Remittances to Colombia to grow 5% in May driven by Mother's Day expenses

TL;DR

Remittances to Colombia are projected to grow by approximately 5% in May 2026.
The increase is largely attributed to higher household expenses related to Mother's Day celebrations.
May is historically one of the most dynamic months for remittance flows into Colombia.
Remittances accumulated a 3% growth in the first four months of 2026 compared to the previous year.
The United States is the primary source of remittances, accounting for 51% of the total.
Spain follows as the second-largest source with 17%, followed by Chile and the United Kingdom (4% each).
Valle del Cauca is the main recipient of remittances, concentrating 26% of the national total, followed by Cundinamarca (17%), Antioquia (16%), and Risaralda (5%).
Remittances reflect both economic needs and an altruistic connection between Colombians abroad and their families.
Approximately 5.5 million Colombians live abroad, strengthening remittance flows.

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