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 September 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

Actual Previous Highest Lowest Dates Unit Frequency
2905.00 2405.60 2905.00 968.00 2001 - 2020 USD Million Yearly

Jamaica Trade Last Previous Highest Lowest Unit
Balance of Trade -791489.00 -723505.76 -121925.00 -1682374.89 USD Thousand [+]
Current Account -46.10 -15.50 153.47 -536.06 USD Million [+]
Current Account to GDP 0.20 -1.90 0.20 -20.40 percent of GDP [+]
Imports 1089040.00 984354.78 2437559.33 395093.00 USD Thousand [+]
Exports 354642.41 307758.00 796370.98 244067.00 USD Thousand [+]
Remittances 2905.00 2405.60 2905.00 968.00 USD Million [+]
Terrorism Index 0.23 0.47 1.09 0.00 [+]
Tourist Arrivals 90164.00 49413.00 487651.00 0.00 people [+]
Capital Flows 113.80 -117.58 2088.25 -679.40 USD Million [+]
External Debt 13626.63 13634.90 14754.06 8842.61 USD Million [+]
Foreign Direct Investment 50.60 50.59 273.82 22.10 USD Million [+]


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).