Oct. 16 (UPI) -- Money sent home from abroad to Guatemala could see record growth in 2025, surpassing $24.5 billion, according to statistics from Guatemala's central bank. The figure would represent a 14% increase compared with 2024.
Between January and September 2025, Guatemala received $18.97 billion in remittances, a 19.8% increase over the same period last year.
Guatemala is emerging as Central America's most dynamic economy, with gross domestic product projected to grow from to 3.9% in 2025 from 3.7% in 2024. The World Bank says that expansion will be driven largely by money transfers from abroad.
Migration policies adopted under the Trump administration have created a sense of caution among Guatemalans in the United States, who fear being detained and deported. In that context, analysts say many have been increasing their transfers home in anticipation of a possible forced return.
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