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
Migration
Measuring the Socio-economic Integration of Migrants in Latin America and the Caribbean
Over the last decade, the migration landscape in Latin America and the Caribbean (LAC) has changed significantly. By 2022, the region had over 43 million Latin Americans and Caribbeans living outside their countries of origin, with almost a quarter of them residing in other LAC countries. Additionally, the region faces the largest-ever displacement crisis in the Americas. Of … [Read more...] about Measuring the Socio-economic Integration of Migrants in Latin America and the Caribbean
Challenges and opportunities of migration in the Caribbean
Migration has long been part of the fabric of Caribbean nations’ experience. But while Caribbean migration is often discussed in the context of out-migration to the United States, Canada, and European countries, movement to and within the Caribbean is an equally important part of this story. In recent decades, due in great part to climate change, natural disasters, and shifts … [Read more...] about Challenges and opportunities of migration in the Caribbean
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