Remittances received — all countries

Remittances received — Jamaica

Remittances received in Jamaica in 2024 — 3,564,377,716 US$. Ranked 49 in the world out of 160. Since 1976, the indicator has risen by 3,927.5%.

2024 3.56B US$ −1.01% vs 2023
World rank 49of 160
Period maximum 3.71B US$2021
Period minimum 69.1M US$1978

Trend over time

1976–2024 · US$

Remittances received — Jamaica, 1976–202401B2B3B4B197619811986199119962001200620112016202120241976: 88,500,000 US$1977: 81,699,997 US$1978: 69,099,998 US$1979: 89,900,002 US$1980: 95,500,000 US$1981: 107,000,000 US$1982: 111,099,999 US$1983: 84,199,997 US$1984: 73,900,002 US$1985: 145,500,000 US$1986: 111,500,000 US$1987: 120,500,000 US$1988: 153,899,994 US$1989: 208,500,000 US$1990: 228,699,997 US$1991: 181,300,003 US$1992: 215,600,006 US$1993: 239,199,997 US$1994: 522,099,976 US$1995: 639,100,000 US$1996: 690,300,000 US$1997: 715,100,000 US$1998: 741,500,000 US$1999: 775,000,000 US$2000: 877,700,000 US$2001: 1,046,600,000 US$2002: 1,241,600,000 US$2003: 1,379,600,000 US$2004: 1,601,198,135 US$2005: 1,761,628,767 US$2006: 1,923,735,274 US$2007: 2,122,091,021 US$2008: 2,156,589,500 US$2009: 1,889,494,349 US$2010: 2,026,445,825 US$2011: 2,105,606,761 US$2012: 2,168,136,683 US$2013: 2,171,887,541 US$2014: 2,268,785,014 US$2015: 2,361,233,874 US$2016: 2,433,422,796 US$2017: 2,462,677,565 US$2018: 2,501,614,919 US$2019: 2,562,542,095 US$2020: 3,066,873,500 US$2021: 3,706,698,183 US$2022: 3,687,554,909 US$2023: 3,600,799,950 US$2024: 3,564,377,716 US$
Change over the period: +3.48B (+3,927.55%) Average annual rate: 8 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Jamaica

Jamaica 3.56B US$
World 857B US$
Upper-middle-income countries computed 221B US$
Remittances received — Jamaica, by year Jamaica All countries CSV XLSX
Year US$ Change Change, %
2024 3.56B −36.42M −1.01%
2023 3.6B −86.75M −2.35%
2022 3.69B −19.14M −0.52%
2021 3.71B +640M +20.86%
2020 3.07B +504M +19.68%
2019 2.56B +60.93M +2.44%
2018 2.5B +38.94M +1.58%
2017 2.46B +29.25M +1.2%
2016 2.43B +72.19M +3.06%
2015 2.36B +92.45M +4.07%
2014 2.27B +96.9M +4.46%
2013 2.17B +3.75M +0.17%
2012 2.17B +62.53M +2.97%
2011 2.11B +79.16M +3.91%
2010 2.03B +137M +7.25%
2009 1.89B −267M −12.39%
2008 2.16B +34.5M +1.63%
2007 2.12B +198M +10.31%
2006 1.92B +162M +9.2%
2005 1.76B +160M +10.02%
2004 1.6B +222M +16.06%
2003 1.38B +138M +11.11%
2002 1.24B +195M +18.63%
2001 1.05B +169M +19.24%
2000 878M +103M +13.25%
1999 775M +33.5M +4.52%
1998 742M +26.4M +3.69%
1997 715M +24.8M +3.59%
1996 690M +51.2M +8.01%
1995 639M +117M +22.41%
1994 522M +283M +118.27%
1993 239M +23.6M +10.95%
1992 216M +34.3M +18.92%
1991 181M −47.4M −20.73%
1990 229M +20.2M +9.69%
1989 209M +54.6M +35.48%
1988 154M +33.4M +27.72%
1987 121M +9M +8.07%
1986 112M −34M −23.37%
1985 146M +71.6M +96.89%
1984 73.9M −10.3M −12.23%
1983 84.2M −26.9M −24.21%
1982 111M +4.1M +3.83%
1981 107M +11.5M +12.04%
1980 95.5M +5.6M +6.23%
1979 89.9M +20.8M +30.1%
1978 69.1M −12.6M −15.42%
1977 81.7M −6.8M −7.68%
1976 88.5M

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.