In 2009, the remittance flows to Latin America and the Caribbean were down to $58 billi...

In 2009, the remittance flows to Latin America and the Caribbean were down to $58 billion, which was 11 percent lower than in 2008. It was the first decline in the last 25 years due to the economic downturn. According to Inter-American Development Bank estimates, over three-quarters of remittances to these countries originate in the United States. Check out 10 largest remittance-receiving countries' profiles in the region by clicking their points on the map. See charts of remittance trends by clicking map icons next to each point. Listen to Kristin Johnson, professor of political science at the University of Rhode Island, talking about remittances and their impacts on the U.S. economy by clicking the speaker icons on the left. Data from the World Bank Report, 2009. Remittance facts from the Inter-American Development Bank

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