The Other Side of Remittances
Director of Portafolio 10.04.2026 19:30 Updated: 10.04.2026 19:30
TL;DR
- Remittances are a stable support for the Colombian economy.
- Inflows remain strong, indicating a structural role in external balance and family income.
- The appreciation of the Colombian peso means that for every dollar sent, households receive less purchasing power.
- This reduction in purchasing power can limit consumption and economic activity.
- Colombia needs to generate internal growth and employment to avoid over-reliance on remittances.