In 2016, the flow of remittances to Latin America and the Caribbean surpassed US $70 billion. In the 20 countries for which there is data available, the flow reached US$69 billion. This increase demonstrates continued growth since the post-recession period. In this article, we find a range of factors shaping this growth,
This presentation was given at the international conference “Improving Data on International Migration: Towards Agenda 2030 and the Global Compact on Migration”, hosted by Germany’s Federal Foreign Office and convened by the International Organization for Migration’s (IOM)’s Global Migration Data Analysis Center (GMDAC), with support from the US Department of State and the European Commission’s Knowledge Center on Migration and Demography.