The Caribbean countries, where growth this year is estimated at 2.6% versus a contraction of 5.3% last year, are the sole region that saw an improvement from last year.
The study estimates the average weekly salary for workers from Latin America and the Caribbean in the United States will rise 3.9% this year to $860.
Almost $6 of every $10 sent back home come from North America, the IDB report showed, citing 2020 data. More than a fourth of the total comes from within the Latam and Caribbean region, and almost 13% come from Europe.
Out of every $10 sent, about $4 lands in Mexico, just under $3 goes to Central America, almost $2 goes to South America and about $1 to the Caribbean, according to estimates in the report.
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