Remittances in Jamaica increased to 2905 USD Million in 2020 from 2405.60 USD Million in 2019. source: Bank of Jamaica

Remittances in Jamaica averaged 1949.79 USD Million from 2001 until 2020, reaching an all time high of 2905 USD Million in 2020 and a record low of 968 USD Million in 2001. This page provides - Jamaica Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Remittances - values, historical data and charts - was last updated on October of 2021.

Remittances in Jamaica is expected to reach 2300.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Remittances is projected to trend around 2400.00 USD Million in 2022, according to our econometric models.

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Jamaica Remittances


Jamaica Last Unit Reference Previous Highest Lowest
Balance of Trade -791489.00 USD Thousand Sep/20 -723505.76 -121925.00 -1682374.89
Current Account -46.10 USD Million Mar/21 -15.50 153.47 -536.06
Current Account to GDP 0.20 percent of GDP Dec/20 -1.90 0.20 -20.40
Exports 354642.41 USD Thousand Mar/21 307758.00 796370.98 244067.00
Imports 1089040.00 USD Thousand Sep/20 984354.78 2437559.33 395093.00
Remittances 2905.00 USD Million Dec/20 2405.60 2905.00 968.00
Capital Flows 113.80 USD Million Mar/21 -117.58 2088.25 -679.40
Foreign Direct Investment 50.60 USD Million Mar/21 50.59 273.82 22.10
Tourist Arrivals 90164.00 people Dec/20 49413.00 487651.00 0.00
External Debt 13626.63 USD Million Dec/20 13634.90 14754.06 8842.61


Jamaica Remittances
In Jamaica, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances).