Best year for remittance inflows   


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.

Record remittance inflows for Jamaica


Remittance inflows into Jamaica slipped by a mere half of one percent to US$294.2 million in April this year, down by just US$2.3 million from April 2025, but remain at record levels for the year to date.

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.   

The United States of America continues to be the primary source market, accounting for 68.8 per cent of total remittance inflows, with the United Kingdom contributing 11.1 percent, Canada 8.5 percent, and the Cayman Islands 6.4 percent.

Tourist traffic improvement continues for Jamaica


Tourist traffic transiting Montego Bay’s Sangster International Airport shows a modest improvement in May compared with April, with a fall of 19 percent compared with 22 percent for April, this year over 2025, data released by Grupo Aeroportuario Del Pacifico show.

Traffic through Kingston’s Norman Manley International Airport dropped by 5.2 percent to 138,700 passengers in May this year, from 146,300 in May 2025. The decline in May compares favourably with a 6 percent fall in April this year, compared with 2025.
For the Year to May, the Montego Bay airport processed 27.3 percent less passengers than last year, with 1,573,000 passing through, versus 2,164,800 in 2025, an improvement over the 29.2 percent fall up to April.
The capital city ended with 699,200 passengers, moving through the Norman Manley International Airport, with a fall of 4.1 percent to 729,300 versus 3.1 percent up to April this year.

Remittances to Jamaica rise


Remittance inflows to Jamaica continue to increase, with a rise of 3.9 percent to US$314 million for March, compared with US$302.4 million in same month last year. The growth in March, continues the trend in January and February this year, with increases of 5 and 3.4 percent respectively, data released by Jamaica Central Bank show.

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.

Jamaica missed enjoying record inflows last year when total inflows fell just US$11.4 million short of the record inflows of $3.495 million in 2021, so far total inflows are on track to surpass $3.5 billion this year barring any unforeseen developments and therefore set a new all-time record high.

Record remittance inflows for January


Remittance inflows to Jamaica increase of US$13 million or a solid 5 percent in total remittance inflows to a record for the first month of the year, with January 2026 hitting US$273.2 million up from January 2025, data out of the Bank of Jamaica show.

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.

If total remittances remained flat for the rest of 2026, the country will end with record inflows for the year of just under US$3.5 billion.  

2025 remittances US$12 million shy of record


Remittance inflows to Jamaica surged 12.1 percent to US$334.9 million in December 2025, over the corresponding period in 2024 and pushed the total inflows for the year by 3.8 percent to US$3.4857 billion, just $12 million short of the record haul in 2021 of US$3.497 billion.

Last year’s intake is the second highest on record and bettered the 2022 intake of US$3.44 billion. 

Remittance inflows for December 2025 increased by US$36.2 million or 12.1 percent to US$334.9 million, a record collection for any previous December.

The near-record 2025 haul was fueled by 10 months of increase, with only August and October recording declines.

Total remittance inflows into Jamaica between 2021 and 2025.

Jamaica’s NIR record year-end close


Jamaica’s net international reserves (NIR) climbed by US$695 million in 2025 to close the year at a record yearly high of US$6.279 billion, data released by the Bank of Jamaica show.

The 2025 increase is just above the average of US$631 million from 2021 to 2025, but less than the 2024 increase of $836 million, and  2023, with net inflows of US$770 million.
Last year’s growth was the worst since 2021, except for 2022, when inflows fell and dragged down the NIR at the end of that year.

Remittance flows climb for Jamaica


Remittance inflows to Jamaica for the year to September 2025 climbed 2.9 percent to US$2.5866 billion, over the US$2.514 billion collected in the similar period in 2024.  

This year’s inflows are the second best on record, just $19 million below the record of US$2.695 billion garnered in the first nine months of 2021. The trend for the year to date suggests that total flows for the year may end around US$40 less than the record US$3.497 billion in 2021. Inflows could increase above the levels for 2025 to date following the passage of Hurricane Melissa, as Jamaicans overseas increase their contributions to Jamaicans hit by the hurricane.
Inflows for September this year rose by 4.7 per cent or US$13 million to US$287.6 million compared with $274.6 million for the same period in 2024.

Remittances neck & neck with record 2021


Remittance inflows into Jamaica amount to US$291 million for August 2025, representing a decline of 2.8 percent or US$8.5 million in comparison to August 2024, when total inflows were US$300 million, data released by the Bank of Jamaica show.

For the eight months ending August 2025, total remittance inflows to Jamaica amount to US$2.302 billion, an increase of 2.8 percent compared to inflows for January to August last year of US$2.239 billion. The total inflows for this year are marginally ahead of the record haul of 2021, with US$2.3 billion in inflows up to August 2021.

Jamaica remittances on track for record


Remittance inflows to Jamaica rose 4.6 percent in July this year over the 2024 period to US$302.2 million, taking the total for the seven months this year to US$2.01 billion, 3.6 percent more than the take in 2024, for the same period but below the record year of 2021 when inflows for the first 7 months were $2,028 billion, data from Bank of Jamaica reveal.

Aside from the record take for 2021, the year-to-date inflows exceed all previous years’ figures. Gross inflows for July 2025 dropped by US$21 million compared with July 2021. For the seven months to July this year, inflows are down US$17 million from the 2021 seven-month period. To exceed the record 2021 intake of US$3.497 billion, it will require growth of just under 5 percent for the last 5 months of this year. Regardless, the 2025 numbers appear on track to at least come close to the record haul in 2021 to be either the best year or the second-best.

are on track for a record haul this year, following declines between 2022 and 2023, with inflows increasing by 3.5 percent to US$1.708 billion as US$57 million more came into the country over the January to June 2024 period.

Inflows in June continue to rise for the year compared with 2024, increasing by US$7.2 million, with a 2.8 percent increase to US$267.5 million in comparison to June 2024.