Remittances in Guatemala up 13%

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.

Wednesday, November 7, 2018

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.

Between the first ten months of 2011 and the same period in 2018, remittance income has almost doubled, up from $3.656 million in 2011 to $7.687 million in 2018.

The 13% increase recorded from January to October of this year with respect to the same period in 2017, reflects a slowdown in the growth of remittance flows, since for the first ten months of 2016 and 2017 were reported increases of 14% and 16%, respectively.

The income for the tenth month of this year totaled $864 million, an amount surpassing the average value of remittances received during the October months of the last five years, since the flow reaches an average of $580 million.

See statistics.

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

Request more information about our Regional Economic Monitor.

Name:

Last Name:

Company:

Title:

Phone:

Email:

Comments:

More on this topic

Remittances: Record Figures in Guatemala

November 2019

During October 2019, family remittances sent to the country totaled nearly $1 billion, the largest amount recorded in a single month.

The most recent figures from the Bank of Guatemala (Banguat) show that in October 2019 the country received remittances of $999.96 million, 16% more than the $863 million recorded in the same month in 2018.

Remittances Increase 13% up to July 2019

August 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.

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.

Remittances increased 12% in the 1st Semester

July 2019

During the first six months of 2019, family remittances sent to Guatemala totaled $4.927 million, 12% more than the same period last year, growth that is higher than the 9% reported from January to June 2018.

The latest figures from the Bank of Guatemala detail that in June 2019 the country received remittances of $882 million, amount that is 10% higher than the $801 million registered in the same month of 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.

 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

(Nov 18)
Brent Crude Oil
61.780
Coffee "C"
109.3
Gold
1,465
Silver
16.87