Volume of remittances (in United States dollars) … total in South America
South America: Volume of remittances (in United States dollars) … total was 0.8% in 2024. ▬ Flat
Latest (2024)
0.8%
Change on year
up 10.4%
Rank
23rd
of 35 groups
All-time high
0.8%
in 2003
All-time low
0.3%
in 2012
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in South America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in South America is 0.8%, measured in 2024.
The figure is up 10.4% on the previous year and up 123.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in South America peaked at 0.8% in 2003 and was at its lowest, 0.3%, in 2012.
That places South America 23rd out of 35 groups with data for 2024, putting it in the middle of the range.
Volume of remittances (in United States dollars) … total in South America, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.4% | — |
| 2001 | 0.5% | +22.4% |
| 2002 | 0.7% | +45.9% |
| 2003 | 0.8% | +13.6% |
| 2004 | 0.8% | -7.2% |
| 2005 | 0.7% | -3.8% |
| 2006 | 0.7% | +0.3% |
| 2007 | 0.7% | -9.2% |
| 2008 | 0.6% | -14.0% |
| 2009 | 0.5% | -15.1% |
| 2010 | 0.4% | -21.1% |
| 2011 | 0.4% | -8.6% |
| 2012 | 0.3% | -3.6% |
| 2013 | 0.4% | +2.1% |
| 2014 | 0.3% | -1.6% |
| 2015 | 0.5% | +32.4% |
| 2016 | 0.5% | +5.7% |
| 2017 | 0.5% | -2.2% |
| 2018 | 0.5% | +14.4% |
| 2019 | 0.6% | +9.9% |
| 2020 | 0.7% | +19.3% |
| 2021 | 0.8% | +6.2% |
| 2022 | 0.7% | -4.4% |
| 2023 | 0.7% | -3.1% |
| 2024 | 0.8% | +10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | 0.4% | 0.8% | 10 |
| 2010s | 0.4% | 0.3% | 0.6% | 10 |
| 2020s | 0.7% | 0.7% | 0.8% | 5 |
Countries ranked near South America
- 20 Jamaica 16.2% compare
- 21 Uzbekistan 14.4% compare
- 22 Polynesia 12.4% compare
- 23 Cabo Verde 12.3% compare
- 24 Yemen 12.0% compare
- 25 Georgia 11.9% compare
- 26 Timor-Leste 11.8% compare
- 26 East Timor 11.8% compare
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 0.3155 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -1.17 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 2.44 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.12 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -0.3026 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 0.8744 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 0.8745 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.3025 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.35 % (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in South America?
- Volume of remittances (in united states dollars) as a proportion of in South America was 0.8% 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 South America?
- The highest recorded value was 0.8% in 2003.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in South America?
- The lowest recorded value was 0.3% in 2012.
- How does South America rank for volume of remittances (in united states dollars) as a proportion of?
- South America ranks 23rd out of 35 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in South America?
- Over the last ten years it is up 123.0%. The long-run trend across the full record is flat.
- Where does this South 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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