Remitting 200 USD from Spain to Colombia saw a cost decline of 0.04 percentage points between Q1 2023 and Q1 2024. This is according to an estimate that purely focuses on the remittances on this specific corridor. The cost of sending money to the Latin American country was at its highest in 2021, and generally declined since then. Spain ranked as the third most likely country of origin of remittances towards Colombia, even though most sources calculate such figures based on migration figures.
Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 1st quarter of 2024
Characteristic
Costs of sending 200 U.S. dollars to this country, as proportion of remittance value received
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FXC Intelligence, & Statista, & World Bank (Remittance Prices Worldwide). (July 6, 2024). Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 1st quarter of 2024 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1454728/cost-sending-low-value-remittances-spain-to-colombia/
FXC Intelligence, und Statista, und World Bank (Remittance Prices Worldwide). "Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 1st quarter of 2024." Chart. July 6, 2024. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1454728/cost-sending-low-value-remittances-spain-to-colombia/
FXC Intelligence, Statista, World Bank (Remittance Prices Worldwide). (2024). Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 1st quarter of 2024. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1454728/cost-sending-low-value-remittances-spain-to-colombia/
FXC Intelligence, and Statista, and World Bank (Remittance Prices Worldwide). "Total Average Cost of Sending 200 U.S. Dollars worth of Remittances between Spain and Colombia from 1st Quarter of 2011 to 1st Quarter of 2024." Statista, Statista Inc., 6 Jul 2024, https://www.statista.com/statistics/1454728/cost-sending-low-value-remittances-spain-to-colombia/
FXC Intelligence & Statista & World Bank (Remittance Prices Worldwide), Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 1st quarter of 2024 Statista, https://www.statista.com/statistics/1454728/cost-sending-low-value-remittances-spain-to-colombia/ (last visited December 26, 2024)
Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 1st quarter of 2024 [Graph], FXC Intelligence, & Statista, & World Bank (Remittance Prices Worldwide), July 6, 2024. [Online]. Available: https://www.statista.com/statistics/1454728/cost-sending-low-value-remittances-spain-to-colombia/
