Yucatán remittances grow 3% in first half of 2026, receiving $231.9 million

Remittances to Yucatán grew by 3% in the first half of 2026, reaching $231.9 million, according to data from the Bank of Mexico. This moderate increase mirrors the national average growth of 3.1%.

Despite this positive trend, Yucatán remains among the states with the lowest remittance reception, ranking 26th nationally and accounting for just 0.75% of the total inflow. This proportion has remained stable over the past two years.

Nationally, remittances totaled $30.76 billion in the first semester. This follows a decline in 2025, attributed to stricter U.S. immigration policies, increased deportations, and a tax on certain cash transfers that Mexico's government aims to repeal. Although the number of transactions decreased slightly, the average transfer amount rose to $405, with electronic transfers now constituting 99.2% of the total.

In Yucatán, these funds play a significant role in specific areas. Mérida alone received over $37 million in the first quarter, followed by municipalities like Oxkutzcab and Tekax. It is estimated that around 350,000 Yucatecans have family members in the United States, and remittances support family income in at least 52 municipalities.