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%).
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:
El Salvador received US$4.504.2 million in family remittances up to October 2018 with a growth of 9.1%, exceeding by US$375.3 million the income received under this concept in the same period of the previous year, informed the Central Reserve Bank. According to the CRB, only in October, US$464.9 million in remittances were received, contributing to the economy through the greater purchasing power of households that positively affects their consumption.
In the first eight months of the year, the country received $3.604 billion in family remittances, almost 10% more than in the same period in 2017.
From a report by the Reserve Bank of El Salvador:
El Salvador received US $3,604.1 million in family remittances up to August 2018, with a growth of 9.5%, exceeding by US $311.6 million the income received under this concept in the same period last year, the Central Reserve Bank reported.
As of April, family remittances so far this year totaled $1.730 billion, registering a 9% increase compared to the same period of the previous year.
From a report by the Central Bank of Honduras:
El Salvador received US $1.729.6 billion in family remittances as of April 2018, with a growth of 9.2% and exceeding by US $145.7 million the income received under this concept in the same period of the previous year, the Central Reserve Bank reported.
Between January and October, the country received $4.1 billion in remittances, registering an increase of 10% compared to the same period last year.
From a report by the Central Reserve Bank of El Salvador:
El Salvador received US $4.1123 billion in family remittances up to October 2017, reflecting a growth of 10.3% and exceeding by $384.2 million the income received under this concept in the same period last year, reported the Central Reserve Bank.