April 1, 2020
Migration latest publications
Due to the uncertainty regarding its duration, it is difficult to estimate the impacts of the Covid-19 crisis on the flow of remittances to Mexico. This article makes an estimate based on the effects of the past global financial recession of 2008/2009 on remittance flows. Three scenarios are presented.
The Map, Directory and Database with georeferencing of the main migrant houses, shelters and soup kitchens along the most affluent migration routes through Mexico are presented: the Route to the Northeast Border, the Route to Ciudad Juárez, and the Pacific Route.
For the fourth consecutive year, remittances exceeded their historical maximum. 94.6% of remittances come from the US. Michoacán (3,584 md), Jalisco (3,499 md) and Guanajuato (3,286 md) were the main recipients of remittances in 2019. Remittances could grow 6.0% and reach 38.2 billion dollars in 2020.
There are 272 million migrants in the world in 2019, 23.0% more than in 2010. Mexico is the 2nd country with more migrants in the world. In 2019 there are 12.4 million Mexican migrants in the U.S. Remittances to Mexico will exceed 36 billion dollars in 2019, which will be ranked 3rd in the world, displacing Philippines.
The infographic contains information on the countries of South America, where it is highlighted that, in 2018, the region received 18.5 billion USD on remittances and, in 2017, there were 12.0 million emigrants.
The infographic contains information on the countries of the Greater Antilles and the Lesser Antilles in the Caribbean, where it is highlighted that, in 2018, the region received 12.7 billion USD for remittances and, in 2017, there were 8.2 million emigrants.
Remittances accumulate an annual growth of 9.2% in the first 9 months of 2019, with an amount of 26,980 million USD. In September, unemployment rate in the US was 3.5%, the lowest rate observed in the last 50 years, since 1969. This condition drives the sending of remittances to Mexico.
Venezuelan immigrants to Peru over the last three years (more than 800,000, equivalent to 2.4% of the Peruvian population) have had non-negligible impacts on aggregate demand and potential GDP.