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Remittances to Latin America and the Caribbean to hit $174.4 billion in 2025, with Central America rising sharply despite Mexico’s decline.
Remittances to Latin America and the Caribbean are projected to reach $174.4 billion in 2025, a 7.2% increase from 2024, marking 16 years of growth.
Mexico’s remittances are expected to decline 4.5% despite remaining the top recipient at $61.8 billion, while Central America sees a 20.4% rise, driven by U.S. policy shifts, labor market changes, and increased employment among Central American women.
The U.S. supplies over 90% of remittances to El Salvador, Guatemala, and Honduras, and 96% of Mexico’s.
The Inter-American Development Bank highlights remittances’ role in reducing poverty but warns of risks from migration restrictions, labor shifts, or higher transfer costs.
Las remesas a América Latina y el Caribe alcanzarán los 174.400 millones de dólares en 2025, con un fuerte aumento en América Central a pesar del declive de México.