In 2023, the remittances received by the countries of Latin America and the Caribbean reached 154,511 million dollars. This value is slightly lower (0.9%) than what we had predicted in our annual projection. The difference is largely due to lower-than-expected growth in the total wage bill of migrant workers in the United States during the final months of 2023. REMITTANCES … [Read more...] about Migrant wages and remittances to Latin America and the Caribbean in 2023
Remittances
Remittances in Latin America and the Caribbean: family bonds across borders
Remittances received in Latin American and the Caribbean during the first half of 2022 reached US$68 billion, continuing the growth trend that has been observed since the second half of 2020 and detailed in the publication “Remittances to Latin America and the Caribbean in 2021. Migrant Efforts During the COVID-19 Crisis”. In the first quarter, remittances grew to US$31.7 … [Read more...] about Remittances in Latin America and the Caribbean: family bonds across borders
Remittances to Latin America and the Caribbean in 2021: Migrant Efforts During the Covid-19 Crisis
The remittances received by the families of migrants in Latin America and the Caribbean constitute a major contribution to their subsistence and in many cases are a determining factor preventing families from falling below the poverty line. To deepen knowledge of remittances received in the countries of Latin America and the Caribbean, at the Interamerican Development Bank … [Read more...] about Remittances to Latin America and the Caribbean in 2021: Migrant Efforts During the Covid-19 Crisis