Quarterly cost of sending 200 USD worth of remittances U.S. to Colombia 2011-2023

Published by
Raynor de Best,
Mar 13, 2024

Remitting 200 USD from the United States to Colombia saw a cost increase of 0.7 percentage points between Q3 2022 and Q3 2023. This is according to an estimate that purely focuses on the remittances on this specific corridor. The cost of sending money to the Latin American country was at its highest in 2012, and generally declined since then. The United States ranked as the most likely country of origin of remittances towards Colombia, even though most sources calculate such figures based on migration figures.

Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia from 1st quarter of 2011 to 3rd quarter of 2023

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Sources

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Release date

January 2024

Region

Colombia, United States

Survey time period

Q1 2011 to Q3 2023

Special properties

Includes cash, bank account transfers, credit cards, debit cards, prepaid cards, and mobile money

Supplementary notes

The figures have been collected and calculated by Statista.

The source did not provide figures from before 2011.

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Topics

Remittance in ColombiaGlobal economyLatin AmericaColombiaIntraregional migration in Latin America
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