Average remittance costs of sending $200 to a receiving country as a in Jamaica
Jamaica: Average remittance costs of sending $200 to a receiving country as a was 5.4% in 2025. ▼ Falling
Average remittance costs of sending $200 to a receiving country as a in Jamaica, 2011–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for average remittance costs of sending $200 to a receiving country as a in Jamaica is 5.4%, measured in 2025. That is the lowest value across all 11 years on record.
That represents a change of down 15.7% on the previous year and down 37.0% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Jamaica peaked at 8.9% in 2011 and was at its lowest, 5.4%, in 2025.
That places Jamaica 64th out of 110 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Average remittance costs of sending $200 to a receiving country as a in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 8.9% | — |
| 2015 | 8.5% | -4.6% |
| 2017 | 8.9% | +4.2% |
| 2018 | 8.2% | -7.5% |
| 2019 | 8.1% | -1.1% |
| 2020 | 6.9% | -15.1% |
| 2021 | 6.6% | -4.3% |
| 2022 | 6.2% | -6.2% |
| 2023 | 6.6% | +6.1% |
| 2024 | 6.4% | -3.0% |
| 2025 | 5.4% | -15.7% |
Jamaica compared with similar countries
- Jamaica's 5.4% is below the median for upper middle income countries, which is 5.5%, 98% of the median. (39 countries reporting)
- Jamaica's 5.4% is above the median for Latin America & Caribbean, which is 5.2%, 1.0× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.5% | 8.1% | 8.9% | 5 |
| 2020s | 6.3% | 5.4% | 6.9% | 6 |
Countries ranked near Jamaica
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.07 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.3763 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 305.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -38.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0139 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 107.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Jamaica?
- Average remittance costs of sending $200 to a receiving country as a in Jamaica was 5.4% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average remittance costs of sending $200 to a receiving country as a recorded in Jamaica?
- The highest recorded value was 8.9% in 2011.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Jamaica?
- The lowest recorded value was 5.4% in 2025.
- How does Jamaica rank for average remittance costs of sending $200 to a receiving country as a?
- Jamaica ranks 64th out of 110 countries with data for 2025.
- Is average remittance costs of sending $200 to a receiving country as a rising or falling in Jamaica?
- Over the last ten years it is down 37.0%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average remittance costs of sending $200 to a receiving country as a proportion of the amount remitted (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under UN SDG Global Database (open, attribution requested).