Latin American remittance growth will continue to slow

Remittances rose by some 8% year-on-year in 2023, reaching USD155bn

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In this article

  • LAC remittances remain robust
  • Slower growth ahead
  • Mexico remittances lose steam
  • Elevated sending costs

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.