Remittance inflows to Jamaica continue to recover in 2025 as reflected for the first two months this year, 
with an increased 2.3 percent or US$6.7 to US$259 million in February, up from US$254 million last year, a continuation from January that enjoyed an increase of 3.9 percent, data out of Bank of Jamaica show.
Remittance inflows for January and February 2025 amount to US$515 million, an increase of 3.1 percent over the same period in 2024, when the country received US$500 million.
Remittances climb for a 2nd month
May 2, 2025 by
Remittance inflows slowed in August
December 6, 2015 by
Remittance inflows for Jamaica slowed in August 2015 with inflows amounting to US$186 million, for an increase of just US$1.7 million over August last year but after accounting for outflows, net remittances were US$165 million, an increase of US$1 million or 0.7 percent compared to the corresponding period of 2014.
The growth in net remittance inflows reflected an increase in gross remittances, partially offset by an increase in remittance outflows, the country’s central bank reported.
Net remittances for calendar year to August 2015 were US$1.32 billion, representing growth of US$46 million or 3.6 percent versus the similar period of 2014. The outturn for the period, reflected an increase in gross inflows, which was partially offset by a growth in outflows, with total inflows being US$1.47 billion, representing an increase of US$49 million or 3.5 percent. Remittance inflows for the period were above the corresponding pre-crisis outturn for 2008.
The USA contributed US$919 million to inflows, the UK accounted for US$214 million, Canada $151 million, Cayman US$84 and other countries made up US$100 million of inflows for the period to August this year.