Remittances typically refer to money sent from migrant workers back home to family and friends. As of 2024, it is a topic with many data gaps. Little is known on the role of banks, money transfer organizations (MTOs), or digital sources (blockchain, etc.). Regardless, which brands are common for remittances going to Colombia? And how much of them are conducted digitally?
Remittance flow in Colombia - statistics & facts
Remittances typically refer to money sent from migrant workers back home to family and friends. As of 2024, it is a topic with many data gaps. Little is known on the role of banks, money transfer organizations (MTOs), or digital sources (blockchain, etc.). Regardless, which brands are common for remittances going to Colombia? And how much of them are conducted digitally?
Key insights
- Value of personal remittances received in Colombia
- 9.45b USD
Detailed statistics
Annual value of incoming personal remittances in Colombia 2003-2022
- Remittance inflow in Colombia, as share of GDP
- 2.75%
Detailed statistics
Annual share of GDP of incoming personal remittances in Colombia 1970-2022
- Average cost of sending 200 USD to Colombia
- 6.13%
Detailed statistics
Remittance costs for 200 USD in 20 countries in Latin America as of Q3 2023
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Inflow
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- Premium Statistic Annual value of outgoing and incoming remittance flow in Colombia 2021, by country
- Premium Statistic Quarterly value of incoming personal remittances in Colombia 2000-2023
- Premium Statistic Annual value of incoming personal remittances in Colombia 2003-2022
- Premium Statistic Annual share of GDP of incoming personal remittances in Colombia 1970-2022
- Premium Statistic Countries in Latin America with most incoming remittances, by sending region 2021
- Premium Statistic Remittance costs for 200 USD in 20 countries in Latin America as of Q3 2023
Inflow
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Premium Statistic
Annual value of outgoing and incoming remittance flow in Colombia 2021, by country
Annual value of outgoing and incoming remittance flow in Colombia 2021, by country
Value of personal remittances sent from/to Colombia to/from other countries or territories worldwide in 2021 (in million U.S. dollars)
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Quarterly value of incoming personal remittances in Colombia 2000-2023
Quarterly value of incoming personal remittances in Colombia 2000-2023
Value of personal remittances in Colombia from 1st quarter 2000 to 3rd quarter 2023, based on remittance inflow from any other country
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Annual value of incoming personal remittances in Colombia 2003-2022
Annual value of incoming personal remittances in Colombia 2003-2022
Value of personal remittances in Colombia from 2003 to 2022, based on remittance inflow from any other country (in billion U.S. dollars)
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Annual share of GDP of incoming personal remittances in Colombia 1970-2022
Annual share of GDP of incoming personal remittances in Colombia 1970-2022
Personal remittances as share of GDP in Colombia from 1970 to 2022, based on remittance inflow from any other country
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Premium Statistic
Countries in Latin America with most incoming remittances, by sending region 2021
Countries in Latin America with most incoming remittances, by sending region 2021
Top remittance receiving countries and territories in Latin America, inflow by sending region in 2021 (in million U.S. dollars)
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Remittance costs for 200 USD in 20 countries in Latin America as of Q3 2023
Remittance costs for 200 USD in 20 countries in Latin America as of Q3 2023
Total average cost of sending and/or receiving 200 U.S. dollars worth of remittances from/to individual countries in Latin America in 3rd quarter of 2023
Cash and/or digital
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- Premium Statistic Quarterly market share of incoming digital remittances in Colombia 2016-2023
- Premium Statistic Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by method
- Premium Statistic Quarterly market share of digital remittances from the U.S. to Colombia 2016-2023
- Premium Statistic Quarterly cost of sending 200 USD worth of remittances USA Colombia 2023, by method
- Premium Statistic Quarterly market share of digital remittances from Spain to Colombia 2016-2023
- Premium Statistic Quarterly cost of sending 200 USD worth of remittances Spain Colombia 2023, by method
Cash and/or digital
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Premium Statistic
Quarterly market share of incoming digital remittances in Colombia 2016-2023
Quarterly market share of incoming digital remittances in Colombia 2016-2023
Share of digitally initiated remittances in Colombia from 2nd quarter 2016 to 3rd quarter 2023, based on remittance inflow from any other country
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Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by method
Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by method
Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia as of 3rd quarter of 2023, by remittance instrument
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Quarterly market share of digital remittances from the U.S. to Colombia 2016-2023
Quarterly market share of digital remittances from the U.S. to Colombia 2016-2023
Share of digitally initiated remittances in the United States and Colombia corridor from 2nd quarter of 2016 to 3rd quarter of 2023
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Quarterly cost of sending 200 USD worth of remittances USA Colombia 2023, by method
Quarterly cost of sending 200 USD worth of remittances USA Colombia 2023, by method
Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia as of 3rd quarter of 2023, by remittance instrument
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Quarterly market share of digital remittances from Spain to Colombia 2016-2023
Quarterly market share of digital remittances from Spain to Colombia 2016-2023
Share of digitally initiated remittances in the Spain and Colombia corridor from 2nd quarter of 2016 to 3rd quarter of 2023
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Quarterly cost of sending 200 USD worth of remittances Spain Colombia 2023, by method
Quarterly cost of sending 200 USD worth of remittances Spain Colombia 2023, by method
Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia as of 3rd quarter of 2023, by remittance instrument
Service providers
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- Premium Statistic Quarterly cost of sending 200 USD worth of remittances towards Colombia 2011-2023
- Premium Statistic Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by provider
- Premium Statistic Quarterly cost of sending 200 USD worth of remittances U.S. to Colombia 2011-2023
- Premium Statistic Quarterly cost of 200 USD worth of remittances U.S. to Colombia 2023, by provider
- Premium Statistic Quarterly cost of sending 200 USD worth of remittances Spain to Colombia 2011-2023
- Premium Statistic Quarterly cost of 200 USD worth of remittances Spain to Colombia 2023, by provider
Service providers
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Quarterly cost of sending 200 USD worth of remittances towards Colombia 2011-2023
Quarterly cost of sending 200 USD worth of remittances towards Colombia 2011-2023
Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia from the rest of the world from 1st quarter of 2011 to 3rd quarter of 2023
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Premium Statistic
Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by provider
Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by provider
Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia from the rest of the world from 1st quarter of 2011 to 3rd quarter of 2023, by provider
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Quarterly cost of sending 200 USD worth of remittances U.S. to Colombia 2011-2023
Quarterly cost of sending 200 USD worth of remittances U.S. to Colombia 2011-2023
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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Premium Statistic
Quarterly cost of 200 USD worth of remittances U.S. to Colombia 2023, by provider
Quarterly cost of 200 USD worth of remittances U.S. to Colombia 2023, by provider
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, by provider
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Premium Statistic
Quarterly cost of sending 200 USD worth of remittances Spain to Colombia 2011-2023
Quarterly cost of sending 200 USD worth of remittances Spain to Colombia 2011-2023
Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 3rd quarter of 2023
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Premium Statistic
Quarterly cost of 200 USD worth of remittances Spain to Colombia 2023, by provider
Quarterly cost of 200 USD worth of remittances Spain to Colombia 2023, by provider
Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 3rd quarter of 2023, by provider
Brands
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- Premium Statistic Quarterly market share of incoming remittance brands in Colombia 2011-2023
- Premium Statistic Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by brand
- Premium Statistic Quarterly market share of remittance brands from the U.S. to Colombia 2011-2023
- Premium Statistic Quarterly cost of 200 USD worth of remittances U.S. to Colombia 2023, by brand
- Premium Statistic Quarterly market share of remittance brands from Spain to Colombia 2011-2023
- Premium Statistic Quarterly cost of 200 USD worth of remittances Spain to Colombia 2023, by brand
Brands
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Premium Statistic
Quarterly market share of incoming remittance brands in Colombia 2011-2023
Quarterly market share of incoming remittance brands in Colombia 2011-2023
Biggest brands for remittances in Colombia from 1st quarter 2011 to 3rd quarter 2023, based on remittance inflow from any other country
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Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by brand
Quarterly cost of sending 200 USD worth of remittances to Colombia 2023, by brand
Total average cost of sending 200 U.S. dollars worth of remittances towards Colombia as of 3rd quarter of 2023, among the 10 most used brands used by the rest of the world towards the country
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Premium Statistic
Quarterly market share of remittance brands from the U.S. to Colombia 2011-2023
Quarterly market share of remittance brands from the U.S. to Colombia 2011-2023
Biggest brands for remittances in the United States and Colombia corridor from 1st quarter of 2011 to 3rd quarter of 2023
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Premium Statistic
Quarterly cost of 200 USD worth of remittances U.S. to Colombia 2023, by brand
Quarterly cost of 200 USD worth of remittances U.S. to Colombia 2023, by brand
Total average cost of sending 200 U.S. dollars worth of remittances between the United States and Colombia as of 3rd quarter of 2023, among the 10 most used brands in this corridor
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Premium Statistic
Quarterly market share of remittance brands from Spain to Colombia 2011-2023
Quarterly market share of remittance brands from Spain to Colombia 2011-2023
Biggest brands for remittances in the Spain and Colombia corridor from 1st quarter of 2011 to 3rd quarter of 2023
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Premium Statistic
Quarterly cost of 200 USD worth of remittances Spain to Colombia 2023, by brand
Quarterly cost of 200 USD worth of remittances Spain to Colombia 2023, by brand
Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia as of 3rd quarter of 2023, among the 10 most used brands in this corridor
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