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 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.
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.
In the first ten months of the year, income from family remittances totaled $7.687 million, 13% higher than reported in the same period in 2017.
The latest data from the Bank of Guatemala show that in October 2018 the country received $864 million in remittances, 19% more than the $728 million registered in the same month in 2017.
During the first nine months of the year, income from family remittances reached $6,824 million, 12% higher than the amount reported for the same period in 2017.
The most recent figures from the Bank of Guatemala show that in September 2018 the country received remittances of $746 million, which is 11% higher than the $672 million reported for the same month in 2017.
Between January and September the flow of remittances received by the country totaled $6.097 billion, up from the $5.4 billion received up until August.
Figures from the Bank ofGuatemalashow that in September last year the country received $607 million in remittances, while in the same month this year the figure rose to $672 million.
In July, the country received $707 million in remittances, accumulating a total of $5.4 billion so far this year, up 16% from the same period in 2016.
Figures from the Bank of Guatemala show that in July last year the country received $619 million in remittances, while in July this year the figure rose to $707 million.
Between January and June of this year, Guatemalans living abroad sent back $4.051 billion in remittances, 15% more than the amount sent in the first half of 2016.
The latest figures from the Bank of Guatemala indicate that in June alone, $723 million in family remittances came into the country, 17% more than in June of last year.
Last January remittances from Guatemalans abroad amounted $394 million, $36 million more than the $357.87 million sent in the same month in 2013.
Remittances from Guatemalans from abroad make up 10% of GDP. In January 2014 $394 million was received, $36 million more than the $357.87 million reported in the same month last year, according to data from the Bank of Guatemala (Banguat).
The amount of remittances from one Central American country to another now reaches $1 billion.
Revistamyt.com reports: "The money transfer company AirPak, representative of Western Union (WU) in Central America, has announced the start of a strategy that aims to compete in the market of remittances sent by internal migrants in the isthmus."
Last October, the country received $480 million in remittances, mainly from the U.S.
Data provided by the Bank of Guatemala (Banguat) shows that the difference was $65 million. When compared with the revenue from September, growth was 14.11% as at that time $420.68 million was reported.
During the first seven months of 2013, remittances to Guatemala totalled $2,924 million, $142 million more than in the same period in 2012.
Prensalibre.com reports: "Last July, the receipt of remittances was $445.7 million, which means an increase of 5.6%, or $24 million more compared to July 2012 ($422 million) ...".
According to statistics from the Bank of Guatemala (Banguat) the amount which came in last July is also higher by 6.8% compared to June when $417 million was received.
In May, the country received $476.99 million, $25.43 million more compared to the same month in 2012 when the figure was $451.56 million.
Figures from the Bank of Guatemala (Banguat) show that foreign income, mainly from the United States during the first five months of the year was $2.06132 billion, 6.91% higher than the same period in 2012 when it totaled $1.92813 billion.
español
2311