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November 1, 2019

Mexico | Remittances add 42-month streak with growth, increased 13.3% in September

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.

October 10, 2019

Venezuelan Immigration to Peru: characteristics and macroeconomic impacts

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.
  • Geography Tags
  • Peru

October 7, 2019

Infographic Migration and Remittances in Central America

Central America received more than 22 billion of US dollars in remittances in 2018. These resources are very important in El Salvador, where they equate to 21.4% of GDP; in Honduras, 20.0%; in Guatemala, 12.0%; in Nicaragua, 11.3%; and in Belize, 5.0%.

September 23, 2019

Mexico | Yearbook of Migration and Remittances 2019

It's a publication of CONAPO, BBVA Foundation and BBVA Research. It presents the most relevant data on migration, refuge and remittances worldwide and in Mexico. There is an emphasis on Latin American and the Caribbean, as well as on the flow of Central Americans traveling through Mexico and the migration actions of U.S.

August 1, 2019

Mexico | There are 1.65 million households that receive remittances, 4.7% of the total

27% of remittances-receiving households are in the two lower income deciles, and 12.7% in the two upper deciles. Households that received remittances have a consumption pattern very similar to the national average. 36.0% of the expenditure went to food, beverages and tobacco, and 18.6% in transportation and communication.

May 2, 2019

Mexico | Migration is a guiding principle for 2019-24; remittances total 36-month growth

The Government of Mexico presents the National Development Plan 2019-2024, with migration being one of its 12 guiding principles. The Plan seeks to prevent people from migrating due to lack of opportunities or insecurity. In March, 2,897md in remittances (+8.3%) entered Mexico, and in 2019Q1 they accumulated 7,699md (+7.1%)

March 1, 2019

Mexico | Government presents Migrant Protection Strategy, & remittances grow 6.5% in Jan.

The government presented a ten-point summary of its Migrant Protection Strategy for 2019–2024, which details: 1) a new vision focused on migrants' rights and 2) the expansion of the mobile consulate system to reach the most remote populations.

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), Oaxa…