Guatemala: Remittances increase 12% up to September 2018

During the first nine months of the year, income from family remittances reached $6,824 million, 12% higher than the amount reported for the same period in 2017.

Thursday, October 4, 2018

The most recent figures from the Bank of Guatemala show that in September 2018 the country received remittances of $746 million, which is 11% higher than the $672 million reported for the same month in 2017.


Remittance incomes have almost doubled between the first nine months of 2011 and the same period in 2018, increasing from $3.299 million in 2011 to $6.824 million in 2018.

January-September of this year was 12% higher than the same period in 2017, representing a decrease in the growth of the flow of remittances, given that for the first nine months of 2016 and 2017 growths of 15% and 16%, respectively, were reported.

For the ninth month of this year, income reached $746 million, an amount that exceeded the average value of remittances received during the months of September of the last five years, since the flow reaches an average of $540 million.

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More on this topic

Remittances increased 12% in the 1st Semester

July 2019

During the first six months of 2019, family remittances sent to Guatemala totaled $4.927 million, 12% more than the same period last year, growth that is higher than the 9% reported from January to June 2018.

The latest figures from the Bank of Guatemala detail that in June 2019 the country received remittances of $882 million, amount that is 10% higher than the $801 million registered in the same month of 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.

Remittances in Guatemala up 13%

November 2018

In the first ten months of the year, income from family remittances totaled $7.687 million, 13% higher than reported in the same period in 2017.

The latest data from the Bank of Guatemala show that in October 2018 the country received $864 million in remittances, 19% more than the $728 million registered in the same month in 2017.

Honduras: Remittances Increase 9%

October 2018

Family remittances reached $3.509 million during the first nine months of the year, 9% more than the same period last year.

According to the figures from the Central Bank of Honduras, the country received family remittances for $295 million in the ninth month of the year, and from January to September it has received a monthly average of $389 million.

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