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.
In the first nine months of this year, the country received $4.159 million in remittances, surpassing in 4% what was reported in the same period of 2018.
During September the country recorded $459 million in remittances, more than the $429.3 million received 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.
From January to August of this year, the country received $3.791 million in family remittances, an amount 12% higher than that reported in the same period in 2018.
According to figures from the Central Bank of Honduras, between the first eight months of 2018 and the same period this year, the flow of family remittances grew by $391 million, from $3.4 billion to $3.791 billion.
In the first eight months of this year, the country received $3.7 billion in remittances, 4% more than in the same period in 2018.
Family remittances received by El Salvador from January to August 2019 reached $3.7 billion with a 4.1% growth, equivalent to an additional $146.5 million over the same period last year, according to the Central Reserve Bank.
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.
From January to July of this year, the country received $3.125 million in family remittances, an amount 12% higher than that reported in the same period in 2018.
According to figures from the Central Bank of Honduras, between the first seven months of 2018 and the same period this year, the flow of family remittances increased by $325 million, from $2.800 million to $3.125 million.
In the first seven months of this year, the country received $3.229 million in remittances, surpassing in 4% what was reported in the same period of 2018.
The country's central zone captured 36.2% of total remittances, equivalent to $1,168.4 million, followed by the eastern zone with 32.5%, or $1,049.7 million, while the western zone totaled $539.3 million this represents 16.7% and the central zone received $391.1 million equivalent to 12.1% of the total, reported the Central Reserve Bank.
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.
In the first six months of this year, the country received $2.685 million in family remittances, an amount 11% higher than that reported in the same period in 2018.
Figures from the Central Bank of Honduras show that between January and June 2018 and the same period this year the flow of family remittances grew by $266 million, from $2.419 million to $2.685 million.
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.
From January to June of this year, El Salvador received $2.744 million in remittances, 4% more than in the same period of 2018.
According to data from the Central Reserve Bank (BCR), the central zone captured the largest amount of family remittances with $989.8 million, equivalent to 36.1% of the total, followed by the eastern zone with $896 million, which constitutes 32.7% of total remittances, the institution reported.
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, 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).
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