Guatemala: Remittances Up 19%

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

Thursday, July 7, 2016

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.

Elperiodico.com.gt reports that "...For the fourth consecutive month income from family remittances exceeded $600 million. According to the Central Bank, Guatemalan households received $614.7 million in June in transfers from abroad. "

"...Last year in the same month, Guatemalan migrants sent back $536 million, representing growth of 14.6%. "



More on this topic

Nicaragua: Remittances Up 8% in July 2018

August 2018

In the first seven months of the year, the country received $849 million in the form of remittances sent from abroad, registering an increase of 8% compared to the same period in 2017.

The Central Bank of Nicaragua reported that remittances totaled 124.4 million dollars in July (US $122.4 million in July 2017), which meant a year-on-year variation of 1.6%.

Nicaragua 2014: Remittances Up 5%

February 2015

Revenues from remittances sent by Nicaraguans living abroad during 2014, amounted to $1,135 million, 5.3% more than in 2013.

According to the Central Bank of Nicaragua (BCN) during the month of December more remittances were received than during the rest of the year, reporting a total of $116.6 million. This exceeds the amount recorded in the same month of 2013, when $111 million came into the country.

Guatemala: Remittances Maintain Growth

October 2014

In the first nine months of the year, foreign exchange remittances rose by 9.1%, or $348 million more than in the same period in 2013.

The rate of growth of the amount of money sent by Guatemalans living abroad has shown signs of recovery in recent months, after less rapid growth during the USA's economic crisis, between 2009 and 2012, was recorded.

Guatemala: Remittances Up 9%

July 2014

In the first half of the year Guatemalans living abroad sent $2.703 billion, 9% more than in the same period in 2013.

Net remittances from January to June were up from the $2.478 million which the country received in the same period in 2013, despite an increase in the number of deportations of undocumented Central Americans.

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