How many remittances did the Dominicans send in 2021

How many remittances did the Dominicans send in 2021

Mexican, Guatemalan and Dominican workers were the most Latin Americans Transfers They were sent to their countries between January and September 2021. Citizens of the above-mentioned countries transferred 56.219 million US dollars for this concept.

Mexicans, whose country borders the United States, in terms of the main flow Transfers To the Latin American region, they sent 37.35 billion US dollars in the first nine months of last year, according to Economic Commission for Latin America and the Caribbean (Economic Commission for Latin America and the Caribbean).

in that Transfer “Primary Equilibrium for the Economies of Latin America and the Caribbean 2021”, in which Economic Commission for Latin America and the Caribbean When measuring the 14 countries in the region, Guatemalan workers appear second with the most money sent home in the above period, at $11,008 million.

The Dominicans, as of September 2021, sent their relatives in the country $7,861 million, making it the third largest migrant worker conglomerate Transfers Shipped in the first nine months of that year. lately central bank reported that the total flows Transfers Last year it amounted to 10,402.5 million US dollars.

Colombians, El Salvadorans, and Hondurans remain on the list of Latin America’s most Transfers, $6,285 million, $5,488 million, and $5,384 million, respectively. It is followed by Peru ($2,658 million), Jamaica ($2,605 million), Brazil ($2,233 million), Ecuador ($2,009 million), and Nicaragua ($1,557 million). , among other countries.

“Having increased by 8% in 2020, Transfers to the region by approximately 30% so far in 2021. It is a general trend at the country level, as flows in nearly all major recipients in the region are increasing at double-digit rates”, highlights Transfer From Economic Commission for Latin America and the Caribbean.

Ecuador, Bolivia, and the Dominican Republic were the three countries in the region with the largest annual income variance from Transfers Received between January and November 2021.

The dynamism he showed Transfers It is associated with economic recovery in the countries of origin. The document also notes that it is related, in part, to the fact that immigrants would have benefited from employment stimulus and protection programs implemented in exporting economies (mainly in the United States and Spain).

In addition, he adds, a portion of the immigrants work in jobs associated with essential services, which has allowed them to maintain employment during periods of 2020.

Speaking Transfer about the Transfers, the central bank The Dominicans explained that the continuous improvement of economic conditions in the United States was one of the main factors that influenced the behavior of Transfers, since 83.2% of December flows came from that country.

26.6% growth

The Central Bank of the Dominican Republic recently reported that the total inflows of remittances last year amounted to 10402.5 million US dollars, an increase of 2.183.2 million US dollars over the same period in 2020, registering a growth of 26.6% year-on-year, which is the highest level . historically.

Certificate in Social Communication, Journalism Mentioned by UASD. Since 2012, he has worked in various print media.

Aygen Marsh

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