Workers' remittances received rose 30.6% to USD 4,367 mil in Ecuador in 2021, according to the National Statistical Office.
Historically, workers' remittances received in Ecuador reached an all time high of USD 4,367 mil in 2021 and an all time low of USD 1.00 mil in 1989. When compared to Ecuador's main peers, workers' remittances received in Brazil amounted to USD 4,102 mil, USD 8,608 mil in Colombia, USD 568 mil in Panama and USD 3,592 mil in Peru in 2021.
Ecuador has been ranked 34th within the group of 113 countries we follow in terms of workers' remittances received, 5 places above the position seen 10 years ago.
Workers' Remittances, Received (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Bolivia | USD mil | 1,191 | 1,247 | 1,408 | 1,388 | 1,336 | ||||||||||||||||
Brazil | USD mil | 2,897 | 2,740 | 2,699 | 2,933 | 3,214 | ||||||||||||||||
Chile | USD mil | 59.0 | 64.6 | 66.5 | 69.9 | 69.4 | ... | |||||||||||||||
Colombia | USD mil | 5,002 | 5,192 | 5,819 | 6,675 | 7,115 | ||||||||||||||||
Costa Rica | USD mil | 552 | 545 | 560 | 534 | 553 | ||||||||||||||||
Ecuador | USD mil | 2,388 | 2,612 | 2,849 | 3,039 | 3,243 | ||||||||||||||||
Honduras | USD mil | 3,666 | 3,864 | 4,323 | 4,777 | 5,401 | ||||||||||||||||
Nicaragua | USD mil | 1,198 | 1,268 | 1,395 | 1,505 | 1,686 | ||||||||||||||||
Panama | USD mil | 554 | 503 | 533 | 538 | 581 | ||||||||||||||||
Peru | USD mil | 2,725 | 2,884 | 3,051 | 3,225 | 3,326 | ||||||||||||||||
Venezuela | USD mil | 161 | 279 | 279 | 279 | 279 | ... |