Workers' remittances paid fell 1.73% to USD 256 mil in El Salvador in 2024, according to the National Statistical Office.
Historically, workers' remittances paid in El Salvador reached an all time high of USD 275 mil in 2022 and an all time low of USD 0.115 mil in 1994. When compared to El Salvador's main peers, workers' remittances paid in Costa Rica amounted to USD 647 mil, USD 34.2 mil in Guatemala, USD 346 mil in Honduras and USD 146 mil in Nicaragua in 2024.
El Salvador has been ranked 73rd within the group of 98 countries we follow in terms of workers' remittances paid, 55 places above the position seen 10 years ago.
Workers' Remittances, Paid (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Belize | USD mil | 43.0 | 41.9 | 42.4 | 41.7 | 41.4 | ||||||||||||||||
Costa Rica | USD mil | 507 | 528 | 491 | 541 | 562 | ||||||||||||||||
El Salvador | USD mil | 190 | 233 | 187 | 261 | 275 | ||||||||||||||||
Guatemala | USD mil | 18.9 | 18.0 | 18.7 | 20.0 | 23.9 | ||||||||||||||||
Honduras | USD mil | 288 | 330 | 292 | 344 | 339 | ||||||||||||||||
Mexico | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 742 | 787 | 647 | 767 | 883 | |||||||
Nicaragua | USD mil | ... | ... | ... | ... | 1.60 | 1.60 | 1.50 | 106 | 182 | ||||||||||||
Panama | USD mil | 797 | 824 | 509 | 551 | 563 | ||||||||||||||||
USA | USD mil | 66,836 | 71,583 | 66,126 | 73,551 | 87,025 |