January 24, 2025
Colombia | Remittances Matter, and They Matter a Lot for Latin America
Remittances sent by Latin Americans from abroad are becoming more significant, accounting for 2.3% of the GDP of Latin America and the Caribbean. In 2024, these flows reached $160.9 billion, increasing $7.7 billion compared to 2023. Remittances affect the well-being of their recipients and reflect migration dynamics.
- Types of files Downloads:
- Files