Tegucigalpa, February 25. Nicaraguans received $317 million in family remittances last January, 62.8% more than in the same month of 2022, the Central Bank of Nicaragua (BCN) reported on Saturday.

In January 2021, the Central American country received $194.7 million in remittances, down $122.3 million from the amount received last January, the public bank of issue said in a statement. report.

Of the total remittances received in January 2023, 80.1% of flows came from the United States ($253.8 million), followed by Costa Rica with 8.1% ($25.7 million) and Spain with 7% (22.2 million), according to official information.

Next, in that order, are Panama (1.4%) and Canada (0.7%), which together with the United States, Costa Rica and Spain accounted for 97.3% of the total received in January 2023. .

Remittances from the United States recorded an interannual growth of 92.7%, the monetary entity pointed out.

Meanwhile, flows from Costa Rica increased by 13.2%, he said.

Family remittances from Panama, El Salvador and Spain fell by 15.1%, 9.1% and 8.3%, respectively, the source said.

Nicaragua captured a new record of $3,224.9 million in remittances in 2022 -50.2% more than a year earlier-, of which $2,469.7 million came from the United States , according to official figures.

Remittances represent 20.5% of Nicaragua’s gross domestic product (GDP).

A total of 217,052 Nicaraguans were detained between January 1 and December 31, 2022 at the US southern border, according to data from the Bureau of Customs and Border Protection (CBP for its acronym in English) .

This figure is the highest since the civil war in Nicaragua in the 1980s.

Nicaragua captured $2,146.9 million in remittances in 2021, 16% more than in 2020 ($1,851.4 million), according to official figures.

Almost 20% of the total population of Nicaraguan origin, estimated at 6.7 million, lives abroad, mainly in the United States and Costa Rica, and it is estimated that half of them do without papers. EFE

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