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 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.
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.
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.
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.
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 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.
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).
During the first month of the year, remittances from abroad to Guatemala totaled $688 million, 8% more than what was received in January 2018.
According to figures from the Bank of Guatemala, in January 2019 the country received $688 million in remittances, 8% more than the $635 million recorded in the same month in 2018.
Last year, the flow of family remittances registered by the country reached the highest annual amount, with $9.288 million, 13% more than in 2017.
The most recent figures from the Bank of Guatemala show that in December 2018 the country received $843 million in remittances, 17% more than the $720 million recorded in the same month in 2017.