Remittances show 1.6% growth in September: BdeM - La Jornada San Luis

Data from the Bank of Mexico reveal a structural transformation in the flow of remittances, highlighting a growing preference for digital channels. The total figure shows moderate annual growth, but the underlying pattern indicates a consolidation of financial efficiency, with electronic transfers accounting for nearly the entire volume sent. This shift is crucial for the transparency and accessibility of financial data, aligning with open data principles by facilitating public access to accurate information on capital flows. Although the total number of transactions decreased, the average amount sent increased significantly, suggesting that senders are adopting faster and less costly methods. This trend toward digitalization not only reduces processing times but also generates a more robust and traceable data footprint. For the open data community, this represents a valuable opportunity to analyze more detailed economic trends, promoting accountability and enabling studies on the real impact of remittances on Mexican families. The relevance of this article to open data lies in how the massive digitalization of financial services produces more complete and accessible datasets. By shifting from cash to electronic transfers, informality is reduced and the quality of official statistics improves. This allows researchers, journalists, and citizens to analyze economic dynamics in greater depth, fostering a more informed and participatory society based on verifiable and open evidence.

Source: lajornadasanluis.com.mx
Published on 2026-11-04

Remittances show 1.6% growth in September: BdeM - La Jornada San Luis

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