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.