Mexico | Remittances Set Historic Record for Third Consecutive Year with US$33,481 million
Published on Friday, February 1, 2019
Mexico | Remittances Set Historic Record for Third Consecutive Year with US$33,481 million
Of the remittances received by Mexico in 2018, 94.1% came from the U.S., 97.7% were sent by electronic means and 71.7% were disbursed in non-banking institutions. 7 states accounted for half of the remittances that arrived in the country: Michoacán (US$3,393 millon), Jalisco (3,288), Guanajuato (3,046), Mexico (1,903), Oaxaca (1,731), Puebla (1,699) and Guerrero (1,615).