The U.S. was Colombia's main country of origin for remittances in 2021 but not its main destination, according to a country ranking on the flow of such money transfers. Remittances refer to cross-border payments to family or friends and are often associated with migrant workers sending money back home to friends or relatives back in their communities of origin. It is estimated that about *** in ***** people worldwide are involved with remittances - substantially impacting payment behavior in, especially, Asia and Latin America. For Colombia, the top five recipient countries for remittances in 2021 included Spain, Ecuador, the United States, France, and Mexico. Colombia's **** main sources for remittances were - by a large margin - the United States and Venezuela, followed by Spain, Ecuador, and Chile.

Remittances in Colombia decreased to 3130.62 USD Million in the first quarter of 2025 from 3167.99 USD Million in the fourth quarter of 2024. This dataset provides - Colombia Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the personal remittances received in Colombia increased by more than 650 million U.S. dollars (+6.9 percent) since 2022. While the growth is slowing down, with 10.11 billion U.S. dollars, the personal remittances received are at their peak in the observed period. Personal remittances comprise personal transfers and compensation for employees. Personal transfers include all current transfers between resident and nonresident individuals, while the compensation of employees refers to the income of employees who are employed in an economy where they are not resident, as well as of resident employees employed by nonresident entities.

Remittance inflows to GDP (%) in Colombia was reported at 2.5635 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Remittance inflows to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Account used to receive remittances (% age 15+) in Colombia was reported at 8.614 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Account used to receive remittances (% age 15+) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Colombia CO: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 2.782 % in 2023. This records an increase from the previous number of 2.738 % for 2022. Colombia CO: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 1.175 % from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 3.250 % in 2003 and a record low of 0.176 % in 1975. Colombia CO: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Personal remittances, received (% of GDP) in Colombia was reported at 2.8368 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Workers' remittances and compensation of employees, received (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Colombia CO: BOP: Current Account: Personal Remittances: Paid data was reported at 433.333 USD mn in 2023. This records a decrease from the previous number of 449.510 USD mn for 2022. Colombia CO: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 91.674 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 449.510 USD mn in 2022 and a record low of 13.000 USD mn in 1970. Colombia CO: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Colombia CO: BOP: Current Account: Personal Remittances: Received data was reported at 10.112 USD bn in 2023. This records an increase from the previous number of 9.455 USD bn for 2022. Colombia CO: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 848.059 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 10.112 USD bn in 2023 and a record low of 22.066 USD mn in 1971. Colombia CO: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Personal transfers, receipts (BoP, current US$) in Colombia was reported at 11848222292 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Workers' remittances, receipts (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Workers Remittances data was reported at 581.249 USD mn in Apr 2019. This records an increase from the previous number of 534.395 USD mn for Mar 2019. Workers Remittances data is updated monthly, averaging 333.651 USD mn from Jan 2000 (Median) to Apr 2019, with 232 observations. The data reached an all-time high of 601.091 USD mn in Dec 2018 and a record low of 103.751 USD mn in Jan 2000. Workers Remittances data remains active status in CEIC and is reported by Bank of the Republic of Colombia. The data is categorized under Global Database’s Colombia – Table CO.JB008: Workers Remittances.

Personal remittances, received (current US$) in Colombia was reported at 10111593424 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Workers' remittances and compensation of employees, received - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Personal remittances, paid (current US$) in Colombia was reported at 406846514 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Workers' remittances and compensation of employees, paid - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Incoming remittances continued to make up an increasing share of Colombia's GDP in 2024, although its growth did slow down to a 3-year CAGR of *** percent. This is according to a calculation that looks at the share of remittance inflow in the country's GDP over time, and looks at this share's CAGR development. Note that the figures shown here are "personal" remittances and not "total" remittances. While technically different, oftentimes the two types of remittances have the same figures due to a general lack of data tracking. Remittances had the most impact on Colombia's economy in 2003, when incoming money transfers from abroad made up roughly **** percent of the country's GDP.

Debt service (PPG and IMF only, % of exports of goods, services and primary income) in Colombia was reported at 18.05 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Debt service (PPG and IMF only, % of exports, excluding workers' remittances) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

This database allows the study of the effects of migration from different perceptions, situations, behaviors, feelings and socioeconomic aspects and in the subjectivities of Venezuelan immigrants in host populations such as Cúcuta, La Parada and Los Patios de Norte de Santander, Colombia. The variables under study are: 1. Sociodemographic: sex, age groups, couple situation, educational level, occupational profile, migratory status, time in Colombia, area where they live, with whom they live, head of household, Venezuelan state of origin. 2. Cultural and social aspects: obstacles to settlement and permanence in Colombia related to the language used, customs and norms of behavior in the host place, perception of episodes of xenophobia and rejection, violence, limitations and feelings of Venezuelan immigrants. 3. Current employment status: access to employment, formal or informal sector, productive sector, pay compared to that received by local citizens, hours worked, number of days worked, episodes of accidents or occupational illnesses, and other working conditions. Unemployment: time without work, reasons for unemployment or reasons for being denied work. 4. Economic and social remittances: average income, frequency of remittances, percentage of income sent in remittances, means of remittance, destination of the money sent, impact on the quality of life of the immigrant who sends remittances. 5. Access to and exercise of rights and services promoted by the government: migration regulation processes, access to services, access to the Covid 19 vaccine, access to housing and public services. 6. Access to and exercise of rights and services promoted by international organizations: support in regularization processes, access to services, access to housing.

Colombia CO: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances data was reported at 11.468 USD bn in 2024. This records an increase from the previous number of 9.687 USD bn for 2023. Colombia CO: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances data is updated yearly, averaging 661.350 USD mn from Dec 1968 (Median) to 2024, with 57 observations. The data reached an all-time high of 11.468 USD bn in 2024 and a record low of 0.000 USD mn in 1969. Colombia CO: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Colombia – Table CO.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Colombie: Remittances as percent of GDP: Pour cet indicateur, La Banque mondiale fournit des données pour la Colombie de 1970 à 2023. La valeur moyenne pour Colombie pendant cette période était de 1.29 pour cent avec un minimum de 0.18 pour cent en 1975 et un maximum de 3.25 pour cent en 2003.

Colombia CO: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Debit data was reported at 380.649 USD mn in 2024. This records a decrease from the previous number of 404.413 USD mn for 2023. Colombia CO: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Debit data is updated yearly, averaging 55.696 USD mn from Dec 1968 (Median) to 2024, with 54 observations. The data reached an all-time high of 415.537 USD mn in 2022 and a record low of 0.000 USD mn in 1986. Colombia CO: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Colombia – Table CO.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Colombia BoP: CA: SI: FN: Personal Transfers: ow Workers Remittances: Credit data was reported at 3.168 USD bn in Dec 2024. This records an increase from the previous number of 3.053 USD bn for Sep 2024. Colombia BoP: CA: SI: FN: Personal Transfers: ow Workers Remittances: Credit data is updated quarterly, averaging 1.115 USD bn from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 3.168 USD bn in Dec 2024 and a record low of 374.936 USD mn in Mar 2000. Colombia BoP: CA: SI: FN: Personal Transfers: ow Workers Remittances: Credit data remains active status in CEIC and is reported by Bank of the Republic of Colombia. The data is categorized under Global Database’s Colombia – Table CO.JB002: BPM6: Balance of Payments: Detailed Presentation.