Colorful city in Guatemala

Guatemala Remittances December 2019

Guatemala: Growth in remittances picks up in December

Remittances from workers abroad grew 11.6% year-on-year in December, up from the 8.3% increase registered in November. Remittances totaled USD 940.8 million in December, up from the USD 843.3 million recorded in the same month last year and the USD 819.9 million logged in November. Growth in the 12-month moving sum ticked down to 13.1% in December from 13.6% in November.

Remittances are a key source of income for Guatemalan families and generally tend to follow employment trends in the United States, as the majority of remittances originate from there. Easing economic momentum in the U.S. coupled with uncertain immigration policies could lead to softer growth in remittances.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest