Remittances, annual growth rate in Jamaica

Jamaica: Remittances, annual growth rate was -3.69 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-3.69 % change on previous year
Change on year
up 74.1%
World rank
115th
of 189 countries
All-time high
122.51 % change on previous year
in 1985
All-time low
-41.57 % change on previous year
in 1986
Years of data
48
1977–2024

Remittances, annual growth rate in Jamaica, 1977–2024

-50050100197720002024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, remittances, annual growth rate in Jamaica stood at -3.69 % change on previous year.

That represents a change of up 74.1% on the previous year and down 151.2% over ten years.

Over the whole period, remittances, annual growth rate in Jamaica peaked at 122.51 % change on previous year in 1985 and was at its lowest, -41.57 % change on previous year, in 1986.

Jamaica ranks 115th of 189 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.

Remittances, annual growth rate in Jamaica, year by year

Annual values for Remittances, annual growth rate in Jamaica, 1977 to 2024.
Year % change on previous year Change
1977 -15.74 % change on previous year —
1978 3.93 % change on previous year -125.0%
1979 41.88 % change on previous year +964.6%
1980 -3.85 % change on previous year -109.2%
1981 0.7721 % change on previous year -120.0%
1982 -6.08 % change on previous year -887.8%
1983 -31.03 % change on previous year +410.2%
1984 33.83 % change on previous year -209.0%
1985 122.51 % change on previous year +262.1%
1986 -41.57 % change on previous year -133.9%
1987 -9.43 % change on previous year -77.3%
1988 9.66 % change on previous year -202.4%
1989 17.74 % change on previous year +83.7%
1990 5.22 % change on previous year -70.6%
1991 -11.34 % change on previous year -317.5%
1992 38.12 % change on previous year -436.0%
1993 -27.9 % change on previous year -173.2%
1994 117.77 % change on previous year -522.2%
1995 1.47 % change on previous year -98.7%
1996 -3.91 % change on previous year -365.6%
1997 -8.82 % change on previous year +125.2%
1998 -0.8768 % change on previous year -90.1%
1999 3.34 % change on previous year -481.3%
2000 11.77 % change on previous year +251.9%
2001 16.78 % change on previous year +42.6%
2002 12.23 % change on previous year -27.1%
2003 14.52 % change on previous year +18.7%
2004 7.57 % change on previous year -47.8%
2005 -0.4423 % change on previous year -105.8%
2006 2.92 % change on previous year -760.1%
2007 2.82 % change on previous year -3.5%
2008 -5.12 % change on previous year -281.6%
2009 -0.8989 % change on previous year -82.4%
2010 -1.68 % change on previous year +86.5%
2011 -4.9 % change on previous year +192.3%
2012 0.4493 % change on previous year -109.2%
2013 3.98 % change on previous year +786.9%
2014 7.2 % change on previous year +80.8%
2015 -3.33 % change on previous year -146.2%
2016 3.5 % change on previous year -205.3%
2017 -4.47 % change on previous year -227.6%
2018 -4.88 % change on previous year +9.2%
2019 1.41 % change on previous year -128.9%
2020 35.85 % change on previous year +2446.7%
2021 13.57 % change on previous year -62.2%
2022 -15.58 % change on previous year -214.9%
2023 -14.23 % change on previous year -8.7%
2024 -3.69 % change on previous year -74.1%

Jamaica compared with similar countries

  • Jamaica's -3.69 % change on previous year is below the median for upper middle income countries, which is -3.05 % change on previous year, 1.2× the median. (54 countries reporting)
  • Jamaica's -3.69 % change on previous year is below the median for Latin America & Caribbean, which is -1.88 % change on previous year, 2.0× the median. (35 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +2446.7% 1.41 % change on previous year 35.85 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.02 % change on previous year -15.74 % change on previous year 41.88 % change on previous year 3
1980s 9.25 % change on previous year -41.57 % change on previous year 122.51 % change on previous year 10
1990s 11.31 % change on previous year -27.9 % change on previous year 117.77 % change on previous year 10
2000s 6.21 % change on previous year -5.12 % change on previous year 16.78 % change on previous year 10
2010s -0.2701 % change on previous year -4.9 % change on previous year 7.2 % change on previous year 10
2020s 3.18 % change on previous year -15.58 % change on previous year 35.85 % change on previous year 5

Countries ranked near Jamaica

  1. 112 Dominica -3.41 % change on previous year compare
  2. 113 Poland -3.51 % change on previous year compare
  3. 114 Mozambique -3.58 % change on previous year compare
  4. 116 Morocco -3.85 % change on previous year compare
  5. 117 Japan -3.87 % change on previous year compare
  6. 118 Czechia -3.98 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Jamaica

All data for Jamaica →

Frequently asked questions

What is remittances, annual growth rate in Jamaica?
Remittances, annual growth rate in Jamaica was -3.69 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Jamaica?
The highest recorded value was 122.51 % change on previous year in 1985.
What is the lowest remittances, annual growth rate recorded in Jamaica?
The lowest recorded value was -41.57 % change on previous year in 1986.
How does Jamaica rank for remittances, annual growth rate?
Jamaica ranks 115th out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Jamaica?
Over the last ten years it is down 151.2%. The long-run trend across the full record is volatile.
Where does this Jamaica data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/jamaica/

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<a href="https://reference.statizoid.com/stat/remittances-annual-growth-rate/jamaica/">Remittances, annual growth rate in Jamaica</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.