Nicaragua: Remittances Increase by 7%

During the first two months of 2019, family remittances received by the country totaled $247 million, 7% more than what was reported for the same period in 2017.

Tuesday, April 16, 2019

According to published monthly data, remittances totaled $122.3 million in the second month of the year, which represented a 4.6% year-on-year variation with respect to the $116.9 million recorded in February 2018, informed the Central Bank of Nicaragua (BCN).

The statement of the NCB adds that "... Of the total remittances received to February (accumulated) 53.8 percent were from the United States, followed by Costa Rica (19.8%).

Finally, the number of total transactions recorded up to February grew 9.7 percent over the same period in 2018.
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Nicaragua: Remittances Increase 9% up to March 2019

April 2019

During the first three months of 2019, the flow of remittances that arrived in the country totaled $384 million, 9% more than what was reported in the same period of 2018.

According to published monthly data, remittances totaled $137.3 million in the third month of the year, which represented an 11% year-on-year variation with respect to the $123.6 million recorded in March 2018, informed the Central Bank of Nicaragua (BCN).

Remittances to Nicaragua Keep Rising

December 2018

In the first ten months of the year, the country received $1.226 million in remittances from abroad, an increase of almost 8% compared to the same period in 2017.

The Central Bank of Nicaragua (BCN) reported that remittances totaled US$128.9 million in October (US$118.5 million in October 2017), an 8.8 percent year-on-year variation.

Remittances in Nicaragua: 9% Rise up to June 2018

July 2018

In the first six months of the year, the country received $725 million in remittances from abroad, which is a 9% increase compared to the same period in 2017.

The Central Bank of Nicaragua reported that remittances totaled 115.2 million dollars in June (US $111.1 million in June 2017), which meant an increase of 3.7 percent.

Nicaragua: Remittances Up 10% up to September 2017

December 2017

In the first nine months of the year, the flow of remittances that came into the country totaled $1,138 million, registering a 10% increase compared to the same period in 2016.

From a report by the Central Bank of Nicaragua:

Remittances received by the Nicaraguan economy amounted to 355.6 million dollars in the third quarter of 2017, which meant a growth of 13.6 percent over the same period in 2016 (US $312.9 million), continuing the positive trend seen since 2010.

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