IOM Study Reveals Venezuelan Migrants Provide $529.1M Economic Boost to Colombia

The Economic Impact of Venezuelan Migrants and Refugees in Colombia

What was the economic impact of Venezuelan migrants and refugees in Colombia?

  • A new study by the International Organization for Migration (IOM) revealed that Venezuelan migrants and refugees in Colombia contributed to a USD 529.1 million economic impact in the country in 2022.

What does this study highlight?

  • The study underscores the substantial economic contribution of Venezuelan migrants and refugees not only in Colombia but also across Latin America and the Caribbean.

In conclusion, the study by the IOM sheds light on the significant economic impact of Venezuelan migrants and refugees in Colombia, showcasing their valuable contribution to the country’s economy and emphasizing the importance of supporting and integrating migrants and refugees into host communities.

Source: www.iom.int

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