Remittance Outflows Statistics in Colombia (2026)
In 2024, personal remittances paid in Colombia stood at $406.8 million, according to World Bank World Development Indicators data. Down from $433.3 million in 2023 to $406.8 million in 2024. Colombia ranks #11 of 34 economies in Latin America & Caribbean on this measure, and #83 of 181 globally.
Key Statistics
- Latest value (2024)
- $406.8 million (2024)
- Remittance Outflows in Colombia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −6.1% (2024)
- Down from $433.3 million in 2023 to $406.8 million in 2024.
- CAGR 1990–2024
- +6.8% per year (2024)
- Compound annual growth rate from $44 million in 1990 to $406.8 million in 2024.
- Earliest value in this dataset (1990)
- $44 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $44 million in 1990 to $406.8 million in 2024.
- Peak value (2022)
- $449.5 million (2022)
- Highest value in the available series; the 2024 value is $406.8 million.
- Rank in Latin America & Caribbean
- #11 of 34 (2024)
- Colombia ranks 11 of 34 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #83 of 181 (2024)
- Colombia ranks 83 of 181 countries with data globally.
- Latin America & Caribbean average
- $372.8 million (2024)
- Colombia ($406.8 million) is above the average of $372.8 million across the 34 countries in Latin America & Caribbean with data.
- Projected 2026 value
- $447.4 million (2026)
- Projection based on 7-year trend (CAGR 4.9%); not an official figure.
- International migrant stock (% of population) (2024)
- 5.8% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Colombia (2024)
- 79.3% (2024)
- 79.3% of the population in Colombia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 52.9 million (2024)
- Colombia had a population of 52.9 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 406.8M | −6.1% |
| 2023 | 433.3M | −3.6% |
| 2022 | 449.5M | +16.5% |
| 2021 | 385.7M | +51.8% |
| 2020 | 254.1M | −27.0% |
| 2019 | 348.2M | +11.4% |
| 2018 | 312.7M | +7.2% |
| 2017 | 291.7M | +12.8% |
| 2016 | 258.6M | −22.5% |
| 2015 | 333.7M | −16.4% |
| 2014 | 399.1M | +43.6% |
| 2013 | 278M | +12.9% |
| 2012 | 246.2M | +10.4% |
| 2011 | 223M | +47.3% |
| 2010 | 151.3M | +21.6% |
| 2009 | 124.5M | +41.0% |
| 2008 | 88.3M | −7.1% |
| 2007 | 95.1M | +45.1% |
| 2006 | 65.5M | +16.7% |
| 2005 | 56.2M | +11.1% |
| 2004 | 50.5M | −22.2% |
| 2003 | 65M | −58.8% |
| 2002 | 157.5M | −22.9% |
| 2001 | 204.5M | −6.7% |
| 2000 | 219.1M | −11.2% |
| 1999 | 246.7M | +63.0% |
| 1998 | 151.3M | +35.1% |
| 1997 | 112M | −20.1% |
| 1996 | 140.2M | −6.4% |
| 1995 | 149.9M | +2.9% |
| 1994 | 145.7M | +71.6% |
| 1993 | 84.9M | +7.2% |
| 1992 | 79.2M | −24.6% |
| 1991 | 105M | +138.6% |
| 1990 | 44M | — |
Frequently asked questions
What is the latest figure for personal remittances paid in Colombia?
Personal remittances paid in Colombia stood at $406.8 million in 2024, according to World Bank World Development Indicators data.
How does Colombia compare with other countries in Latin America & Caribbean?
Colombia ranks 11 of 34 countries in Latin America & Caribbean with data, with $406.8 million versus a regional average of $372.8 million (latest values per country).
Where does Colombia rank globally on remittance outflows?
Colombia ranks 83 of 181 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
What could remittance outflows in Colombia look like in 2026?
A trend-based projection puts it at $447.4 million in 2026. Projection based on 7-year trend (CAGR 4.9%); not an official figure.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BM.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 .