Remittance Inflows Statistics in Ecuador (2026)
In 2024, personal remittances received in Ecuador stood at $6.5 billion, according to World Bank World Development Indicators data. Up from $5.5 billion in 2023 to $6.5 billion in 2024. Ecuador ranks #7 of 34 economies in Latin America & Caribbean on this measure, and #33 of 179 globally.
Key Statistics
- Latest value (2024)
- $6.5 billion (2024)
- Remittance Inflows in Ecuador as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +20% (2024)
- Up from $5.5 billion in 2023 to $6.5 billion in 2024.
- CAGR 1990–2024
- +15.3% per year (2024)
- Compound annual growth rate from $51 million in 1990 to $6.5 billion in 2024.
- Earliest value in this dataset (1990)
- $51 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $51 million in 1990 to $6.5 billion in 2024.
- Record high (2024)
- $6.5 billion (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Ecuador.
- Rank in Latin America & Caribbean
- #7 of 34 (2024)
- Ecuador ranks 7 of 34 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #33 of 179 (2024)
- Ecuador ranks 33 of 179 countries with data globally.
- Latin America & Caribbean average
- $4.9 billion (2024)
- Ecuador ($6.5 billion) is above the average of $4.9 billion across the 34 countries in Latin America & Caribbean with data.
- Projected 2026 value
- $8.3 billion (2026)
- Projection based on 7-year trend (CAGR 12.6%); not an official figure.
- Personal remittances, received (% of GDP) (2024)
- 5.2% (2024)
- Related indicator from World Bank World Development Indicators.
- International migrant stock (% of population) (2024)
- 4.1% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Ecuador (2024)
- 77.2% (2024)
- 77.2% of the population in Ecuador used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 18.1 million (2024)
- Ecuador had a population of 18.1 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 6.5B | +20.0% |
| 2023 | 5.5B | +14.8% |
| 2022 | 4.7B | +8.7% |
| 2021 | 4.4B | +30.6% |
| 2020 | 3.3B | +3.1% |
| 2019 | 3.2B | +6.7% |
| 2018 | 3B | +6.7% |
| 2017 | 2.8B | +9.1% |
| 2016 | 2.6B | +9.4% |
| 2015 | 2.4B | −3.4% |
| 2014 | 2.5B | +0.6% |
| 2013 | 2.5B | −0.7% |
| 2012 | 2.5B | −7.6% |
| 2011 | 2.7B | +3.1% |
| 2010 | 2.6B | −5.2% |
| 2009 | 2.7B | −11.2% |
| 2008 | 3.1B | −7.6% |
| 2007 | 3.3B | +13.9% |
| 2006 | 2.9B | +19.3% |
| 2005 | 2.5B | +33.8% |
| 2004 | 1.8B | +12.5% |
| 2003 | 1.6B | +13.6% |
| 2002 | 1.4B | +1.2% |
| 2001 | 1.4B | +7.4% |
| 2000 | 1.3B | +21.4% |
| 1999 | 1.1B | +36.4% |
| 1998 | 798.7M | +23.3% |
| 1997 | 647.7M | +32.5% |
| 1996 | 489M | +26.6% |
| 1995 | 386.1M | +39.8% |
| 1994 | 276.2M | +36.1% |
| 1993 | 202.9M | +170.6% |
| 1992 | 75M | +33.9% |
| 1991 | 56M | +9.8% |
| 1990 | 51M | — |
Frequently asked questions
What is the latest figure for personal remittances received in Ecuador?
Personal remittances received in Ecuador stood at $6.5 billion in 2024, according to World Bank World Development Indicators data.
What could remittance inflows in Ecuador look like in 2026?
A trend-based projection puts it at $8.3 billion in 2026. Projection based on 7-year trend (CAGR 12.6%); not an official figure.
How recent is the remittance inflows data for Ecuador?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Ecuador.
Where does the remittance inflows data for Ecuador come from?
The data comes from the World Bank World Development Indicators (indicator BX.TRF.PWKR.CD.DT). The latest observation for Ecuador is from 2024; the snapshot was retrieved on 2026-06-10.
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 .