Remittances Still Growing in 2018

During the first two months of 2018, remittances sent from abroad to Guatemala totaled $1.265 billion, 5% more than the total received in the same period in 2017.

Thursday, March 8, 2018

n dir="ltr">According to figures from the Banco de Guatemala, in January and February of 2018 the country received $1.265 million in the form of remittances, an amount that exceeds by 5% the $1.202 billion registered in the first two months of 2017. 

Between the first two months of 2011 and 2018 remittance revenues practically doubled, as the figures went up from $587 million in 2011 to $1.264 billion in 2018. 

This form of income in the second month of this year totaled $630 million, an amount that exceeded the average value of remittances received during the months of February over the last five years, which was $523 million. 

See statistics (in Spanish).

Do you need to keep track of the key economic indicators in Central America?

Request more information about our Regional Economic Monitor.








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Remittances Still Growing in Honduras

June 2018

During the first five months of 2018, remittances received from abroad totaled $1.974 billion, 9% more than the amount received in the same period in 2017.

According to figures from the Central Bank of Honduras (BCH), between the first five months of 2017 and 2018, the country saw an increase in the volume of remittances received, rising from $1.812 billion to $1.974 billion. 

Growing Remittances in El Salvador

April 2014

During the first quarter of the year remittance flows sent to the country increased by 7.8% compared to the same period in 2013.

Between January and March 2014 Salvadorans living abroad sent a total of $989.1 million, $71.8 million more than in the first three months of 2013, according to the Central Reserve Bank of El Salvador (BCR).

El Salvador Receives $2.708 million in Remittances

October 2011

From January to September, the country’s remittances were 5.3% more than in the same period in 2010.

In September alone, $286 million came into the country, exceeding the $26 million that came in September 2010.

The largest increase was recorded in the third quarter (July-September), being 7.3% more than in the same period last year.

Remittances to Guatemala Increase by 8.5%

September 2011

In August, total remittances received amounted to $409.5 million, 8.5% higher than in the same month in 2010.

In July remittances reported a decline of 9% compared to the same month in 2010.

According to the Bank of Guatemala, between January and August the total amount of remittances coming into the country was $2.934 million, 6.7% higher than the $2.748 million in the same period of 2010.

 close (x)

Receive more news about Economics

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Jan 22)
Brent Crude Oil
55.280
Coffee "C"
128.5
Gold
1,860
Silver
25.535