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Logo Central America Link

Guatemala is first in remittances

Monday, January 18, 2016


 

Central America’s leader in remittances last year was Guatemala, with $ 6.1 billion, according to Western Union (Spanish only).

Honduras placed second with $3.8 billion, but at 11% had the largest growth.

Costa Rica, which depends little on remittances, received $507 million, almost the same as last year.

Overall, remittances to the isthmus increased by 7% to $15.8 billion (data is based on information from the region's central banks and from Western Union’s own transactions; Panama is not included).

 

1             Guatemala

2             Honduras

3             El Salvador

4             Nicaragua

5             Costa Rica