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).
Billions of dollars that alleviate poverty but put conditions on the productive development of Central American countries.
Taking the example of El Salvador, whose economy over the last 20 years has received $40 billion dollars sent by Salvadorans from abroad, an article by Roberto Flores in Alainet.org points to the extraordinary influence of the phenomenon in reducing the poverty-despite the stagnation of the Salvadoran economy-but also its involvement in the country's productive matrix.
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