Workers' remittances paid reached 806 USD mil in 2017 in Mexico, according to the National Statistical Office. This is 23.4 % more than in the previous year.
Historically, workers' remittances paid in Mexico reached an all time high of 1,002 USD mil in 2014 and an all time low of 7.00 USD mil in 1982. When compared to Mexico's main peers, workers' remittances paid in Belize amounted to 45.6 USD mil, 28.2 USD mil in Guatemala, 65.1 USD mil in Honduras and 67,964 USD mil in USA in 2017.
Mexico has been ranked 52nd within the group of 142 countries we follow in terms of workers' remittances paid.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.