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Workers' Remittances, Received (USD) rose 30.6% to USD 4,367 mil in Ecuador in 2021

Workers' Remittances, Received (USD) (USD mil), 2021
Economy | Ecuador | March 1, 2023
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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 ...