Remitting 200 USD from Spain to Colombia saw a cost decline of 1.3 percentage points between Q3 2022 and Q3 2023. 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 3rd quarter of 2023
Characteristic
Costs of sending 500 U.S. dollars to this country, as proportion of remittance value received
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FXC Intelligence, & Statista, & World Bank (Remittance Prices Worldwide). (January 11, 2024). Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 3rd quarter of 2023 [Graph]. In Statista. Retrieved July 22, 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 3rd quarter of 2023." Chart. January 11, 2024. Statista. Accessed July 22, 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 3rd quarter of 2023. Statista. Statista Inc.. Accessed: July 22, 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 3rd Quarter of 2023." Statista, Statista Inc., 11 Jan 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 3rd quarter of 2023 Statista, https://www.statista.com/statistics/1454728/cost-sending-low-value-remittances-spain-to-colombia/ (last visited July 22, 2024)
Total average cost of sending 200 U.S. dollars worth of remittances between Spain and Colombia from 1st quarter of 2011 to 3rd quarter of 2023 [Graph], FXC Intelligence, & Statista, & World Bank (Remittance Prices Worldwide), January 11, 2024. [Online]. Available: https://www.statista.com/statistics/1454728/cost-sending-low-value-remittances-spain-to-colombia/