Remittances in Guatemala: Record figure in 2018

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.

Thursday, January 10, 2019

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.

Between 2011 and 2018, remittance income has nearly doubled, rising from $4.378 million to $9.288 million in 2018.

The year-on-year increase of 13% recorded in 2018 represents a slowdown in the growth of remittance flows, since for 2016 and 2017 growths of 14% and 15%, respectively, were reported.

Income for the last month of 2018 totaled $843 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 $588 million on average.

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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 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 up 13%

November 2018

In the first ten months of the year, income from family remittances totaled $7.687 million, 13% higher than reported in the same period in 2017.

The latest data from the Bank of Guatemala show that in October 2018 the country received $864 million in remittances, 19% more than the $728 million registered in the same month in 2017.

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