Honduras: Remittances Up 10% by May 2019

In the first five months of this year, the country received $2.346 million in family remittances, 9.6% more than in the same period in 2018.

Tuesday, June 25, 2019

Figures from the Central Bank of Honduras show that between January and May 2018 and the same period this year the flow of family remittances grew by $206 million, from $2.140 million to $2.346 million.

Elheraldo.hn reports that "... 80% of family remittances come from the United States, where more than one million Hondurans live, while 8% are sent from Spain and the rest from other countries."

The article adds that "... Analysts estimate that as a result of the increase in migration, remittances will exceed the expected amount. 90% of those who receive remittances use them to cover basic needs such as food, clothing and payment of services."

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Honduras: Remittances Increase 6% up to April 2019

May 2019

In the first four months of this year, the country received $1.698 million in family remittances, 6.4% more than in the same period of 2018.

Figures from the Central Bank of Honduras show that from January to April of this year the country received family remittances of $1.698 million, a figure that is $103 million higher than the $1.595 registered in the first four months of 2018.

Honduras: Remittances Up 12% by February 2019

March 2019

In the first two months of 2019, the country received $776 million in family remittances, an amount 12% higher than that reported in the same period of the previous year.

According to figures from the Central Bank of Honduras, during the first two months of this year the country received family remittances of $776 million, a figure that is $85 million higher than the $691 registered in the first two months of 2018.

El Salvador: Remittances Up 9% up to May 2018

June 2018

Between January and May, family remittances received by the country totaled $2.228 billion, registering an increase of 8.9% compared to the same period in the previous year.

The Central Reserve Bank reported that " ... El Salvador received US $2.2276 billion in family remittances up to May 2018, an additional US $182.9 million (8.9% more) than the income received under this concept in the same period in the previous year, reported the Central Reserve Bank. In the month of May alone, the country received US $ 493.7 million, with a year-on-year growth of 7.1%. "

Honduras: Remittances Up 10%

May 2018

During the first four months of 2018, remittances received from abroad totaled $1.579 billion, 10% more than was received in the same period in 2017.

According to figures from the Central Bank of Honduras (BCH), between January and May 3, 2018 the country received $1.579 billion in remittances, an amount that exceeds by 10% the $1.433 billion registered in the same period last year.

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