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Workers' Remittances, Received (As % of GDP) rose 8.16% to 0.043% in Mexico in 2021

Workers' Remittances, Received (As % of GDP) (%), 2021
Economy | Mexico | April 1, 2023
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Excel Sheet

Workers' remittances received as a share of GDP rose 8.16% to 0.043% in Mexico in 2021, according to the National Statistical Office.

Historically, workers' remittances received as a share of GDP in Mexico reached an all time high of 0.043% in 2021 and an all time low of 0.001% in 1979. When compared to Mexico's main peers, workers' remittances received as a share of GDP in Belize amounted to 0.054%, 0.179% in Guatemala, 0.253% in Honduras and < 0.001% in USA in 2021.

Mexico has been ranked 36th within the group of 112 countries we follow in terms of workers' remittances received as a share of GDP, 37 places above the position seen 10 years ago.

Workers' Remittances, Received (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Belize % 0.038% 0.043% 0.039% 0.040% 0.040%
Canada % < 0.001% < 0.001% < 0.001% < 0.001% < 0.001%
China % 0.003% 0.002% 0.002% 0.002% 0.001%
El Salvador % 0.182% 0.189% 0.200% 0.207% 0.210%
Guatemala % 0.104% 0.111% 0.117% 0.129% 0.138%
Honduras % 0.175% 0.178% 0.187% 0.198% 0.215%
Japan % < 0.001% < 0.001% < 0.001% < 0.001% < 0.001%
Mexico % 0.022% 0.027% 0.028% 0.029% 0.031%
Nicaragua % 0.094% 0.095% 0.101% 0.116% 0.134%
USA % < 0.001% < 0.001% < 0.001% < 0.001% < 0.001%