Remittances into Jamaica reached a record $2.42 billion in the first eight months of 2026, up 5.3 percent over the similar period in 2025, after climbing 9.3 percent in August to US$315 million. the country previous highest inflows for the first eight months was US$2,3 billion in 2021, some US$465 million more than the same period in 2020.
According to the data released by the Bank of Jamaica, this year’s inflows are US$122.7 million more than the US$2.299 billion gross inflows into the country for the same period last year.
The country is set to earn US$3.7 billion if growth in gross inflows continues for the remaining months of the year, or 5.8 percent more than the record haul of US$3.497 billion in 2021, the first year, inflows exceeded US$3 billion and US$215 million more than in 2026.
Remittances remain the second-largest source of foreign exchange inflows into the economy, with tourism being the highest.
The 2026 growth was broadly in line with that recorded in Guatemala, up 5.4 percent, but exceeded the rates of growth in El Salvador 4.0 percent and Mexico 2.2 percent, Bank of Jamaica reported.

The number of passengers travelling via the Sangster International Airport was 344,600, down from 447,400 last year August. For the year to date, 2.63 million passed through the island’s north western airport, 26.2 percent below last year of 3.56 million passengers.
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.