Mexico's 2025 remittances drop amid weakened U.S. labor market, strict immigration measures

MEXICO CITY, Feb. 3 (Xinhua) -- Remittances to Mexico from abroad dropped by 4.6 percent in 2025, driven by the United States' weakened labor market and strict immigration measures, said Mexico's central bank on Tuesday.

According to the Bank of Mexico (Banxico), the total remittance amount declined to 61.791 billion U.S. dollars in 2025 from a record 64.746 billion dollars in 2024. The amount in 2025 is the low