Nicaragua: Remittances Start the Year on the Rise

In January 2018, the country received a total of $113 million in the form of remittances from abroad, 11% more than in the same month in 2017.

Friday, March 2, 2018

"ltr">The Central Bank of Nicaragua reported that in January 2018 "remittances totaled 112.9 million dollars (US $102.1 million in 2017), presenting a year-on-year growth rate of 10.6 percent with respect to what was observed in 2017."

He added that " ... of the total remittances received in January, 53.3 percent of the flows came from the United States, followed by Costa Rica, with a share of 21.0 percent. "

The year-on-year growth of 11% registered in the first month of this year is lower than the 12% increase reported in January 2017. 

See complete statistics.

More on this topic

Remittances in Guatemala: Record figure in 2018

January 2019

Last year, the flow of family remittances registered by the country reached the highest annual amount, with $9.288 million, 13% more than in 2017.

The most recent figures from the Bank of Guatemala show that in December 2018 the country received $843 million in remittances, 17% more than the $720 million recorded in the same month in 2017.

Remittances to Nicaragua Increase 8%

October 2018

During the first nine months of the year, the country received remittances from abroad for $1.097 million, recording an increase of 7.6% over the same period in 2017.

The Central Bank of Nicaragua (BCN) reported that remittances totaled 121.7 million dollars in September (US$112.8 million in September 2017), which resulted in a year-on-year variation of almost 8%.

Nicaragua: Remittances Up 8% in August 2018

September 2018

In the first eight months of the year, the country received $976 million in the form of remittances sent from abroad, registering an increase of 7.6% compared to the same period in 2017.

The Central Bank of Nicaragua reported that remittances totaled $126.7 million in August (US $120.4 million in August 2017), which represents an interannual variation of 5.2 percent.

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%. "

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