From january to september, family remittances to the three countries totaled US$25,494.1 million, reaching a growth rate of 16.5%, and US$3,616.6 million more than the figures as of september last year.

Thus, they advanced at the second highest rate of the entire decade, only surpassed by the 34.2% increase in the january-september 2021 period, when flows accumulated US$21,877.5 million, estimated Bloomberg Línea based on data from central banks and the Secretaría Ejecutiva del Consejo Monetario Centroamericano (SECMCA).

In september, the Northern Triangle received US$2,958.2 million in remittances: Guatemala, US$1,597.2 million; Honduras, US$737.4 million; and El Salvador, US$623.6 million.

Central American Business Intelligence (CABI) said that flows will end up rising between 18% and 20% in Guatemala, to close at around US$18 billion by december 2022.

The Northern Triangle received 90.3% of remittances to Central America in 2021. In total, the region -including Panama- received US$33,401.29 million in remittances.

With this multi-million dollar size, if remittances were a country, they would be the fourth largest economy in the region. They would be behind Guatemala, Costa Rica and Panama, and ahead of El Salvador, Honduras and Nicaragua.