Colorful city in Guatemala

Guatemala Remittances August 2019

Guatemala: Remittances inflows slow in August

Remittances from workers abroad rose 14.0% on an annual basis in August, decelerating from the 15.8% increase registered in July. Remittances totaled a robust USD 980.6 million in August (July: USD 947.8 million). On the other hand, growth in the 12-month moving sum accelerated to 10.1% in August from 9.9% in July.

Remittances are an important source of income for Guatemalan families and generally follow employment trends in the United States, where most remittances originate. Moderating economic momentum in the U.S. coupled with uncertain immigration policies could lead to slower 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