Remittances to El Salvador Up 10%

In the first half of the year, the country received $3.152 billion in the form of remittances, 10% more than in the same period in 2017.

Thursday, August 16, 2018

From a report by the Reserve Bank of El Salvador:

El Salvador received US $3.1526 billion in family remittances up to July 2018, which represents growth of 9.5%, which is US $ 272.5 million more than the income received under this concept in the same period last year, reported the Central Reserve Bank.

According to the institution, in the month of July alone, US $ 464 million was received in remittances, which is 10.3% more than in the same month last year.

In this period, remittances from 149 countries were received: the United States stood out with US $2.9432 billion, equivalent to 93.4% of total remittances, including cash and top ups; followed by the European Union with US $29.2 million (0.9%) and Canada with US $27.5 million (0.9%).

Read full report (in Spanish).

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El Salvador: Remittances Increase 9%

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In the first ten months of the year, the country received $4.504 million in family remittances, 9% more than what was reported in the same period of 2017.

From the statement of the Central Reserve Bank:

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From a report by the Reserve Bank of El Salvador:

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From a report by the Central Bank of Honduras:

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From a report by the Central Reserve Bank of El Salvador:

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