The figure represents a 25.5 percent increase compared to the same period in 2021, when migrants sent three thousand $135 million, the Bank of Guatemala (Banguat) confirmed.
The report states that FX earnings for this concept continue to flow dynamically as the country also received 32 percent more in January and February than the same period in 2021 at a rate of 40 million daily (30.8 a year ago). .
According to Banguat authorities, although there is a slight decrease in remittances compared to other years due to seasonal factors at the beginning of the year, the indicator is now showing great momentum.
Last February alone, it was $1,262 million (up 33 percent) and $1,180 million (30 percent) in January.
For 2022, the source estimates revenue of $16,978 million from migrant mail, growing at a rate of 9.5 to 12.5 percent.
Last year, despite the impact of the Covid-19 pandemic, remittances accounted for 17.8 percent of gross domestic product, compared to 14.6 percent in 2020.
According to the Monetary, Foreign Exchange and Credit Policy Assessment Document, the rise has accelerated over the past decade, particularly between 2015 and 2019 and in 2021.
Seven departments concentrated 54 percent of the money, Guatemala, Huehuetenango, San Marcos, Quetzaltenango, Petén, Alta Verapaz and Quiché.
Its main goal is spending on domestic consumption to meet unmet basic needs such as food, education and improvement, or building houses, among others.
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