Remittance inflows to Jamaica are on track for a record haul this year, following declines in 2022, 2023 and 2024, with inflows increasing by 3.5 percent to US$1.708 billion, following US$57 million more that came into the country over the January to June 2024 period.
Inflows in June this year increased by US$8 million to US$286.5 million, or 2.9 percent compared to US$278.3 million in June 2024.
At the current pace, inflows are set to surpass the record US$3.497 billion haul in 2021 and the second-best of US$3.44 billion in 2022. Inflows for the six months to June 2021, amounted to US$1.7044 billion $36 million behind this year intake.