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Remittances to Mexico dropped 4.6% in 2025 to $61.8 billion, the first decline in 11 years, due to weaker U.S. jobs and stricter immigration enforcement.
Remittances to Mexico fell 4.6% in 2025 to $61.8 billion, the first decline in 11 years, according to Banxico, due to a weakening U.S. labor market, stricter immigration enforcement, and economic uncertainty.
The drop, attributed to reduced migration and fears of deportation among Mexican workers in the U.S., marks the lowest inflow since 2022.
Remittances, which surpassed oil exports and foreign direct investment, accounted for 3.5% of Mexico’s GDP in 2024 and remain vital to the economy.
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Las remesas a México cayeron un 4,6% en 2025 a 61,8 mil millones de dólares, la primera disminución en 11 años, debido a la debilidad de los empleos en los Estados Unidos y la aplicación más estricta de la ley de inmigración.