As was the case in past years, electronic transfers were, by far, the most used means of transfer by which remittances were received in Mexico in 2022. The value of remittances received by electronic means in the Latin American country amounted to more than 57 billion U.S. dollars in 2022, up from around 51.3 billion reported a year earlier. Furthermore, the majority of remittances sent to Mexico that year were transferred via non-bank institutions.
Value of remittance inflow in Mexico from 2016 to 2022, by which transfer means remittances were received from abroad
(in million U.S. dollars)
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Value of remittance inflow in Mexico from 2016 to 2022, by which transfer means remittances were received from abroad
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BBVA Research, & Statista. (August 24, 2023). Value of remittance inflow in Mexico from 2016 to 2022, by which transfer means remittances were received from abroad (in million U.S. dollars) [Graph]. In Statista. Retrieved February 20, 2025, from https://www.statista.com/statistics/789522/value-of-remittances-mexico-by-means-of-transfer/
BBVA Research, und Statista. "Value of remittance inflow in Mexico from 2016 to 2022, by which transfer means remittances were received from abroad (in million U.S. dollars)." Chart. August 24, 2023. Statista. Accessed February 20, 2025. https://www.statista.com/statistics/789522/value-of-remittances-mexico-by-means-of-transfer/
BBVA Research, Statista. (2023). Value of remittance inflow in Mexico from 2016 to 2022, by which transfer means remittances were received from abroad (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 20, 2025. https://www.statista.com/statistics/789522/value-of-remittances-mexico-by-means-of-transfer/
BBVA Research, and Statista. "Value of Remittance Inflow in Mexico from 2016 to 2022, by Which Transfer Means Remittances Were Received from Abroad (in Million U.S. Dollars)." Statista, Statista Inc., 24 Aug 2023, https://www.statista.com/statistics/789522/value-of-remittances-mexico-by-means-of-transfer/
BBVA Research & Statista, Value of remittance inflow in Mexico from 2016 to 2022, by which transfer means remittances were received from abroad (in million U.S. dollars) Statista, https://www.statista.com/statistics/789522/value-of-remittances-mexico-by-means-of-transfer/ (last visited February 20, 2025)
Value of remittance inflow in Mexico from 2016 to 2022, by which transfer means remittances were received from abroad (in million U.S. dollars) [Graph], BBVA Research, & Statista, August 24, 2023. [Online]. Available: https://www.statista.com/statistics/789522/value-of-remittances-mexico-by-means-of-transfer/
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