During the first two months of the year, the country received $778 million in family remittances, which is equivalent to an increase of 7.2% with respect to the amount registered in the same period in 2017.
Friday, March 16, 2018
The Central Reserve Bank of El Salvador (BCR) reported that "...in the month of February alone, US $397.8 million was received in remittances, which represents growth of 4.4% over the same month in the previous year."
From a statement issued by the BCR:
Up to February, El Salvador received US $778.4 million in family remittances, with a growth of 7.2% and exceeding in US $52.3 million the income received under this concept in the same period of the previous year, reported the Central Reserve Bank.
In the month of February alone, US $397.8 million was received in remittances, which represents growth of 4.4% over the same month in the previous year.
Last year the country received $5.65 billion in family remittances, which is 5% more than the amount reported in 2018.
In 2019, the central zone of the country received 36.6% of total remittances, equivalent to $2,069.7 million, followed by the eastern zone with 32.1%, or $1,811 million.
During the first nine months of the year, the country received $4.039 million in family remittances, 9% more than in the same period of 2017.
From the statement of the Central Reserve Bank:
El Salvador received US$4,039.4 million in family remittances up to September 2018 with a growth of 9.2%, which exceeded by US$340.6 million the income received under this concept in the same period of the previous year, informed the Central Reserve Bank (BCR).
Between January and June 2018, family remittance flows sent from abroad totaled almost $2.7 billion, registering a 9% increase compared to the same period in the previous year.
El Salvador received US $2.6886 billion in family remittances up to June 2018, surpassing the US $229.2 million sent by Salvadorans living abroad in the first half of last year.In June alone, US $461 million was received in remittances, which means an increase of 11.2% compared to the same month in the previous year, reported the Central Reserve Bank (BCR).
As of April, family remittances so far this year totaled $1.730 billion, registering a 9% increase compared to the same period of the previous year.
From a report by the Central Bank of Honduras:
El Salvador received US $1.729.6 billion in family remittances as of April 2018, with a growth of 9.2% and exceeding by US $145.7 million the income received under this concept in the same period of the previous year, the Central Reserve Bank reported.