Personal remittances, paid in Jamaica
Jamaica: Personal remittances, paid was 312.99 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Jamaica, 1976–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, paid in Jamaica stood at 312.99 million current US$.
Compared with earlier readings it is down 9.1% on the previous year and up 13.8% over ten years.
Over the whole period, personal remittances, paid in Jamaica peaked at 396.18 million current US$ in 2007 and was at its lowest, 10.80 million current US$, in 1990.
Jamaica ranks 95th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37.05 million current US$ | 34.60 million current US$ | 40.90 million current US$ | 4 |
| 1980s | 36.46 million current US$ | 23.20 million current US$ | 57.80 million current US$ | 10 |
| 1990s | 50.77 million current US$ | 10.80 million current US$ | 119.50 million current US$ | 10 |
| 2000s | 304.33 million current US$ | 152.00 million current US$ | 396.18 million current US$ | 10 |
| 2010s | 302.41 million current US$ | 275.08 million current US$ | 333.54 million current US$ | 10 |
| 2020s | 334.77 million current US$ | 306.28 million current US$ | 363.45 million current US$ | 5 |
Countries ranked near Jamaica
More economy & growth data for Jamaica
- Agriculture, forestry, and fishing, value added 315.82 billion current LCU (2025)
- Inflation, consumer prices 4.0% (2025)
- GDP 17.32 billion constant 2015 US$ (2025)
- GDP 3.61 trillion current LCU (2025)
- GDP 22.70 billion current US$ (2025)
- Gross value added at basic prices (GVA) 1.72 trillion constant LCU (2025)
- Agriculture, forestry, and fishing, value added 2.9% (2025)
- Gross value added at basic prices (GVA) 14.69 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 131.99 billion constant LCU (2025)
- Total reserves minus gold 6.30 billion current US$ (2025)
Frequently asked questions
- What is personal remittances, paid in Jamaica?
- Personal remittances, paid in Jamaica was 312.99 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Jamaica?
- The highest recorded value was 396.18 million current US$ in 2007.
- What is the lowest personal remittances, paid recorded in Jamaica?
- The lowest recorded value was 10.80 million current US$ in 1990.
- How does Jamaica rank for personal remittances, paid?
- Jamaica ranks 95th out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Jamaica?
- Over the last ten years it is up 13.8%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.