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Remittances to Mexico dip 2.7% in September, its sixth straight fall

ReutersNov 3, 2025 3:31 PM

- Remittances to Mexico shrunk 2.7% from a year earlier in September, the nation's central bank said on Monday, totaling $5.21 billion.

September marked the sixth straight month of year-on-year declines in Mexico's remittances, contrasting with sharp increases reported in other Central American countries in 2025.

The total number of remittances in the month declined 4.7%, while the average value of each payment sent edged up 2.1% compared to the same month last year, the central bank said.

The amount for September resulted from the accumulation of some 13.2 million transactions averaging $396 each.

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