Remittances Exceeded $10 Billion in 2019

Last year, family remittances sent to Guatemala totaled $10.508 million, 13% more than what was reported in 2018.

Thursday, January 9, 2020

According to the latest figures from the Bank of Guatemala, in December 2019 the country received remittances of $941 million, an amount that exceeds by 12% the $843 million registered in the same month in 2018.

Between 2013 and 2019 remittance income has almost doubled, as figures rose from $5,105 million in 2013 to $10,508 million in 2019.

Income for December this year totaled $940 million, an amount that exceeded the average value of remittances received during the months of December of the last five years, since the flow reaches an average of $667 million.

See full figures (in Spanish).

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More on this topic

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.

Guatemala: Remittances Up 9%

March 2019

In the first two months of 2019, income from family remittances in the country totaled $1.379 million, 9% more than in the same period last year.

The most recent data from the Bank of Guatemala show that in February 2019 the country received $690 million in remittances, 10% more than the $630 million recorded in the same month in 2018.

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.

Guatemala: Remittances Up 4%

April 2018

During the first quarter of 2018, remittances sent from abroad to Guatemala totaled $2.019 billion, 4% more than the total received in the same period in 2017.

According to figures from the Banco de Guatemala, in March 2018 the country received $754 million in remittances, an amount that exceeds by 2% the $740 million registered in the same month in 2017. 

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