No growth in remittances to Honduras in 2009
Sunday, May 18, 2008
The Central Bank of Honduras (BCH) estimates that in 2009 the growth in remittances will be 0% compared to this year.
As of December, the BCH estimates that income from remittances will be $2.7 billion, an increase of between 8 to 9% compared to the same period in 2007.

The president of the Bank, Edwin Araque, said that the amount that they will receive in remittances next year will be similar to the $2.7 billion for this year.
More on this topic
Honduras Receives $8.5 million a Day in Remittances
January 2014
In 2013 remittances sent to Hondurans from abroad increased by 7.1% compared to 2012, reaching a record $3.1 billion.
In 2013 foreign exchange earnings from remittances reached the $3.1 billion milestone, setting a record in recent years, while in 2012 the level reported was $2.8939 billion. It is estimated that 2014 revenues will be about $3.286 billion, growing by 6%.
Remittances for $13.06 billion to Central America in 2011
March 2012
By country: Guatemala $4.37 billion; El Salvador $3.65 billion; Honduras $2.86 billion; Nicaragua $1.05 billion; Panama $592 millions; Costa Rica $530 millions.
Inter-American Development Bank Report:
El Salvador: Remittances Drop 10% in 2009
December 2009
2009 will mark the first time in 25 years in which remittances drop when compared to the previous year.
From January to October 2009, the country received $2.8 billion, and according to Central Bank estimates, the final figure for 2009 could be $3.4 billion.
Remittances to Honduras increased 7.3% in 2008
January 2009
Remittances sent to Honduras totaled $2.7 million, according to the Central Bank of Honduras (BCH).
Proceso Digital reports on its website: "Despite the increase, it was less in 2007-2008 than in 2006-2007, when it was 11.6%, it was said.
Key entities
Central Bank of Honduras
remittance decline
Central Bank of Honduras
Central Reserve Bank of El Salvador
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