Remittances sent by migrants to Guatemala, El Salvador and Honduras, the Northern Triangle of Central America, exceeded US$10 billion dollars between January and July of this year, according to their central banks.
Guatemala leads with the highest flow of dollars and a growth of 10.62% in those seven months of 2018 compared to the same period last year. According to statistics released by the Central Bank of Guatemala, in the first seven months remittances reached US$5.217 billion. The remittances represent 10% of the Gross Domestic Product (GDP), according to the International Organization for Migration (IOM).
For its part, the Central Reserve Bank (BCR) of El Salvador registers the income of US$2.688 billion, with the difference that this report only covers the first half of the year. In