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 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.
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.
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.
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.
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