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.
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Author: Marina Presas, Marketing and Public Relations Assistant
Date: September 14, 2016
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