Mexico | Yearbook of Migration and Remittances 2024

Book product of a collaboration between the National Population Council (CONAPO), BBVA Foundation and BBVA Research. This twelfth edition presents in ten chapters the main data and indicators on migration, human mobility and remittances on a regional and global scale, with emphasis on Mexico.

Key points

• Key points:
• The United States is a country of migrants: it had 51.5 million migrants in 2023, 15.6% of its population, of which 10.5 million were undocumented (1 in 5 migrants). There are about 12 million Mexican migrants in that country, 1/3 (4 million) of whom are undocumented.
• In the United States, the average income of a Mexican migrant was $25,570 per year in 2023 from wages and salaries, an amount that in real terms is 3.2% less than what they received on average in 2020.
• In the Trump 2.0 administration, immigration policies will be tightened and the quality of life of migrants will worsen; but we consider that a scenario of mass deportations would be unlikely. Trump (299,000) deported fewer migrants from the interior per year than the first (392,000) and second (374,000) Obama administrations.
• We consider it unlikely that the flow of remittances will be affected. If it were to occur, the impacts would be regional. In 2023, in Chiapas remittances represented 15.9% of the state's GDP, followed by Guerrero (13.8%), Michoacán (11.1%), Oaxaca (10.7%) and Zacatecas (10.5%).
• The main factor driving migration and remittances is the economy and employment in the United States; we believe that there is little room for maneuver in tightening immigration policy.

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