Guatemala: Remittances Up 13% in 2015

The total figure for remittances in 2015 reached a record high of $6.285 billion, $741 million more than the amount recorded last year when $5.544 billion was registered.

Thursday, January 7, 2016

According to the Bank of Guatemala, the annual increase of 13.4% was also strengthened by the $599 million that came in to the country in the last month of 2015.

Elperiodico.com.gt reports that "... remittances coming mainly from the United States accounted for resources worth $6.285 billion. The Banguat has estimated that this year US $ 6,737.2 million will come into the country via this route. "

According to the Banguat's economic manager, Oscar Monterroso, "... the average of each shipment is $350 per month. The figure is similar to the minimum wage of around 2,600 quetzales ($335). "



More on this topic

Remittances: Record Figures in Guatemala

November 2019

During October 2019, family remittances sent to the country totaled nearly $1 billion, the largest amount recorded in a single month.

The most recent figures from the Bank of Guatemala (Banguat) show that in October 2019 the country received remittances of $999.96 million, 16% more than the $863 million recorded in the same month in 2018.

Guatemala: Remittances Up 14%

October 2019

From January to September 2019, family remittances to Guatemala totaled $7.748 million, 14% more than in the same period in 2018.

The most recent figures from the Bank of Guatemala (Banguat) indicate that in September 2019 the country received remittances of $892 million, 20% more than the $745 million recorded in the same month in 2018.

Guatemala: Remittances Up 19%

July 2016

In the first half of 2016 the country received $3.512 billion in remittances, almost 20% more than in the same period in 2015.

The figure achieved in the first six months of the year contrasts with the same period in 2015, when Guatemalans living abroad sent $2,955 million back to their country.

Honduras 2014: Remittances Up 11%

January 2015

During 2014 the country received $3.44 billion in remittances, 11.2% more than what was received during the previous year.

At the end of 2014, the Central Bank of Honduras reported income of $3.44 million in remittances, which exceeds the $3.2 billion projected by the Honduran government.

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