Remittances Up to August Amount to $1.878 million
Thursday, September 13, 2012
In the first eight months of the year remittance income was $30 million more than that received in the same period of 2011.
According to information from the Central Bank of Honduras for this year the total amount of income from remittances is estimated at about $3 billion. The United States and Spain are the countries of origin of those shipments.

"In Central America the figures available until July 2012 consolidated Honduras as the third largest recipient of foreign currency, receiving in the first six months of the year 1.67 billion, behind Guatemala and El Salvador, whose revenues totaled 2.782 billion and 2.275 billion , respectively", noted an article in Laprensa.hn.

Economist Rafael Delgado said the United States remains the top destination for Honduran migrants and that 30% of people who leave the country are college-educated professionals, "This is dangerous, because we are talking not only about a labor drain but also a brain drain. "
Source:laprensa.hn
Source:laprensa.hn
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During the month of August remittances to El Salvador totaled $326.6 million, $11.2 million more than in the same period in 2012.
From a press release issued by the Central Reserve Bank of El Salvador:
Remittances to Guatemala Increase by 8.5%
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In August, total remittances received amounted to $409.5 million, 8.5% higher than in the same month in 2010.
In July remittances reported a decline of 9% compared to the same month in 2010.
Remittances to Guatemala increase by 8.7%
May 2011
In the first quarter of the year, remittance income increased by 8.7%, $108.4 million, compared to the same period in 2010.
According to the Bank of Guatemala, in April alone, $371.2 million entered the country, an increase of 7.8% compared to $344.4 million in the same period in 2010.
Remittances to El Salvador as of March Reach $866 Million
April 2011
Remittances, vital for the country's economy, saw a 4.5% increase, year-on-year in the first quarter of 2011.
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Key entities
Central Bank of Honduras
Countries
Honduras
Insight
Economics
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Central Bank of Honduras
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Remittance
Remittances
Remittances increase
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