For the first months of 2021, remittance inflows into Jamaica exceeded the US$1-billion mark.

Net remittance inflows of US$1012.7 million increased by 52.6 per cent or US$349.1 million relative to the previous corresponding period.

For the month of April, the Bank of Jamaica (BOJ) reports that net remittance inflows of US$270.7 million increased by 69.5 per cent or US$110.9 million in comparison to April of 2020.

The BOJ said that the largest source market of remittance flows to Jamaica for April 2021 remains the USA.

Remittances from the USA accounted for 72.3 per cent of total flows. That was, however, down from 77.9 per cent recorded for April 2020.

https://www.jamaicaobserver.com/business-observer/remittances-exceed-us-1-billion-in-first-four-months-of-2021_225968?profile=1056