Volume of remittances (in United States dollars) as a proportion of in Central America
Central America: Volume of remittances (in United States dollars) as a proportion of was 5.1% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Central America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Central America recorded 5.1% for volume of remittances (in united states dollars) as a proportion of in 2024.
The figure is up 0.2% on the previous year and up 93.8% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Central America peaked at 5.6% in 2022 and was at its lowest, 1.3%, in 2000.
That places Central America 6th out of 36 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Central America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.3% | — |
| 2001 | 1.6% | +20.3% |
| 2002 | 1.8% | +13.2% |
| 2003 | 2.7% | +47.6% |
| 2004 | 3.0% | +11.9% |
| 2005 | 3.1% | +4.8% |
| 2006 | 3.3% | +6.3% |
| 2007 | 3.3% | -2.5% |
| 2008 | 3.1% | -5.6% |
| 2009 | 3.2% | +3.6% |
| 2010 | 2.8% | -13.0% |
| 2011 | 2.6% | -4.9% |
| 2012 | 2.6% | -0.6% |
| 2013 | 2.5% | -4.0% |
| 2014 | 2.6% | +4.0% |
| 2015 | 3.0% | +15.2% |
| 2016 | 3.5% | +16.0% |
| 2017 | 3.7% | +4.8% |
| 2018 | 3.9% | +5.2% |
| 2019 | 4.1% | +5.6% |
| 2020 | 5.1% | +24.0% |
| 2021 | 5.5% | +9.2% |
| 2022 | 5.6% | +1.8% |
| 2023 | 5.1% | -9.8% |
| 2024 | 5.1% | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | 1.3% | 3.3% | 10 |
| 2010s | 3.1% | 2.5% | 4.1% | 10 |
| 2020s | 5.3% | 5.1% | 5.6% | 5 |
Countries ranked near Central America
More economy & growth data for Central America
- Gross Domestic Product, GDP in millions constant 2021 international $ 3.84 million (2027)
- Gross Domestic Product — Value US$ 2.24 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 12,233 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,068 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.66 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.99 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.98 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.84 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.8466 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.73 % (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Central America?
- Volume of remittances (in united states dollars) as a proportion of in Central America was 5.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Central America?
- The highest recorded value was 5.6% in 2022.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Central America?
- The lowest recorded value was 1.3% in 2000.
- How does Central America rank for volume of remittances (in united states dollars) as a proportion of?
- Central America ranks 6th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Central America?
- Over the last ten years it is up 93.8%. The long-run trend across the full record is rising.
- Where does this Central America data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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