Remittances to Honduras rise 11.1% through February, exceeding $1.8 billion

Family remittances currently account for more than 25% of Honduras' gross domestic product (GDP), even surpassing income from exports and foreign direct investment, according to official data released by the Central Bank of Honduras (BCH). During the first two months of 2026, the remittance shipments to Honduras reached USD 1.809,9 million, consolidating as an essential pillar in the economy of a country where more than 60% of the population lives in poverty and income depends largely on the support of compatriots residing abroad. The Central Bank of Honduras report indicates that, between January and February of this year, the country captured an additional 181.7 million dollars compared to the same period of 2025, when the total flow was USD 1,628.2 million. In February 2026 alone, remittances totaled USD 939.1 million, a growth of 7.8% compared to January, with USD 870.8 million. This behavior reflects sustained growth driven by the labor efforts of Hondurans abroad. Authorities explain that the majority of remittances arriving in the country fulfill vital functions, with more than 86% being allocated to basic needs such as food, health, and education. This flow contributes to reducing economic vulnerability in thousands of households, especially in rural areas, and keeps local commerce active through the consumption of basic goods and services. The BCH details that the United States maintains its role as the largest source of remittances, representing 85% of the total shipments. It is estimated that 1.8 million Hondurans live in that country, both with regular and irregular status, maintaining a direct and periodic financial link with their families in Honduras. Spain occupies the second place, with a participation of 9.1%, while the remaining 5.9% comes from nations such as Germany, Canada, Costa Rica, Italy, Mexico and Panama.

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The analysis presented by the BCH underlines that Honduran mothers are the main recipients of remittances, concentrating more than 39.6% of the beneficiaries. This data highlights the central role of women in the administration of the household budget and in the support of families dependent on money sent from abroad. In most cases, remittances allow Honduran households to cover basic needs such as food, medicine, and education, thereby improving their quality of life and economic resilience. According to the BCH, 83.5% of Honduran emigrants send money to their families at least once a month. The favorite mechanism is the use of remittance companies, chosen by 81.5% of migrants. These companies, supported by networks of agencies and digital platforms, facilitate fast and secure remittances, which also contributes to the formalization and registration of the flow of foreign currency entering the country. The expansion of formal financial and technological channels has allowed for better monitoring of these revenues, contributing to macroeconomic stability and the strengthening of international reserves. The BCH indicates that during 2025 the country received USD 12.212 billion in remittances, a figure that confirms the sustained growth of the phenomenon. For 2026, the official projection is USD 10.670 billion, a decrease compared to the previous year, attributed to external factors such as the international economic situation, the labor stability of migrants and immigration policies in the destination countries. Remittances will continue to be the main source of foreign currency for Honduras, with a decisive weight in the domestic economy. The growth recorded in the first months of 2026 ratifies the commitment of Hondurans abroad and affirms the permanent role of remittances as a key engine of the national economy. Source: INFOBAE.