Remittance Inflows Statistics in Colombia (2026)
Colombia recorded personal remittances received of $11.9 billion in 2024, World Bank World Development Indicators data show. Up from $10.1 billion in 2023 to $11.9 billion in 2024. Colombia ranks #3 of 34 economies in Latin America & Caribbean on this measure, and #17 of 179 globally.
Key Statistics
- Latest value (2024)
- $11.9 billion (2024)
- Remittance Inflows in Colombia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +17.4% (2024)
- Up from $10.1 billion in 2023 to $11.9 billion in 2024.
- CAGR 1990–2024
- +9.8% per year (2024)
- Compound annual growth rate from $495 million in 1990 to $11.9 billion in 2024.
- Earliest value in this dataset (1990)
- $495 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $495 million in 1990 to $11.9 billion in 2024.
- Record high (2024)
- $11.9 billion (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Colombia.
- Rank in Latin America & Caribbean
- #3 of 34 (2024)
- Colombia ranks 3 of 34 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #17 of 179 (2024)
- Colombia ranks 17 of 179 countries with data globally.
- Latin America & Caribbean average
- $4.9 billion (2024)
- Colombia ($11.9 billion) is above the average of $4.9 billion across the 34 countries in Latin America & Caribbean with data.
- Projected 2026 value
- $14.6 billion (2026)
- Projection based on 7-year trend (CAGR 10.7%); not an official figure.
- Personal remittances, received (% of GDP) (2024)
- 2.8% (2024)
- Related indicator from World Bank World Development Indicators.
- International migrant stock (% of population) (2024)
- 5.8% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Colombia (2024)
- 79.3% (2024)
- 79.3% of the population in Colombia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 52.9 million (2024)
- Colombia had a population of 52.9 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 11.9B | +17.4% |
| 2023 | 10.1B | +6.9% |
| 2022 | 9.5B | +9.8% |
| 2021 | 8.6B | +24.3% |
| 2020 | 6.9B | −2.7% |
| 2019 | 7.1B | +6.6% |
| 2018 | 6.7B | +14.7% |
| 2017 | 5.8B | +12.1% |
| 2016 | 5.2B | +3.8% |
| 2015 | 5B | +20.1% |
| 2014 | 4.2B | −6.4% |
| 2013 | 4.4B | +10.7% |
| 2012 | 4B | −2.0% |
| 2011 | 4.1B | +1.7% |
| 2010 | 4B | −2.3% |
| 2009 | 4.1B | −14.5% |
| 2008 | 4.8B | +8.2% |
| 2007 | 4.5B | +14.4% |
| 2006 | 3.9B | +16.5% |
| 2005 | 3.3B | +4.9% |
| 2004 | 3.2B | +3.7% |
| 2003 | 3.1B | +24.0% |
| 2002 | 2.5B | +20.6% |
| 2001 | 2.1B | +27.7% |
| 2000 | 1.6B | +22.7% |
| 1999 | 1.3B | +62.8% |
| 1998 | 805.9M | +4.2% |
| 1997 | 773.5M | +2.7% |
| 1996 | 753M | −7.6% |
| 1995 | 815.1M | −15.8% |
| 1994 | 968.4M | +107.0% |
| 1993 | 467.7M | −27.0% |
| 1992 | 640.5M | −27.3% |
| 1991 | 881M | +78.0% |
| 1990 | 495M | — |
Frequently asked questions
What is the latest figure for personal remittances received in Colombia?
Personal remittances received in Colombia stood at $11.9 billion in 2024, according to World Bank World Development Indicators data.
Where does Colombia rank globally on remittance inflows?
Colombia ranks 17 of 179 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
What could remittance inflows in Colombia look like in 2026?
A trend-based projection puts it at $14.6 billion in 2026. Projection based on 7-year trend (CAGR 10.7%); not an official figure.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.TRF.PWKR.CD.DT, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .