Overview
- Total inflows rose by US$434 million year over year to US$5,368 million in 2025, an 11.7% increase, according to the central bank.
- The sum equaled about 1.6% of GDP, and the United States remained the principal source of transfers.
- Fourth‑quarter 2025 remittances reached US$1,428 million, up US$150 million from the same period a year earlier.
- Experts attribute the rise to intensified emigration—especially of younger workers—with INEI reporting a 44% higher annual average of emigrants in 2020–2024 versus 2015–2019.
- Sources also point to precautionary transfers tied to political uncertainty in the U.S. under the new Trump mandate and at home, plus wider use of cheaper digital channels; most recipients are strata C and D households covering basic and education expenses.