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Decline in Remittances to Mexico Ends Decade of Growth Amid Immigration Policies

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In 2025, remittances sent to Mexico dropped to $61.791 billion, marking a 4.5% decline from 2024 and ending over ten years of consistent growth. This decrease is attributed to demographic shifts among Mexican immigrants in the U.S. and increased deportations, with an estimated 500,000 deportations occurring from January to October 2025. The decline in remittances could significantly impact families relying on these funds for essential needs. Experts predict a gradual recovery in remittance flows by the latter half of 2026, driven by labor demand and a shift towards digital money transfers, which accounted for 99.1% of remittances in 2025.

Key Details: • Remittances fell from $64.746 billion in 2024 to $61.791 billion in 2025. • 500,000 deportations occurred between January and October 2025. • Experts predict a potential recovery in remittances in the second half of 2026.

economy immigration labor remittances deportations

People & Organizations

MexicoUnited StatesManuel OrozcoInter-American DialogueBanco de México

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