Remittances up 8% in January 2019

During the first month of the year, remittances from abroad to Guatemala totaled $688 million, 8% more than what was received in January 2018.

Friday, February 8, 2019

According to figures from the Bank of Guatemala, in January 2019 the country received $688 million in remittances, 8% more than the $635 million recorded in the same month in 2018.

In the last seven years, the amount of family remittances reported in January has doubled, with $305 million recorded in the first month of 2012 and $688 million in 2019.

The $688 million received in January of this year was below the average monthly income from remittances received during 2018, when the flow reached $774 million on average.

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More on this topic

Remittances: Growth Keeps Accelerating

June 2019

During the first five months of 2019, family remittances sent to Guatemala totaled $4.045 million, 12% more than the same period last year, growth that is higher than the 8% reported from January to May 2018.

The latest figures from the Bank of Guatemala show that in May 2019 the country received remittances of $974 million, 21% more than the $809 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.

Remittances in Honduras Begin the Year Upwards

February 2019

In the first month of 2019, the country received $402 million in family remittances, 17% more than in January of the previous year.

According to figures from the Central Bank of Honduras, during January of this year the country received family remittances of $402 million, a figure that is $60 million higher than the $342 registered in the same month of 2018.

Remittances to Nicaragua Up 8% in 2018

January 2019

In accordance with the behavior that has been reported in recent years, in 2018 the country received $1.5 billion in family remittances, 8% more than that recorded in 2017.

The report of the Central Bank of Nicaragua states that "... According to monthly data published, remittances totaled 149.5 million dollars in December (US$136.7 million in December 2017), which meant a 9.4 percent year on year variation."

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