Mexico
Inward remittancesGlobal rank #2
$67.6B
Outward remittancesGlobal rank #40
$1.3B
Net remittance positionNet recipient2024
$66.3B
Inflows are 51.70× outflows
Inward vs. outward remittance trends
Annual nominal transfers in billions USD (2000–2024)
OutwardInward
| Year | Inward ($B) | Outward ($B) | Net Position ($B) |
|---|---|---|---|
| 2000 | 7.52 | 0.00 | 7.52 |
| 2001 | 10.15 | 0.00 | 10.15 |
| 2002 | 11.03 | 0.00 | 11.03 |
| 2003 | 16.65 | 0.00 | 16.65 |
| 2004 | 19.86 | 0.00 | 19.86 |
| 2005 | 22.74 | 0.00 | 22.74 |
| 2006 | 26.54 | 0.00 | 26.54 |
| 2007 | 27.52 | 0.00 | 27.52 |
| 2008 | 27.08 | 0.00 | 27.08 |
| 2009 | 22.89 | 0.00 | 22.89 |
| 2010 | 22.77 | 0.00 | 22.77 |
| 2011 | 24.19 | 0.00 | 24.19 |
| 2012 | 24.06 | 0.00 | 24.06 |
| 2013 | 23.98 | 0.75 | 23.23 |
| 2014 | 25.56 | 0.72 | 24.84 |
| 2015 | 26.82 | 0.63 | 26.19 |
| 2016 | 29.33 | 0.54 | 28.78 |
| 2017 | 32.92 | 0.64 | 32.29 |
| 2018 | 36.53 | 0.74 | 35.78 |
| 2019 | 39.83 | 0.79 | 39.05 |
| 2020 | 43.98 | 0.65 | 43.33 |
| 2021 | 55.07 | 0.77 | 54.30 |
| 2022 | 61.46 | 0.88 | 60.57 |
| 2023 | 66.24 | 1.08 | 65.16 |
| 2024 | 67.64 | 1.31 | 66.33 |
Corridor cost and speed
Fee, FX margin, total cost and transfer speed for money received into Mexico.
| Sending Country | Send $200 | Send $500 | Speed | Survey Period | |||||
|---|---|---|---|---|---|---|---|---|---|
| Fee | FX Margin | Total Cost | Fee | FX Margin | Total Cost | Under 1 Hour | Same Day or Faster | ||
| United States | 3.26% | 1.28% | 4.54% | 1.97% | 1.02% | 2.99% | 54.35% | 67.39% | Q3 2025 |
Corridor-balanced summary
Unweighted medians across 1 inbound corridors
- Median cost ($200)
- 4.54% Median across corridors
- Median cost ($500)
- 2.99% Median across corridors
- Under 1 Hour
- 54.35% Median corridor share
- Same Day or Faster
- 67.39% Median corridor share
Cost vs. speed
Each dot represents a corridor · $200 transfer
Hover over or focus a dot for corridor details.
Sources
| Dataset | Source / Publisher | Release / Period | Link |
|---|---|---|---|
| Remittance Flows Datasets | World Bank | July 2025 | Open |
| Remittance Prices Worldwide | World Bank | Q3 2025 | Open |
Methodology
Figures shown on this page include calculations derived from the underlying datasets.
View full methodology