The value of credit transfers in Mexico is forecasted to decrease steadily from 2024 onwards. Starting at $15.322 trillion USD in 2024, it is expected to decline yearly, reaching $14.645 trillion USD by 2028. This represents a year-on-year decline of -1.13% from 2024 to 2025, -1.13% from 2025 to 2026, -1.12% from 2026 to 2027, and -1.10% from 2027 to 2028. The Compounded Annual Growth Rate (CAGR) between 2024 and 2028 is -1.12%.
In comparison, in 2023, the actual value stood at a higher benchmark, indicating a shifting trend towards a reduction in the value of credit transfers.
Future trends to watch for include technological advancements in financial transactions, increased adoption of digital wallets, and potential regulatory changes that might impact the volume and value of credit transfers in the coming years.
