Guatemala: Remittances Up 9%

In the first two months of 2019, income from family remittances in the country totaled $1.379 million, 9% more than in the same period last year.

Thursday, March 7, 2019

The most recent data from the Bank of Guatemala show that in February 2019 the country received $690 million in remittances, 10% more than the $630 million recorded in the same month in 2018.

Between the first two months of 2012 and the same period in 2019, remittance income has almost doubled, from $655 million in 2012 to $1.379 million in 2019.

The 9% increase registered from January to February of this year with respect to the same period of 2018 represents an acceleration in the flow of remittances, since for the first two months of 2018 a 5% growth was reported.

Income for the second month of this year totaled $690 million, an amount that exceeded the average value of remittances received during the November months of the last five years, since the flow reaches an average of $524 million.

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More on this topic

Guatemala: Remittances Increase by 19%

March 2020

During the first two months of 2020, family remittances sent to the country amounted to Ch$1,643 million, 19% more than reported for the same period in 2019.

Official figures from the Bank of Guatemala detail that in February 2020 the country received remittances of $808 million, an amount that exceeds by 17% the $690 million registered in the same month of 2019.

Remittances Total $9.567 Million up to November

December 2019

From January to November 2019, family remittances sent to Guatemala totaled $9,567 million, 13% more than what was reported in the same period in 2018.

According to the most recent figures from the Bank of Guatemala, in November 2019 the country received $819 million in remittances, 8% more than the $757 million recorded in the same month in 2018.

Remittances in Guatemala: Growth Accelerates

May 2019

During the first four months of 2019, family remittances totaled $3.070 million, 10% more than the same period last year, growth that is higher than the 8% reported from January to April 2018.

The latest figures from the Bank of Guatemala show that in April 2019 the country received $865 million in remittances, 12% more than the $770 million recorded in the same month in 2018.

Guatemala: Remittances Increased 9% up to March 2019

April 2019

In the first three months of 2019, income from family remittances in the country totaled $2,205 million, 9% more than in the same period last year.

The latest figures from the Bank of Guatemala show that in March 2019 the country received $826 million in remittances, 10% more than the $754 million recorded in the same month in 2018.

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