Huila receives record remittances in first quarter

Remittances to Huila grew 14.7% in the first quarter of 2026 compared to the same period in 2025, reaching a record 46.6 million dollars.

According to Banco de la República data, the amount sent by Huila residents abroad translated to 0.2 trillion Colombian pesos. Growth in local currency was only 1.3% due to the strengthening of the peso against the dollar.

The United States contributed 45% of the total, equivalent to more than 21 million dollars. Other countries followed with 32% and Spain with 20%.

Economist Carlos Velásquez of Alianza Fiduciaria noted that remittance growth in 2025 was 6.6% in the department. Nationally, remittances reached 13,098 million dollars in 2025.

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Illustration of a Kenyan family receiving remittances from the United States, highlighting the Ksh931.8 billion inflows reported by KNBS.
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KNBS report reveals Ksh931.8 billion in remittances to Kenya

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The Kenya National Bureau of Statistics released its 2025 Remittances Household Survey Report on Tuesday showing total inflows of Ksh931.8 billion from June 2024 to May 2025. The United States accounted for 43.5 per cent of the total. Most funds went to household consumption rather than investment.

Banco de la República reported remittances hit US$1.189 billion in May, up 8.5% from the prior year.

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Foreign direct investment reached US$3.794 million between January and March 2026, up 63.4% from the previous quarter.

DANE published the 2025 Tourism Satellite Account data showing US$13.498 million in international tourism revenue and 995,709 jobs in the sector.

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The Dane reported that Colombia's GDP rose 2.2% in the first quarter of 2026, below the 2.5% recorded a year earlier. Growth was driven mainly by public spending and household consumption, while sectors such as construction and agriculture posted declines.

Bancolombia supported the entry of machinery and vehicles valued at more than US$110 million into the country during 2025 through 953 transactions for 212 clients.

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The Cámara Colombiana del Libro presented its annual report at the close of Filbo 2026, showing a 7.5% sales growth in Colombia's publishing sector for 2025, reaching $1.06 trillion. It sold 39.4 million copies and published 19,024 titles. The report highlights five consecutive years of expansion.

 

 

 

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