Although forecasts at the start of the pandemic were pessimistic, during 2020 the country received remittances of $11.34 billion, an amount that is 8% higher than the $10.58 billion recorded in 2019.
According to the most recent report from the Bank of Guatemala, only in December, remittances amounted to $1.164 billion, 24% more than those reported in the same month in 2019, when the figure was $941 million.
Due to the spread of the covid-19, family remittances sent to the country fell in March, April and May; however, the trend was reversed in June, when a 9% year-on-year variation was registered.
The most recent data from the Bank of Guatemala show that in the first six months of 2020 the country received remittances for $4.88 billion, an amount that is 1% lower than the $4.92 billion registered in the same period in 2019.
During the first two months of 2020, family remittances sent to the country amounted to Ch$1,643 million, 19% more than reported for the same period in 2019.
Official figures from the Bank of Guatemala detail that in February 2020 the country received remittances of $808 million, an amount that exceeds by 17% the $690 million registered in the same month of 2019.
During the first month of the year, family remittances sent to Guatemala registered a 22% year-on-year variation, a rise that exceeds the 8% increase registered in the same period in 2018.
According to the most recent figures from the Bank of Guatemala, in January 2020 the country received remittances of $834 million, an amount that exceeds by $46 million that registered in the same month of 2019.
Last year, family remittances sent to Guatemala totaled $10.508 million, 13% more than what was reported in 2018.
According to the latest figures from the Bank of Guatemala, in December 2019 the country received remittances of $941 million, an amount that exceeds by 12% the $843 million registered in the same month in 2018.
Between 2013 and 2019 remittance income has almost doubled, as figures rose from $5,105 million in 2013 to $10,508 million in 2019.
From January to November 2019, family remittances sent to Guatemala totaled $9,567 million, 13% more than what was reported in the same period in 2018.
According to the most recent figures from the Bank of Guatemala, in November 2019 the country received $819 million in remittances, 8% more than the $757 million recorded in the same month in 2018.
Between the first eleven months of 2013 and the same period in 2019, remittance income practically doubled, from $4.658 million in 2013 to $9.568 million in 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.
According to official data for the period from January to October 2019, family remittances sent to Guatemala totaled $8.747 million, 14% more than in the same period in 2018.
From January to September 2019, family remittances to Guatemala totaled $7.748 million, 14% more than in the same period in 2018.
The most recent figures from the Bank of Guatemala (Banguat) indicate that in September 2019 the country received remittances of $892 million, 20% more than the $745 million recorded in the same month in 2018.
Between the first nine months of 2013 and the same period in 2019, remittance income practically doubled, from $3.801 billion in 2013 to $7.748 billion in 2019.
From January to August 2019, family remittances to Guatemala totaled $6.855 million, 13% more than in the same period in 2018.
The most recent figures from the Bank of Guatemala indicate that in August 2019 the country received $981 million in remittances, 14% more than the $860 million recorded in the same month in 2018.
Between the first eight months of 2013 and the same period in 2019, remittance income practically doubled, from $3.380 million in 2013 to $6.855 million in 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.
Between the first seven months of 2013 and the same period in 2019, remittance income practically doubled, from $2.924 million in 2013 to $5.875 million in 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.
During the first five months of 2019, family remittances sent to Guatemala totaled $4.045 million, 12% more than the same period last year, growth that is higher than the 8% reported from January to May 2018.
The latest figures from the Bank of Guatemala show that in May 2019 the country received remittances of $974 million, 21% more than the $809 million recorded in the same month in 2018.
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.
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.
Between the first quarter of 2012 and the same period of 2019, remittance income has practically doubled, as figures rose from $1,058 million in 2012 to $2,205 million in 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.
Between the first two months of 2012 and the same period in 2019, remittance income has almost doubled, from $655 million in 2012 to $1.379 million in 2019.