During the first six months of 2019, the country received $797 million in remittances, 10% more than the amount reported in the same period last year.
In June of this year, remittances totaled $134.3 million dollars, which represented a 16.6% increase over the same month in 2018, informed the Central Bank of Nicaragua.
Guatemala's business sector responded with concern to President Trump's warning about imposing export tariffs and levies on remittances and transfers.
The announcement made by the president of the United States comes after the Guatemalan Constitutional Court issued a ruling in which it limits its foreign policy functions to the Executive, by granting a provisional injunction that prevents the negotiation or signing of any agreement.
During the first five months of 2019, the country received $662 million in remittances, 9% more than in the same period of 2018, surpassing the 8% year-on-year variation recorded in April.
In May, remittances totaled $144 million dollars ($127.1 million in May 2018), which meant a 13.3% year-on-year growth, reported the Central Bank of Nicaragua (BCN).
During the first four months of 2019, the flow of remittances reaching the country totaled $518 million, 8% more than that reported in the same period of 2018.
According to published monthly data, remittances totaled $134.5 million in April ($128.9 million in April 2018), which meant a 4.3 year-on-year variation reported the Central Bank of Nicaragua (BCN).
During the first three months of 2019, the flow of remittances that arrived in the country totaled $384 million, 9% more than what was reported in the same period of 2018.
According to published monthly data, remittances totaled $137.3 million in the third month of the year, which represented an 11% year-on-year variation with respect to the $123.6 million recorded in March 2018, informed the Central Bank of Nicaragua (BCN).
During the first two months of 2019, family remittances received by the country totaled $247 million, 7% more than what was reported for the same period in 2017.
According to published monthly data, remittances totaled $122.3 million in the second month of the year, which represented a 4.6% year-on-year variation with respect to the $116.9 million recorded in February 2018, informed the Central Bank of Nicaragua (BCN).
During last year, family remittances sent to the country totaled $1.501 million, 7.9% more than the $1.391 million reported in 2017.
In terms of year-on-year growth, Nicaragua ranks fifth as a recipient of family remittances at the regional level. Remittances to Honduras registered the highest growth in the region, 14%, followed by Guatemala (13.4%) and the Dominican Republic (10.4%), according to a report by the Central Bank of Nicaragua (BCN).
During 2018, family remittances to Central American countries and the Dominican Republic totaled $28.670 million, of which $9.288 million went to Guatemala.
In 2018, family remittances to Central America and the Dominican Republic (CARD) grew 11%, showing a slight slowdown with respect to what was observed in 2017 (12.0%). This slight slowdown was observed in all countries except Honduras, explained the Economic Commission for Latin America (ECLAC).
In accordance with the behavior that has been reported in recent years, in 2018 the country received $1.5 billion in family remittances, 8% more than that recorded in 2017.
The report of the Central Bank of Nicaragua states that "... According to monthly data published, remittances totaled 149.5 million dollars in December (US$136.7 million in December 2017), which meant a 9.4 percent year on year variation."
In the first eleven months of last year, the country received remittances from abroad for $1.352 million, recording an increase of almost 8% over the same period in 2017.
A report from the Central Bank of Nicaragua details that "... Remittances totaled 125.4 million dollars in November 2018 (US$116.0 million in November 2017), an 8.1% year-on-year variation."
In the first ten months of the year, the country received $1.226 million in remittances from abroad, an increase of almost 8% compared to the same period in 2017.
The Central Bank of Nicaragua (BCN) reported that remittances totaled US$128.9 million in October (US$118.5 million in October 2017), an 8.8 percent year-on-year variation.
In the January-October 2018 period, remittances received by the Nicaraguan economy totaled US$ 1,226.3 million, a 7.7% increase over the same period in 2017.
During the first nine months of the year, the country received remittances from abroad for $1.097 million, recording an increase of 7.6% over the same period in 2017.
The Central Bank of Nicaragua (BCN) reported that remittances totaled 121.7 million dollars in September (US$112.8 million in September 2017), which resulted in a year-on-year variation of almost 8%.
In the first eight months of the year, the country received $976 million in the form of remittances sent from abroad, registering an increase of 7.6% compared to the same period in 2017.
The Central Bank of Nicaragua reported that remittances totaled $126.7 million in August (US $120.4 million in August 2017), which represents an interannual variation of 5.2 percent.
In the first seven months of the year, the country received $849 million in the form of remittances sent from abroad, registering an increase of 8% compared to the same period in 2017.
The Central Bank of Nicaragua reported that remittances totaled 124.4 million dollars in July (US $122.4 million in July 2017), which meant a year-on-year variation of 1.6%.
In the first six months of the year, the country received $725 million in remittances from abroad, which is a 9% increase compared to the same period in 2017.
The Central Bank of Nicaragua reported that remittances totaled 115.2 million dollars in June (US $111.1 million in June 2017), which meant an increase of 3.7 percent.