Personal transfers, receipts in Latin America & Caribbean
Latin America & Caribbean: Personal transfers, receipts was 160.73 billion BoP, current US$ in 2024. ◆ Volatile
Personal transfers, receipts in Latin America & Caribbean, 1998–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for personal transfers, receipts in Latin America & Caribbean is 160.73 billion BoP, current US$, measured in 2024. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 5.6% on the previous year and up 154.0% over ten years.
Over the whole period, personal transfers, receipts in Latin America & Caribbean peaked at 160.73 billion BoP, current US$ in 2024 and was at its lowest, 13.99 billion BoP, current US$, in 1998.
That places Latin America & Caribbean 12th out of 41 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts in Latin America & Caribbean, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1998 | 13.99 billion BoP, current US$ | — |
| 1999 | 15.89 billion BoP, current US$ | +13.6% |
| 2000 | 18.18 billion BoP, current US$ | +14.4% |
| 2001 | 22.05 billion BoP, current US$ | +21.2% |
| 2002 | 25.64 billion BoP, current US$ | +16.3% |
| 2003 | 33.93 billion BoP, current US$ | +32.3% |
| 2004 | 40.12 billion BoP, current US$ | +18.2% |
| 2005 | 47.01 billion BoP, current US$ | +17.2% |
| 2006 | 55.84 billion BoP, current US$ | +18.8% |
| 2007 | 60.65 billion BoP, current US$ | +8.6% |
| 2008 | 61.69 billion BoP, current US$ | +1.7% |
| 2009 | 54.01 billion BoP, current US$ | -12.5% |
| 2010 | 55.55 billion BoP, current US$ | +2.9% |
| 2011 | 59.16 billion BoP, current US$ | +6.5% |
| 2012 | 59.50 billion BoP, current US$ | +0.6% |
| 2013 | 60.66 billion BoP, current US$ | +2.0% |
| 2014 | 63.28 billion BoP, current US$ | +4.3% |
| 2015 | 67.15 billion BoP, current US$ | +6.1% |
| 2016 | 71.99 billion BoP, current US$ | +7.2% |
| 2017 | 79.38 billion BoP, current US$ | +10.3% |
| 2018 | 87.20 billion BoP, current US$ | +9.9% |
| 2019 | 94.13 billion BoP, current US$ | +7.9% |
| 2020 | 101.90 billion BoP, current US$ | +8.2% |
| 2021 | 128.86 billion BoP, current US$ | +26.5% |
| 2022 | 142.13 billion BoP, current US$ | +10.3% |
| 2023 | 152.23 billion BoP, current US$ | +7.1% |
| 2024 | 160.73 billion BoP, current US$ | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.94 billion BoP, current US$ | 13.99 billion BoP, current US$ | 15.89 billion BoP, current US$ | 2 |
| 2000s | 41.91 billion BoP, current US$ | 18.18 billion BoP, current US$ | 61.69 billion BoP, current US$ | 10 |
| 2010s | 69.80 billion BoP, current US$ | 55.55 billion BoP, current US$ | 94.13 billion BoP, current US$ | 10 |
| 2020s | 137.17 billion BoP, current US$ | 101.90 billion BoP, current US$ | 160.73 billion BoP, current US$ | 5 |
Countries ranked near Latin America & Caribbean
- 9 Indonesia 17.25 billion BoP, current US$ compare
- 10 Uzbekistan 15.02 billion BoP, current US$ compare
- 11 Morocco 13.66 billion BoP, current US$ compare
- 12 Colombia 13.10 billion BoP, current US$ compare
- 13 Honduras 11.90 billion BoP, current US$ compare
- 14 Dominican Republic 11.87 billion BoP, current US$ compare
- 15 Nepal 11.07 billion BoP, current US$ compare
More economy & growth data for Latin America & Caribbean
- Inflation, GDP deflator 3.4% (2025)
- Industry (including construction), value added 2.24 trillion current US$ (2025)
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 1.2% (2025)
- Trade in services 8.7% (2025)
- Services, value added 5.04 trillion current US$ (2025)
- Services, value added 4.37 trillion constant 2015 US$ (2025)
- Services, value added 2.4% (2025)
- Services, value added 68.2% (2025)
- GDP per capita 11,095 current US$ (2025)
Frequently asked questions
- What is personal transfers, receipts in Latin America & Caribbean?
- Personal transfers, receipts in Latin America & Caribbean was 160.73 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Latin America & Caribbean?
- The highest recorded value was 160.73 billion BoP, current US$ in 2024.
- What is the lowest personal transfers, receipts recorded in Latin America & Caribbean?
- The lowest recorded value was 13.99 billion BoP, current US$ in 1998.
- How does Latin America & Caribbean rank for personal transfers, receipts?
- Latin America & Caribbean ranks 12th out of 41 groups with data for 2024.
- Is personal transfers, receipts rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 154.0%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.