Guatemalan Expatriate Remittances Hit a Record High in 2011

2012-01-30

A statistical report from the Guatemalan Central Bank shows that the total value of Guatemalan expatriate remittances in 2011 is US$4.378 billion, an increase of 6% compared to 2010, which is the highest dollar amount in the past 17 years. Guatemalans living overseas repatriated US$4.1267 billion to Guatemala from January through December of 2010. The remittance dollar amount in December 2011 is US$378.4 million, an 8.6% growth compared to the same month in 2010.