Mexican remittances from 29 U.S. states to Mexico decrease

08/02/2021

During 2020, remittances to Mexico registered a record breaking the 40 billion dollars barrier, although in the case of those coming from the United States, they decreased from 29 states.

This was due to the COVID-19 pandemic, where the most significant drop occurred in Illinois, from where 1,283.9 billion dollars were sent.

This amount represents 15 percent less than the remittances registered in 2019 and could be argued in that the unemployment rate in Illinois stood at 12.1 percent in the second half of August when nationally the rate was 8.5 percent.

The Migration Policy Institute (MPI) reports that more than 500 thousand Mexicans live in Illinois, the largest community being that of Chicago; however, it is estimated that 287 thousand Mexicans live and work in Illinois in an irregular manner, and therefore do not have access to the tax benefits granted by the Government.

In the case of the state of Georgia, with around 255 thousand Mexican migrants, remittances sent to Mexico dropped 12.1 percent to 1.70 billion dollars, while New York City sent 1.83 billion dollars in 2020, a figure well below the 139.9 million in 2019.

In the iron city, according to the Center for the Urban Future, one out of every two undocumented migrants lost their jobs as a result of the pandemic, and close to 110,000 Mexicans could not benefit from food stamps, rent subsidies or unemployment insurance.

Other states with reduced remittances were Louisiana, Virginia, Maryland, Pennsylvania, New Jersey, Florida, North Dakota, Massachusetts, North Carolina, Vermont, Oklahoma, Connecticut, Mississippi, Kentucky and Wyoming.