During the first nine months of the year, the remittances family members added 45 thousand 681 million dollars5.5% lower than the 48 thousand 360 million dollars of the same period of 2024.
According to the report of the Inegimoney transfers have decreased for six consecutive months, falling 2.7% during September. An analysis of BBVA explained that despite the contraction in dollar shipments, there are states in the central-southern region where remittances have grown in the first nine months of 2025: Chiapas (+1.2%), Oaxaca (+2.0%), Puebla (+1.9%), Guerrero (+4.2%), Veracruz (+0.9%) y Morelos (+1.3%). Juan José Li Ngan analyst at the Spanish bank, stated that 1.1 million people in our country are outside the multidimensional poverty indicators thanks to the remittance transfers they receive from abroad.
“For the 2024 measurement, if income from remittances is not considered, the population living in poverty in Mexico would increase from 38.5 million to 39.6 million people“He noted that in 2024, the states in which it is estimated that remittances contributed the most to reducing the population in poverty are Guanajuato (170,000 personas), Veracruz (96,000), Michoacan (95,000), Oaxaca (77,000), San Luis Potosi (77,000), Guerrero (65,000) y Zacatecas (62,000).
You may also be interested in: Banxico survey adjusts to Mexico’s low GDP
In September, 5,214 million dollars arrived in remittances: Banxico
According to figures published by the Bank of Mexico (Banxico), in September 5,214 million dollars arrived from family remittances, which is equivalent to a contraction of 2.7% compared to the same month of the previous year.
This situation occurs after a period of 17 months of uncertaintybetween November 2023 and March 2025, in which the flow of remittances to Mexico It showed ups and downs.
In the month of September, 13.2 million operations were reported to send remittances (-4.7% at the annual rate), while the average remittance was 396 dollars (2.1% higher).
You may also be interested in: SAT will raffle 500 million pesos in prizes for El Buen Fin 2025
In turn, in real terms, remittances fell 11.6% annually, measured in pesos and according to the exchange rate, accumulating four consecutive months of annual decreases, indicated an analysis of Banamex. “Shipments will continue to be under pressure due to United States policies and the lack of employment in that country,” the bank projected.