01/26/2004
|
Country |
Millions of US Dollars |
|
Mexico |
$10,502 |
|
Brazil |
4,600 |
|
Colombia |
2,431 |
|
El Salvador |
2,206 |
|
Dominican Republic |
2,111 |
|
Guatemala |
1,689 |
|
Ecuador |
1,575 |
|
Jamaica |
1,288 |
|
Peru |
1,265 |
|
Cuba |
1,138 |
|
Haiti |
931 |
|
Honduras |
770 |
|
Nicaragua |
759 |
|
Venezuela |
235 |
|
Argentina |
184 |
|
Costa Rica |
134 |
|
Guyana |
119 |
|
Bolivia |
104 |
|
Trinidad and Tobago |
59__ |
|
TOTAL |
$32,044 |
|
Source: Inter-American Development Bank, "Sending Money Home: An International Comparison of Remittance Markets," February 2003. |
Remittances to Mexico, 1980-2003 |
|
Year |
Amount(Millions of US Dollars) |
|
1980 |
$698 |
|
1981 |
859 |
|
1982 |
844 |
|
1983 |
984 |
|
1984 |
1,127 |
|
1985 |
1,157 |
|
1986 |
1,290 |
|
1987 |
1,478 |
|
1988 |
1,897 |
|
1989 |
2,213 |
|
1990 |
2,492 |
|
1991 |
2,414 |
|
1992 |
3,070 |
|
1993 |
3,332 |
|
1994 |
3,475 |
|
1995 |
3,673 |
|
1996 |
4,224 |
|
1997 |
4,865 |
|
1998 |
5,627 |
|
1999 |
5,909 |
|
2000 |
6,573 |
|
2001 |
8,895 |
|
2002 |
10,502 |
|
2003Est. |
14,500 |
|
Source: Bank of Mexico. Note: 2003 estimate is based on a study by the Inter-American Development Bank, "Remittance Senders and Receivers: Tracking the Transnational Channels," November 2003. |
Edwin S. Rubenstein is President of ESR Research Economic Consultants in Indianapolis.