Remittances to Guatemala Up in 2011

Remittances in February 2011 reported an 11% increase over the same period of 2010.

Friday, March 4, 2011

During the first two months of 2011, remittances have increased 12.9%.

$283.8 million entered the country inJanuary 2011, a 15.1% increase over the $246.1 million recorded in the same month of 2010.

"Remittances have increased for the past 12 months; the central bank estimates U.S. $ 4.345 million for this year, a figure slightly higher than the record U.S. $ 4.314 million of 2008, before the crisis eroded foreign wires," reported Elperiodico.com.gt.

More on this topic

Guatemala: Remittances Will Continue to Rise in 2014

November 2013

According to projections by the Banguat remittances arriving in the country in 2014 will increase by 6%, adding up to over $5.2 billion.

Up to the end of this year, remittances will add up to $5.1 billion, an increase of 5% compared to 2012 which had a total of $4.782 billion.

El Salvador: $3.911 million in Remittances in 2012

January 2013

During 2012, remittances totaling $3.910 million came into the country, for an annual growth of 7.2% compared to 2011.

From a press release by the Central Reserve Bank of El Salvador:

In 2012, remittances coming into the country were worth U.S. $3.91 billion, an annual growth of 7.2% compared to the year 2011. For El Salvador, remittances now account for 16.4% of GDP.

El Salvador Receives $3,286 million in Remittances

December 2011

Between January and November 2011 the country received $181.3 million more than in the same period in 2010.

A press release from the Central Reserve Bank of El Salvador (BCR) reads:

Salvadorans living abroad sent home remittances totaling U.S. $3,286.1 million accumulated between January and November 2011, more than the U.S.

El Salvador: Largest Increase in Remittances in 35 Months

February 2011

January foreign wires reported a 9.9% growth compared to same month in 2010.

Salvadoran families received remittances worth a total of $ 259.3 million during the month of January of this year, reported the Central Bank of El Salvador.

Remittances showed an increase of 9.9%, equivalent to $ 23.3 million, compared to January 2010, with the highest growth seen in the last 35 months.

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