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During the first two months of 2011, remittances have increased 12.9%.
$283.8 million entered the country inJanuary 2011, a 15.1% increase over the $246.1 million recorded in the same month of 2010.
"Remittances have increased for the past 12 months; the central bank estimates U.S. $ 4.345 million for this year, a figure slightly higher than the record U.S. $ 4.314 million of 2008, before the crisis eroded foreign wires," reported Elperiodico.com.gt.
Source: elperiodico.com.gt
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December 2011
Between January and November 2011 the country received $181.3 million more than in the same period in 2010.
A press release from the Central Reserve Bank of El Salvador (BCR) reads:
Salvadorans living abroad sent home remittances totaling U.S. $3,286.1 million accumulated between January and November 2011, more than the U.S.
February 2011
January foreign wires reported a 9.9% growth compared to same month in 2010.
Salvadoran families received remittances worth a total of $ 259.3 million during the month of January of this year, reported the Central Bank of El Salvador.
Remittances showed an increase of 9.9%, equivalent to $ 23.3 million, compared to January 2010, with the highest growth seen in the last 35 months.
December 2010
Until November the amount of remittances received totaled $ 273.2 million, 4% above the same period of 2009.
According to the Reserve Bank the monthly average received this year was $ 290.6 million, up from $ 184.4 million of the monthly average of 2009.
"As reported by the BCR, the situation of remittances in Latin America has generally improved this year, compared with the balance of 2009", reported Laprensagrafica.com.
May 2012
Salvadorans living abroad sent home $1,278.3 million between January and April 2012, $104.9 million more than in the same period last year.
These figures represent an increase of 8.9%, according to Banco Central de Reserva (BCR).
According to the BCR, monthly average remittances for the period January-April this year amounted to $319.6 million, "exceeding by 26.2 million per month the 293.4 million received during the first four months of the previous year," reported Laprensagrafica.com.
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