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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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

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