | 0.4% | 0.3% | 0.5% | 10 |
| 1990s | 0.7% | 0.6% | 0.9% | 10 |
| 2000s | 1.6% | 0.9% | 2.0% | 10 |
| 2010s | 1.4% | 1.1% | 2.1% | 10 |
| 2020s | 2.7% | 2.2% | 2.9% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is personal remittances, received in Latin America & Caribbean (excluding high income)?
- Personal remittances, received in Latin America & Caribbean (excluding high income) was 2.2% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 2.9% in 2021.
- What is the lowest personal remittances, received recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.2% in 1979.
- How does Latin America & Caribbean (excluding high income) rank for personal remittances, received?
- Latin America & Caribbean (excluding high income) ranks 22nd out of 47 groups with data for 2025.
- Is personal remittances, received rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 50.6%. 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 Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 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.