Remittances in Jamaica increased to 2415.10 USD Million in 2019 from 2345.80 USD Million in 2018. source: Bank of Jamaica

Remittances in Jamaica averaged 1901.29 USD Million from 2001 until 2019, reaching an all time high of 2415.10 USD Million in 2019 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 January of 2021.

Remittances in Jamaica is expected to reach 2100.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Remittances is projected to trend around 2300.00 USD Million in 2021 and 2400.00 USD Million in 2022, according to our econometric models.

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Jamaica Remittances

Actual Previous Highest Lowest Dates Unit Frequency
2415.10 2345.80 2415.10 968.00 2001 - 2019 USD Million Yearly

Jamaica Trade Last Previous Highest Lowest Unit
Balance of Trade -723505.76 -958769.73 -121925.00 -1682374.89 USD Thousand [+]
Current Account -105.92 -30.20 153.47 -536.06 USD Million [+]
Current Account to GDP -1.90 -1.80 -1.20 -20.40 percent [+]
Imports 984354.78 1338404.36 2437559.33 395093.00 USD Thousand [+]
Exports 260849.03 379634.63 796370.98 244067.00 USD Thousand [+]
Remittances 2415.10 2345.80 2415.10 968.00 USD Million [+]
Terrorism Index 0.23 0.47 1.09 0.00 [+]
Tourist Arrivals 7188.00 0.00 487651.00 0.00 people [+]
Capital Flows -188.63 312.35 2088.25 -679.40 USD Million [+]
External Debt 12708.61 13337.25 14754.06 8842.61 USD Million [+]
Foreign Direct Investment 89.88 102.50 273.82 68.70 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).