How much money will the Dominicans send in 2021?

Mexican, Guatemalan and Dominican workers are Latin American Money transfer They shipped to their countries between January and September 2021. Citizens of the above countries have sent US $ 56.219 million for this comment.

Mexicans, whose country is the border of the United States, where the main flow Money transfer In the first nine months of last year, $ 37.35 billion was sent to Latin America. Economic Commission for Latin America and the Caribbean (ECLAC)

Within it Report “The initial balance of economies in Latin America and the Caribbean 2021”, in ECLAC Of the 14 countries in the region, Guatemalan workers are the second largest sender of remittances to the country with $ 11,008 million during the period.

The Dominicans, as of September 2021, had sent $ 7,861 million to their relatives in the country, the third largest consortium of expatriate workers. Money transfer Sent in the first nine months of that year. Recently The Central Bank Total receipts are reported Money transfer Last year it reached US $ 10,402.5 million.

Colombians, Salvadorans and Hondurans continue to be on the list of Latin Americans Money transfer, US $ 6,285 million, US $ 5,488 million and US $ 5,384 million respectively. It is followed by Peru (US $ 2,658 million), Jamaica (US $ 2,605 million), Brazil (US $ 2,233 million), Ecuador (US $ 2,009 million) and Nicaragua (US $ 1,557 million).

“After an 8% increase in 2020, Money transfer By 2021 the area has increased by almost 30% so far. This is a common trend across the country because in practice practically all major recipients in the region are increasing at double-digit rates. Report From ECLAC.

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Ecuador, Bolivia and the Dominican Republic have the largest annual variations in the income of the three countries in the region. Money transfer Retrieved between January and November 2021.

Agility is proof Money transfer Linked to economic recovery in countries of birth. This is partly linked to the fact that immigrants have benefited from employment promotion and protection programs implemented in publishing economies (mainly in the United States and Spain).

In addition, he adds, a portion of the immigrants work in jobs related to essential services, which allowed them to maintain employment during the 2020 prison term.

His latest Report About Money transfer, தி Central Bank Dominican explained that the continuous improvement in the economic conditions of the United States is one of the main factors influencing the behavior of the United States. Money transfer, 83.2% of the December runs came from that country.

26.6% growth

Recently, the Central Bank of the Dominican Republic reached $ 10,402.5 million last year, $ 2,183.2 million higher than it was in 2020, registering a year-on-year growth of 26.6%, the highest level ever. Historically achieved.

Journal of Social Communication, UASD Referral Journal. Since 2012 he has worked in various print media.

Esmond Harmon

"Entrepreneur. Social media advocate. Amateur travel guru. Freelance introvert. Thinker."

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