Mexico Remittances - Forecast

Remittances in Mexico is expected to be 7525.14 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Mexico to stand at 7295.57 in 12 months time. In the long-term, the Mexico Remittances is projected to trend around 7784.08 USD Million in 2020, according to our econometric models.


Mexico Remittances
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Mexico Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -289 6200 8300 9500 8500 12500
Exports 37181 44000 47000 46000 46500 50000
Imports 37470 37800 38700 36500 38000 37500
Current Account -6941 -1200 900 1200 800 -1200
Current Account to GDP -1.6 -3 -3 -3 -2.9 -2.8
External Debt 437367 445000 440000 437000 442000 445500
Terms of Trade 49.01 48.46 48.46 48.9 49.12 50
Foreign Direct Investment 9502 6500 6700 7000 7400 7700
Remittances 7036 7525 7560 7657 7296 7784
Tourism Revenues 1791317 1746516 1797373 2120000 1790921 2300000
Tourist Arrivals 1828 1900 1900 3020 1900 3360
Gold Reserves 120 120 120 120 120 120
Crude Oil Production 1919 2120 1921 2070 1921 2100
Terrorism Index 3.29 4 4 4 2.53 4.1
Capital Flows -24 -20 20 40 50 -30