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Spain Remittances Received

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

Spain's remittances received was $7.0B in 2025, ranked 33rd globally. This represents a 11.2% increase from 2024. Data from World Bank, covering 1975–2025.

$7.0B +$707.4M (+11.2%)
Year 2025 Rank #33 Global Peak $7.0B (2025) Source World Bank

Spain Remittances Received (1975–2025)

Overview

Spain's remittances received stood at $7.0B in 2025, a rise of +$707.4M from 2024. Based on recent trends, this figure is projected to reach $7.0B by 2025. Spain ranked 33rd globally.

Spain's remittances received have experienced significant fluctuations over the past five decades, with the latest figure standing at 7,036,280,357.02 in 2025. The country's all-time peak in remittances was also achieved in 2025, indicating a steady increase in recent years. Conversely, the all-time trough occurred in 1999 with a value of 635,029,159.50, highlighting the impact of economic downturns on remittance inflows. Comparatively, Ecuador, a peer country, has also seen an increase in remittances, ranking 4th globally in 2025 with a value of 7,137,074,404.64. The steady rise in remittances in Spain since the 1999 trough suggests a strengthening of the country's economic ties with migrant communities. However, a decline in global economic growth or changes in migration patterns could potentially alter this trajectory, shifting the dynamics of remittance flows and impacting the Spanish economy.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $8.7B - -
2026* trend $7.8B - -
2025* trend $7.0B - -
2025 $7.0B +$707.4M #33
2024 $6.3B +$837.4M #151
2023 $5.5B +$1.3B #152
2022 $4.2B +$289.2M #147
2021 $3.9B +$886.2M #144
2020 $3.1B −$143.4M #137
2019 $3.2B −$124.9M #139
2018 $3.3B +$327.0M #142
2017 $3.0B +$372.6M #140
2016 $2.6B −$41.2M #135
2015 $2.7B −$457.0M #135
2014 $3.1B +$94.6M #140
2013 $3.0B +$941.8M #138
2012 $2.1B +$379.7M #130
2011 $1.7B +$118.3M #123
Show all years (1975-2025)
* 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 +11.0% GDP growth 2.5% C/A balance 2.7%
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

Spain matched the Export Boom Cycle pattern in 2023. 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 Spain's remittances received?▾

Spain's remittances received was $7.0B in 2025. Ranked 33rd globally. This represents a 11.2% increase from the previous year.

What was the highest remittances received in Spain?▾

Spain's remittances received peaked at $7.0B in 2025.

What was the lowest remittances received in Spain?▾

The lowest remittances received in Spain was $635.0M in 1999.

How does Spain rank in remittances received?▾

Spain ranks 33rd 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 Spain in 2025?▾

Spain's remittances received is projected to reach $7.0B by 2025 based on trend extrapolation.

What is Spain's remittances received in billion?▾

Spain's remittances received was approximately 7.04 billion ($7.0B) in 2025.

What is the remittances received of Spain in 2025?▾

The remittances received of Spain in 2025 was $7.0B. This ranks 33rd in the world.

Cite this page

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