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.
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
TagsUK CIS Countries USA Australia Agricultural Commodities GDP Eastern Europe Investment Base Metals Draghi election Economic Crisis Lagarde precious metals Company News Bitcoin Economic Growth (GDP) Russia Canadian Economy TPP Exports Africa Colombia Sub-Saharan Africa Commodities G7 Forex Portugal MENA Costa Rica; GDP; Budget TPS Resource Curse Emerging Markets Consensus Forecast Canada Base Metals Commodities Iran Spain OPEC United Kingdom public debt Gold Oil Mexico Precious Metals Commodities Asian Financial Crisis Greece Infographic Economists Political Risk United States Germany Economic Debt India Vietnam Palladium Brazil Cryptocurrency Venezuela Japan Ukraine IMF Israel Argentina chile Trade Unemployment rate European Union Cannabis Healthcare Major Economies Latin America Banking Sector Asean oil prices Italy Nigeria Nordic Economies Energy Commodities Eurozone Turkey economic growth Asia scotiabank South Africa France Tunisia Exchange Rate Euro Area Budget deficit interview Brexit Central America Inflation Copper China Housing Market
Following two global crises in quick succession, public debt-to-GDP ratios in many countries are now at multi-decad… https://t.co/WYmjrbycxF
5 hours ago
Base metals posted the weakest increase in prices since April 2020 in June, following China's announcement that it… https://t.co/NW1R30219S
1 day ago
After years of chronic downturn, the Venezuelan economy appears set to shrink at a significantly softer rate this y… https://t.co/3rUhH4VTqO
3 days ago
Unemployment in Central America and the Caribbean soared last year as Covid-19 restrictions bit hard and vital tour… https://t.co/sTX41IBUG1
5 days ago
The Colombian peso weakened notably against the U.S. dollar in early July, weighed on by social unrest and ongoing… https://t.co/PnDn2BKr54
6 days ago