Remittance Receipts in Mexico, Figure Quarterly Totals, 2002 to 2007
After rising steadily and substantially for several years, the growth in remittances sent to Mexico began slackening notably in mid-2006 and the rate of growth slowed through the first quarter of 2007. From the beginning of 2003 through the middle of 2006, remittance receipts showed annual increases averaging 26.5%, measured on a quarterly basis. Since mid-2006, the rate of annual growth has averaged 6.5%; in the first quarter of 2007 it was 3.4%.
Figure 9  | Remittance Receipts in Mexico, Figure Quarterly Totals, 2002 to 2007  | 7,000  | 5 millions  | 6.240  | 6 LOOD  | 5.440  | 5.000  | 516  | 5,360  | 5,184  | 3.775  | 4.000  | 4.065  | 3, OOD  | 3,372  | 2,000  | 2,509  | 2,174  | 1,000  | Jan.-  | Sep July-  | Sep July-  | Jan.-  | Sep July-  | Jan.-  | July Sep  | July-  | Jan.-  | Jan.-  | Jan.-  | Sep 2002 July-  | Sep 2003 July-  | Sep 2004  | 2005 July Sep  | 2006 Sep.  | Mar  | Mar.  | Mar.  | Mar.  | Mar.  | Mar.  | 2002 2002 2003 2003  | 2004 2004 2005 2005 2006 2006 2007  | Source: Bank of Mexico 