Remittances in Jamaica increased to 3497.10 USD Million in 2021 from 2905 USD Million in 2020. source: Bank of Jamaica

Remittances in Jamaica averaged 2023.47 USD Million from 2001 until 2021, reaching an all time high of 3497.10 USD Million in 2021 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 March of 2023.

Remittances in Jamaica is expected to reach 2400.00 USD Million by the end of 2022, 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 2023, according to our econometric models.

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Jamaica Remittances

Related Last Previous Unit Reference
Balance of Trade -1622803.26 -1483137.44 USD Thousand Sep 2022
Current Account -175.50 19.64 USD Million Sep 2022
Current Account to GDP 0.70 -0.30 percent of GDP Dec 2021
Imports 2089079.24 1948732.95 USD Thousand Sep 2022
Exports 466275.98 460512.13 USD Thousand Sep 2022
Remittances 3497.10 2905.00 USD Million Dec 2021
Foreign Direct Investment 100.10 69.00 USD Million Sep 2022
External Debt 14221.76 13793.90 USD Million Sep 2022
Capital Flows -258.40 131.90 USD Million Sep 2022
Tourist Arrivals 90164.00 49413.00 Dec 2020

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).
Actual Previous Highest Lowest Dates Unit Frequency
3497.10 2905.00 3497.10 968.00 2001 - 2021 USD Million Yearly