Venezuela
Personal remittance receipts of $279.0M in 2016, 0.25% of GDP, from 32 annual observations starting in 1985. The series carries no observation for Venezuela after 2016, while 160 countries report through 2024, so this country is absent from the 2024 ranking.
- Received, 2016
- $279.0M
- Share of GDP, 2016
- 0.25%
- No 2024 observation
- n/a
- Net, 2016
- $225.0M
- Years of receipts
- 32
Received and paid, US$ billion
Source: World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ Gross flows in current US dollars. A gap in a line is a year with no observation, not a zero. Methodology
Receipts as a share of GDP
The highest reading in the series is 0.25% in 2003.
Source: World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ | World Bank WDI: GDP, current US$ (NY.GDP.MKTP.CD) Both series are current US dollars from the same WDI vintage; the share moves with the dollar GDP denominator as well as with the inflow. Methodology
Where the money is modelled to come from, 2021
The 2021 bilateral matrix carries no corridor into Venezuela. It covers 175 receiving economies of the 201 in the flows series, and this is not one of them.
Modelled outward corridors, 2021
The same matrix sends $3.62B out of Venezuela across 98 corridors. These are modelled allocations too.
| Destination | Modelled value |
|---|---|
| Colombia | $2.35B |
| Spain | $400.4M |
| Italy | $150.1M |
| Portugal | $116.8M |
| Ecuador | $107.5M |
Source: World Bank / KNOMAD Bilateral Remittance Matrix Methodology
This page exists because Venezuela has 32 annual receipt observations, at or above the 10-year minimum. Methodology | All receivers