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Remittances from Spain to Latin America: some key figures

Author

Listed:
  • Juan Carlos Berganza

    (Banco de España)

  • María Pía Cobián González

    (Banco de España)

  • María Teresa García Cid

    (Banco de España)

  • Esther López Espinosa

    (Banco de España)

Abstract

This article describes the key characteristics of workers’ remittances (i.e. household-to-household transfers) sent from Spain to Latin America. The latter region is the main recipient of remittances sent from Spain, which is consistent with the share of the Latin American population in migratory flows into the country. From a Latin American perspective, Spain is the second largest source country for remittances, behind only the United States.

Suggested Citation

  • Juan Carlos Berganza & María Pía Cobián González & María Teresa García Cid & Esther López Espinosa, 2025. "Remittances from Spain to Latin America: some key figures," Economic Bulletin, Banco de España, issue 2025/Q2.
    • Handle: RePEc:bde:journl:y:2025:i:02:n:01
    DOI: https://doi.org/10.53479/39398
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    Keywords

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    JEL classification:

    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances
    • F66 - International Economics - - Economic Impacts of Globalization - - - Labor
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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