Remittances to Jamaica up 3.8 per cent in 2025, says PIOJ

Remittances to Jamaica experienced a notable increase in 2025, totaling US$3,247.5 million, a 3.8 percent rise compared to 2024. This growth, detailed in the Planning Institute of Jamaica's Economic and Social Survey Jamaica, reflects a positive trend in financial flows to the island nation. The survey indicates that the overall increase in remittances was fueled by a US$127.8 million boost in inflows, reaching US$3,485.7 million. Specifically, remittance companies contributed significantly, with their inflows climbing by US$170.7 million to US$3,082.3 million. However, 'other remittances' saw a decrease of US$42.9 million, settling at US$403.4 million. Geographically, Jamaica's top remittance sources all showed growth. The United States, its largest source, contributed US$2,103.1 million, up 5.4 percent. The United Kingdom followed with an increase of 10.5 percent, totaling US$352.0 million, while flows from Canada rose by 3.5 percent to US$295.1 million.