ized Migration

Dec 2, 2024 | thedialogue.org | ized Migration

Over the past few years, Mexicans have sent money back home to their families, friends, and others. Between 2017 to 2022, remittances sent to Mexico from the US have experienced double-digit growth, and during pandemic times (2020-2022) they nearly doubled in absolute numbers to 41 percent. In 2022, remittance volume reached a 20 year high at nearly US$59 billion. In 2023, over US$63 billion was remitted representing a growth rate of eight percent year over year (YoY).

Jul 31, 2024 | thedialogue.org | Patrick Springer |ized Migration

Over the past few years, Mexicans have sent money back home to their families, friends, and others. Between 2017 to 2022, remittances sent to Mexico from the US have experienced double-digit growth, and during pandemic times (2020-2022) they nearly doubled in absolute numbers to 41 percent. In 2022, remittance volume reached a 20 year high at nearly US$59 billion. In 2023, over US$63 billion was remitted representing a growth rate of eight percent year over year (YoY).