Remittances to Mexico drop for the first time in 11 yearsMEXICO CITY, Feb 4, 2026 (BSS/AFP) - Remittances sent home by Mexicans living abroad declined for the first time in 11 years in 2025, official data showed Tuesday, a phenomenon analysts said was likely due to a drop in migration to the United States. Money sent home to their families from Mexicans living in the United States has traditionally made up about 95 percent of remittances -- which totaled some $61.8 billion last year. He said the trend coincided with a drop in Mexican migration to the United States. In Mexico, Latin America's second-largest economy after Brazil, remittances in 2024 were equal to 3.5 percent of GDP. In 2025, the country's economy had its worst performance since the Covid-19 pandemic, growing 0.7 percent year-on-year as trade tensions with the United States took a toll.

Source: Bangladesh Sangbad Sangstha February 04, 2026 08:51 UTC