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Ecuador Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Ecuador's remittances received was $7.1B in 2025, ranked 32nd globally. This represents a 9.1% increase from 2024. Data from World Bank, covering 1976–2025.

$7.1B +$592.7M (+9.1%)
Year 2025 Rank #32 Global Peak $7.1B (2025) Source World Bank

Ecuador Remittances Received (1976–2025)

Overview

Ecuador's remittances received stood at $7.1B in 2025, a rise of +$592.7M from 2024. Based on recent trends, this figure is projected to reach $7.1B by 2025. Ecuador ranked 32nd globally.

Ecuador’s remittance inflows have risen dramatically from a modest 3,299,999.95 in 1976 to an all‑time peak of 7,137,074,404.64 in 2025, placing the country 32nd globally. The sharpest low point occurred in 1989 when receipts fell to 1,000,000.00, after which a sustained upward trajectory emerged, driven by expanding migrant networks in the United States and Europe. Over the 41‑year coverage period, the average annual growth rate exceeds 12 percent, outpacing many regional peers and approaching the levels recorded by Korea ( 7,291,770,000.00 ) and Spain ( 7,036,280,357.02 ) in the same year. The continued diversification of Ecuadorian diaspora destinations and improvements in digital transfer mechanisms suggest that remittance volumes are likely to keep rising, although any significant slowdown in host‑country economies or tighter migration policies could temper this forward momentum.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $8.6B - -
2026* trend $7.9B - -
2025* trend $7.1B - -
2025 $7.1B +$592.7M #32
2024 $6.5B +$1.1B #152
2023 $5.5B +$704.5M #151
2022 $4.7B +$380.5M #149
2021 $4.4B +$1.0B #148
2020 $3.3B +$101.0M #144
2019 $3.2B +$203.6M #141
2018 $3.0B +$190.0M #139
2017 $2.8B +$237.0M #137
2016 $2.6B +$224.5M #134
2015 $2.4B −$84.9M #134
2014 $2.5B +$13.6M #134
2013 $2.5B −$17.4M #132
2012 $2.5B −$204.4M #136
2011 $2.7B +$81.6M #140
Show all years (1976-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.9% GDP growth 9.4% C/A balance 2.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Ecuador matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ecuador's remittances received?▾

Ecuador's remittances received was $7.1B in 2025. Ranked 32nd globally. This represents a 9.1% increase from the previous year.

What was the highest remittances received in Ecuador?▾

Ecuador's remittances received peaked at $7.1B in 2025.

What was the lowest remittances received in Ecuador?▾

The lowest remittances received in Ecuador was $1.0M in 1989.

How does Ecuador rank in remittances received?▾

Ecuador ranks 32nd globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Ecuador in 2025?▾

Ecuador's remittances received is projected to reach $7.1B by 2025 based on trend extrapolation.

What is Ecuador's remittances received in billion?▾

Ecuador's remittances received was approximately 7.14 billion ($7.1B) in 2025.

What is the remittances received of Ecuador in 2025?▾

The remittances received of Ecuador in 2025 was $7.1B. This ranks 32nd in the world.

Cite this page

APA
Ecuador Remittances Received. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/ecuador/remittances/
BibTeX
@misc{historysaid_ecuador_remittances, title = {Ecuador Remittances Received}, url = {https://historysaid.com/ecuador/remittances/}, publisher = {HistorySaid}, year = {2026} }
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