Remittance inflows continue to climb for Jamaica, with record June inflows of US$312 million, an increase of US$24.5 million or 8.5 percent over June 2025, data out of Jamaica’s central bank, Bank of Jamaica, (BOJ) show.
According to the BOJ data, there are only 7 other periods when inflows exceeded US$312 million garnered in June. In March 2021, US$328 million in inflows was achieved, with March 2026 delivering US$319 million and July 2022 when inflows totaled US$324 million, the other times were all in December, with December 2021 generating US$322 million, 2022 US$326 million, followed by December 2023 with US$314 million and 2025 US$335 million.
Remittance inflows to Jamaica climbed 4.2 percent to an all-time record high of US$1.78 billion, for 2026 to June, up US$71 million from US$1.71 billion for the same period last year. This year to date increase, puts to the annual outturn at around US$3.6 billion for 2026 and would be the highest on record, beating the long standing record in 2021 inflows of US$3.497 billion.
Remittance inflows for January to April 2026 continued the positive monthly trend since November last year. Flows to Jamaica amounted to a record US$1.1536 billion, 3.2 percent over the corresponding period in 2025, with earnings of US$1,118 billion. 
Inflows climbed of 4.1 per cent to US$856 million or an increase of $33.5 million for January to March period this year, over the corresponding period of 2025 that enjoyed inflows of US$822.5 million.
In 2025 total inflows to the country rose by 3.84 percent to US$3.486 sit just under the record haul of US$3.497 billion in 2021. This year’s increase is lower than the 5.7 percent rise for January last year, 5.6 percent in May, 14.3 percent in November and 12.1 percent in December of 2025.
The Montego Bay airport processed 274,500 incoming and outgoing passengers, down by 31.4 percent from 400,100 in 2025, representing a 17 percent improvement over the 37.7 percent decline for January. For the year to date, traffic dropped 34.7 percent to 559,000 from 856,300 in the prior year.
Last year’s intake is the second highest on record and bettered the 2022 intake of US$3.44 billion. 
Bank of Jamaica announced that, effective 24 February 2026, the rate offered on overnight balances on the current accounts of deposit-taking institutions, the policy rate, will be reduced by 25 basis points from 5.75 percent per annum to 5.50 per cent per annum. 
This earlier-than-previously-anticipated return to target reflects a moderation of the Bank’s forecast for later (or second-round) price increases. In addition, private sector expectations of future inflation (inflation expectations), a key driver of headline inflation, are forecast to fall to normal levels over the near term. The current account of Jamaica’s balance of payments is, however, projected to record higher deficits over the near term as the economy rebuilds from the Hurricane Melissa fallout, but the international reserves remain healthy and are projected to improve further. The forecast also considers the direct impact of the recently announced tax package.