How much money do migrants from Latin America send home?

Remittances from around the world to Central and Latin America rose to over USD 65 billion last year. Mexico is the top destination for remittances – it received nearly USD 25 billion in 2015. Haiti and Honduras are the most dependent on money from abroad, which accounted for 24.4% and 18.1% of GDP in 2015, respectively.

focuseconomics_latinamerica_remittances.png

Embed

Click the button to embed & share

Click the infographic to open a full-sized version

Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the opinion of FocusEconomics S.L.U. Views, forecasts or estimates are as of the date of the publication and are subject to change without notice. This report may provide addresses of, or contain hyperlinks to, other internet websites. FocusEconomics S.L.U. takes no responsibility for the contents of third party internet websites.

Author: Marina Presas, Marketing and Public Relations Assistant

Date: September 14, 2016

Twitter @FocusEconomics

  • Our panelists expect the G7 and Latin America to be the hardest hit regions this year. In contrast, Asia ex-Japan i… https://t.co/kEo63s9jNY

    1 day ago

  • The #euro gained ground against the #USD over the past few weeks. On 24 July, the currency ended the day at USD 1.1… https://t.co/goRC0bYCcL

    2 days ago

  • The projections for gold price have continued to rise each month since the start of the #Covid19 crisis. See the l… https://t.co/OrFPRa77Ub

    1 week ago

  • China's industrial output grew 4.8% year-on-year in June, marking the strongest rise since December 2019. Download… https://t.co/5msVCfHNTu

    1 week ago

  • This month we examine the most likely path forward for the UK & EU with contributions from our panel of leading for… https://t.co/o4gZ7L9i76

    1 week ago

Blog archive

Search form