LA PAZ – Bolivia received $89.3 million in remittances from abroad in January, down 3.5 percent from the $92.5 million received in January 2015, the central bank said Friday.
Bolivians living in Spain accounted for 44.7 percent of remittances, making the European country the main source of money sent home by expats, according to the central bank.
Remittances from the United States were 13.2 percent of the total, followed by Argentina, 12.8 percent; Chile, 7.2 percent; and Brazil, 4.6 percent.
Just under 41 percent of remittances went to households in the eastern region of Santa Cruz, while the central Cochabamba region received 31.1 percent, and La Paz 15.9 percent.
Last year Bolivia received $1.18 billion in remittances, a 1.28 percent increase over the $1.16 billion reported in 2014.