Workers' remittances paid reached 28.2 USD mil in 2017 in Guatemala, according to the National Statistical Office. This is 4.44 % more than in the previous year.
Historically, workers' remittances paid in Guatemala reached an all time high of 86.1 USD mil in 2003 and an all time low of 3.20 USD mil in 1982. When compared to Guatemala's main peers, workers' remittances paid in Belize amounted to 45.6 USD mil, 170 USD mil in El Salvador, 65.1 USD mil in Honduras and 1.60 USD mil in Nicaragua in 2017.
Guatemala has been ranked 128th within the group of 142 countries we follow in terms of workers' remittances paid, 5 places behind the position seen 10 years ago.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.