For seven consecutive months, remittances to Mexico have decreased.
Remittances are funds sent by people from Country A working in Country B. It’s sent back to families in Country A. Many countries have grown to depend on remittances.
In the case of remittances going to Mexico, most of those funds are from Mexicans working in the United States.
From Reuters: “Remittances to Mexico declined 1.7% from a year earlier in October, the nation’s central bank said on Monday [December 1st], totaling $5.64 billion.”
“October marked the seventh straight month of year-on-year declines in the remittances the country receives, contrasting with sharp increases reported for Central American countries in 2025.”
So Mexico’s remittances are decreasing but Central American remittances are increasing.
“The total number of remittances in the month declined 5.4%, while the average value of each payment sent edged up 4.0% compared to the same month last year, the central bank added in a report.”
“The amount for October resulted from the accumulation of some 14 million transactions averaging $403 each.”
“Accumulated remittances to Mexico through October 2025 totaled $51.34 billion, 5.1% lower than the amount received during the same period last year.”