The value of remittances received in Mexico has been increasing in the past decade, reaching a new highest amount in 2021. That year, the amount of money sent by foreign residents to Mexico amounted to approximately 51.6 billion U.S. dollars. During this time, the largest share of remittances received in Mexico originated from the United States.
Value of personal remittances in Mexico from 2003 to 2023, based on remittance inflow from any other country
(in billion U.S. dollars)
The World Bank's calculations are based on data from the IMF Balance of Payments Statistics database and data releases from central banks, national statistical agencies, and World Bank country desks.
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World Bank. (May 30, 2024). Value of personal remittances in Mexico from 2003 to 2023, based on remittance inflow from any other country (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/439102/value-of-remittances-received-mexico/
World Bank. "Value of personal remittances in Mexico from 2003 to 2023, based on remittance inflow from any other country (in billion U.S. dollars)." Chart. May 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/439102/value-of-remittances-received-mexico/
World Bank. (2024). Value of personal remittances in Mexico from 2003 to 2023, based on remittance inflow from any other country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/439102/value-of-remittances-received-mexico/
World Bank. "Value of Personal Remittances in Mexico from 2003 to 2023, Based on Remittance Inflow from Any Other Country (in Billion U.S. Dollars)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/439102/value-of-remittances-received-mexico/
World Bank, Value of personal remittances in Mexico from 2003 to 2023, based on remittance inflow from any other country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/439102/value-of-remittances-received-mexico/ (last visited July 22, 2024)
Value of personal remittances in Mexico from 2003 to 2023, based on remittance inflow from any other country (in billion U.S. dollars) [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/439102/value-of-remittances-received-mexico/