Remitting 200 USD from the United States to Colombia saw a cost increase of 0.5 percentage points between Q1 2023 and Q1 2024. 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 1st quarter of 2024
Characteristic
Costs of sending 200 U.S. dollars to this country, as proportion of remittance value received
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FXC Intelligence, & Statista, & World Bank (Remittance Prices Worldwide). (July 6, 2024). Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia from 1st quarter of 2011 to 1st quarter of 2024 [Graph]. In Statista. Retrieved October 03, 2024, from https://www.statista.com/statistics/1454725/cost-sending-low-value-remittances-usa-to-colombia/
FXC Intelligence, und Statista, und World Bank (Remittance Prices Worldwide). "Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia from 1st quarter of 2011 to 1st quarter of 2024." Chart. July 6, 2024. Statista. Accessed October 03, 2024. https://www.statista.com/statistics/1454725/cost-sending-low-value-remittances-usa-to-colombia/
FXC Intelligence, Statista, World Bank (Remittance Prices Worldwide). (2024). Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia from 1st quarter of 2011 to 1st quarter of 2024. Statista. Statista Inc.. Accessed: October 03, 2024. https://www.statista.com/statistics/1454725/cost-sending-low-value-remittances-usa-to-colombia/
FXC Intelligence, and Statista, and World Bank (Remittance Prices Worldwide). "Total Average Cost of Sending 200 U.S. Dollars worth of Remittances between The United States and Colombia from 1st Quarter of 2011 to 1st Quarter of 2024." Statista, Statista Inc., 6 Jul 2024, https://www.statista.com/statistics/1454725/cost-sending-low-value-remittances-usa-to-colombia/
FXC Intelligence & Statista & World Bank (Remittance Prices Worldwide), Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia from 1st quarter of 2011 to 1st quarter of 2024 Statista, https://www.statista.com/statistics/1454725/cost-sending-low-value-remittances-usa-to-colombia/ (last visited October 03, 2024)
Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia from 1st quarter of 2011 to 1st quarter of 2024 [Graph], FXC Intelligence, & Statista, & World Bank (Remittance Prices Worldwide), July 6, 2024. [Online]. Available: https://www.statista.com/statistics/1454725/cost-sending-low-value-remittances-usa-to-colombia/