Remittances in Panama grow by 20%

The biggest increase was in remittances sent abroad from Panama, which for the first time are almost at the same level as received remittances.

Tuesday, September 9, 2008

Remittance agents in Panama moved $186.2 million during the first semester of the year, including capital that entered and left the country by this means.
In total $92.6 million, or 28% more than last year, in remittances left the country.

More on this topic

El Salvador 2014: Remittances Up 6.7%

January 2015

In 2014 the country received $4.217 billion in remittances, $263.6 million more than in 2013 and for the first time surpassed the $4 billion mark.

From a statement issued by the Central Reserve Bank of El Salvador (BCR):

In 2014, El Salvador received $4.2172 billion in remittances, an increase of 6.7% compared to the previous year, equivalent to $263.6 million more than in 2013, thereby exceeding for the first time the $4 billion mark in remittances, said the Central Reserve Bank of El Salvador.

Remittances for $13.06 billion to Central America in 2011

March 2012

By country: Guatemala $4.37 billion; El Salvador $3.65 billion; Honduras $2.86 billion; Nicaragua $1.05 billion; Panama $592 millions; Costa Rica $530 millions.

Inter-American Development Bank Report:

Remittances to Latin America and the Caribbean rose to $61 billion in 2011

Remittances to Honduras grow 11.9%

July 2008

The remittances sent by Honduran immigrants to their families in the country were over $1.360 million for the first six months of this year.

The dollars sent by honduran immigrants, most of them living in the United States, are the main source of foreign currency in the country, acknowledged the authorities. In 2006, remittances accounted for 25% of the country's gross domestic product.

Remittances to Guatemala grow by 8.69 percent

July 2008

Despite the worldwide economic slowdown, remittances to families in Guatemala from members who live abroad have grown by 8.69 percent for the January-June period this year.

However, the rate of growth is down a bit from last year, when remittances increased by 12.64 percent year-over-year.

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