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.
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