Colombia: Remittances

(measure: million U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series

Colombia: Remittances, million USD

: For that indicator, The World Bank provides data for Colombia from 1970 to 2018. The average value for Colombia during that period was 1735.97 million U.S. dollars with a minumum of 6 million U.S. dollars in 1970 and a maximum of 6338.56 million U.S. dollars in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Remittances are the money sent home by people who work in a foreign country. These are, for example, the money sent to Mexico by Mexican workers in the U.S.

Definition: 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. Data are in current U.S. dollars.
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