Remittances to Guatemala Increase 9%
Thursday, April 7, 2011
In the first three months of the year the country received $972 million, 9.2% more than in the same period of 2010.
Remittances are getting close to 2008 levels; in the first three months of that year Guatemalans received $973 million.

Banguat data shows that foreign grew 9.2% from $890 million to $972 million between 2010 and 2011.

"Should this trend continue, remittances could top the 2008 record of $4.31 billion. In 2009, the country received $3.91 billion while in 2010 it recorded $4.13 billion", reported
More on this topic
Remittances in Guatemalan Economy
April 2012
In 2011 remittances grew by 5% compared to 2010; so far 2012 the amounts have already exceed those from the same period in 2009, making up 10%-11% of Guatemala's GDP.
In 2011, remittances to Guatemala exceeded the record highs of 2007 and 2008, before the global crisis. Last year, Guatemalan migrants sent home $4.378 billion, according to the Bank of Guatemala (Banguat).
Remittances to Guatemala Back to Pre-Crisis Levels
March 2012
With the receipt of $655 million in January and February, the level of remittances from the United States now exceeds the level recorded in the first two months of 2008.
The Bank of Guatemala (Banguat) reported that between January and February this year they received $655.4 million in remittances, an increase of 11.4% on the $587.9 million recorded in the same period in 2011 and 3.5% more than the $632.9 million recorded in the first two months of 2008, at the very beginning of the global crisis, according to an article on
Guatemala: Remittances Grow by 9%
July 2011
In the first six months of the year more than $2,000 million came into the country from abroad.
Remittances sent by Guatemalan families living abroad have increased by 9.3% compared to the first half of 2010.
Guatemala: Historical Income in Remittances in May
June 2011
The reported monthly income of $415.3 million is the highest in the country's history.
According to the Banco de Guatemala (Banguat) it represents an increase of 16% compared to the same month in 2010.
Key entities
Bank of Guatemala
Bank of Guatemala
Remittances increase
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