Remittances Increase 13% up to July 2019

During the first seven months of 2019, family remittances to Guatemala totaled $5.875 million, 13% more than in the same period in 2018.

Thursday, August 8, 2019

According to the most recent figures from the Bank of Guatemala, in July 2019 the country received $948 million in remittances, 16% more than the $818 million recorded in the same month in 2018.

Between the first seven months of 2013 and the same period in 2019, remittance income practically doubled, from $2.924 million in 2013 to $5.875 million in 2019.

The 13% increase recorded from January to July of this year with respect to the same period in 2018, represents an acceleration in the growth of the flow of remittances, since for the first seven months of 2018 a growth of 13% was reported.

Income for the seventh month of this year totaled $948 million, amount that exceeded the average value of remittances received during the months of July of the last five years, since the flow reaches an average of $620 million.

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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 Increased 9% up to March 2019

April 2019

In the first three months of 2019, income from family remittances in the country totaled $2,205 million, 9% more than in the same period last year.

The latest figures from the Bank of Guatemala show that in March 2019 the country received $826 million in remittances, 10% more than the $754 million recorded in the same month in 2018.

Guatemala: Remittances Up 12% in August 2018

September 2018

In the first eight months of the year, income from family remittances totaled $6.077 billion, exceeding by 12% the amount reported in the same period in 2017.

The most recent figures from Banco de Guatemala show that in August 2018 the country received $860 million in the form of remittances, an amount that exceeds by 22% the $708 million registered in the same month in 2017. 

Guatemala: Remittances Up 11% in July 2018

August 2018

In the first seven months of the year, income from family remittances totaled $818 million, exceeding by 11% the amount reported in the same period in 2017.

The most recent figures from Banco de Guatemala show that in July 2018 the country received $818 million in remittances, an amount that exceeds by 23% the $644 million registered in the same month in 2017. 

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