El Salvador leads the region in remittances per capita, with inflows equivalent to nearly all export income; in 2019 2.35 million El Salvadorians lived in the U.S. and about a third of all households received remittances. Remittances from Salvadorans living in the United States, sent to family members in El Salvador, are a major source of foreign income and offset the trade deficit. Remittances have increased steadily since the early 2000s, growing from $3.32 billion, or approximately 16.2% of GDP in 2006, to nearly $6 billion (around 20% of GDP in 2019, one of the highest rates in the world, according to the World Bank.)