Personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Personal remittances, received was 2.0% in 2025. ◆ Volatile
Personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries), 1979–2025
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries) is 2.0%, measured in 2025.
The figure is down 19.2% on the previous year and up 46.9% over ten years.
Over the whole period, personal remittances, received in Latin America & the Caribbean (IDA & IBRD countries) peaked at 2.6% in 2021 and was at its lowest, 0.2%, in 1979.
That places Latin America & the Caribbean (IDA & IBRD countries) 25th 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 | % of GDP | Change |
|---|---|---|
| 1979 | 0.2% | — |
| 1980 | 0.3% | +50.7% |
| 1981 | 0.3% | +0.8% |
| 1982 | 0.3% | +1.3% |
| 1983 | 0.4% | +16.6% |
| 1984 | 0.4% | +4.3% |
| 1985 | 0.4% | -0.4% |
| 1986 | 0.5% | +15.9% |
| 1987 | 0.5% | +13.3% |
| 1988 | 0.5% | -2.1% |
| 1989 | 0.5% | +3.8% |
| 1990 | 0.6% | +7.0% |
| 1991 | 0.6% | +12.6% |
| 1992 | 0.7% | +12.8% |
| 1993 | 0.6% | -12.2% |
| 1994 | 0.7% | +8.8% |
| 1995 | 0.7% | +7.1% |
| 1996 | 0.7% | -7.9% |
| 1997 | 0.7% | -2.7% |
| 1998 | 0.7% | +11.3% |
| 1999 | 0.9% | +25.3% |
| 2000 | 0.9% | -0.7% |
| 2001 | 1.1% | +23.1% |
| 2002 | 1.4% | +29.1% |
| 2003 | 1.9% | +28.8% |
| 2004 | 1.9% | +1.5% |
| 2005 | 1.9% | -0.8% |
| 2006 | 1.9% | +0.8% |
| 2007 | 1.7% | -8.7% |
| 2008 | 1.5% | -12.8% |
| 2009 | 1.3% | -10.0% |
| 2010 | 1.1% | -18.0% |
| 2011 | 1.0% | -6.9% |
| 2012 | 1.0% | -0.2% |
| 2013 | 1.0% | +1.2% |
| 2014 | 1.1% | +5.3% |
| 2015 | 1.4% | +25.8% |
| 2016 | 1.5% | +10.2% |
| 2017 | 1.5% | +1.2% |
| 2018 | 1.7% | +12.3% |
| 2019 | 1.9% | +10.0% |
| 2020 | 2.4% | +27.2% |
| 2021 | 2.6% | +8.3% |
| 2022 | 2.5% | -3.2% |
| 2023 | 2.4% | -4.6% |
| 2024 | 2.5% | +3.7% |
| 2025 | 2.0% | -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% | 1.9% | 10 |
| 2010s | 1.3% | 1.0% | 1.9% | 10 |
| 2020s | 2.4% | 2.0% | 2.6% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 22 Uzbekistan 14.3% compare
- 23 Yemen 12.0% compare
- 24 Cape Verde 11.7% compare
- 25 Egypt 11.4% compare
- 26 Georgia 11.2% compare
- 27 Bosnia and Herzegovina 10.7% compare
- 28 Senegal 10.6% compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (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 2.0% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 2.6% in 2021.
- What is the lowest personal remittances, received recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.2% in 1979.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for personal remittances, received?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 25th 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 46.9%. 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 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.