Personal remittances, paid (current US$), per unit of GDP in Jamaica
Jamaica: Personal remittances, paid (current US$), per unit of GDP was 0.0142 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Jamaica, 1976–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Jamaica recorded 0.0142 current US$ per US$ of GDP for personal remittances, paid (current us$), per unit of gdp in 2024.
The figure is down 11.6% on the previous year and down 28.2% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Jamaica peaked at 0.0384 current US$ per US$ of GDP in 2004 and was at its lowest, 0.0024 current US$ per US$ of GDP, in 1990.
Jamaica ranks 62nd 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.
Personal remittances, paid (current US$), per unit of GDP in Jamaica, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0138 current US$ per US$ of GDP | — |
| 1977 | 0.0107 current US$ per US$ of GDP | -22.1% |
| 1978 | 0.0131 current US$ per US$ of GDP | +21.8% |
| 1979 | 0.0156 current US$ per US$ of GDP | +19.1% |
| 1980 | 0.0131 current US$ per US$ of GDP | -15.7% |
| 1981 | 0.0117 current US$ per US$ of GDP | -10.6% |
| 1982 | 0.0098 current US$ per US$ of GDP | -16.8% |
| 1983 | 0.0101 current US$ per US$ of GDP | +3.2% |
| 1984 | 0.0164 current US$ per US$ of GDP | +62.5% |
| 1985 | 0.0275 current US$ per US$ of GDP | +67.9% |
| 1986 | 0.0151 current US$ per US$ of GDP | -45.3% |
| 1987 | 0.0122 current US$ per US$ of GDP | -18.8% |
| 1988 | 0.0061 current US$ per US$ of GDP | -50.4% |
| 1989 | 0.0055 current US$ per US$ of GDP | -9.7% |
| 1990 | 0.0024 current US$ per US$ of GDP | -57.0% |
| 1991 | 0.0027 current US$ per US$ of GDP | +16.0% |
| 1992 | 0.0033 current US$ per US$ of GDP | +19.3% |
| 1993 | 0.0025 current US$ per US$ of GDP | -22.6% |
| 1994 | 0.0059 current US$ per US$ of GDP | +133.8% |
| 1995 | 0.0076 current US$ per US$ of GDP | +29.4% |
| 1996 | 0.0095 current US$ per US$ of GDP | +24.5% |
| 1997 | 0.01 current US$ per US$ of GDP | +5.0% |
| 1998 | 0.012 current US$ per US$ of GDP | +20.2% |
| 1999 | 0.0134 current US$ per US$ of GDP | +12.4% |
| 2000 | 0.0169 current US$ per US$ of GDP | +25.5% |
| 2001 | 0.0195 current US$ per US$ of GDP | +15.6% |
| 2002 | 0.0249 current US$ per US$ of GDP | +27.8% |
| 2003 | 0.0342 current US$ per US$ of GDP | +37.0% |
| 2004 | 0.0384 current US$ per US$ of GDP | +12.4% |
| 2005 | 0.0328 current US$ per US$ of GDP | -14.6% |
| 2006 | 0.03 current US$ per US$ of GDP | -8.5% |
| 2007 | 0.031 current US$ per US$ of GDP | +3.2% |
| 2008 | 0.0266 current US$ per US$ of GDP | -14.1% |
| 2009 | 0.0222 current US$ per US$ of GDP | -16.6% |
| 2010 | 0.0211 current US$ per US$ of GDP | -4.8% |
| 2011 | 0.0211 current US$ per US$ of GDP | +0.1% |
| 2012 | 0.0225 current US$ per US$ of GDP | +6.5% |
| 2013 | 0.0209 current US$ per US$ of GDP | -7.4% |
| 2014 | 0.0198 current US$ per US$ of GDP | -5.1% |
| 2015 | 0.0192 current US$ per US$ of GDP | -3.0% |
| 2016 | 0.02 current US$ per US$ of GDP | +4.3% |
| 2017 | 0.0199 current US$ per US$ of GDP | -0.6% |
| 2018 | 0.0183 current US$ per US$ of GDP | -7.8% |
| 2019 | 0.0191 current US$ per US$ of GDP | +4.0% |
| 2020 | 0.0204 current US$ per US$ of GDP | +7.0% |
| 2021 | 0.0217 current US$ per US$ of GDP | +6.4% |
| 2022 | 0.0193 current US$ per US$ of GDP | -11.0% |
| 2023 | 0.0161 current US$ per US$ of GDP | -16.8% |
| 2024 | 0.0142 current US$ per US$ of GDP | -11.6% |
Jamaica compared with similar countries
- Jamaica's 0.0142 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0083 current US$ per US$ of GDP, 1.7× the median. (54 countries reporting)
- Jamaica's 0.0142 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0083 current US$ per US$ of GDP, 1.7× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0133 current US$ per US$ of GDP | 0.0107 current US$ per US$ of GDP | 0.0156 current US$ per US$ of GDP | 4 |
| 1980s | 0.0127 current US$ per US$ of GDP | 0.0055 current US$ per US$ of GDP | 0.0275 current US$ per US$ of GDP | 10 |
| 1990s | 0.0069 current US$ per US$ of GDP | 0.0024 current US$ per US$ of GDP | 0.0134 current US$ per US$ of GDP | 10 |
| 2000s | 0.0276 current US$ per US$ of GDP | 0.0169 current US$ per US$ of GDP | 0.0384 current US$ per US$ of GDP | 10 |
| 2010s | 0.0202 current US$ per US$ of GDP | 0.0183 current US$ per US$ of GDP | 0.0225 current US$ per US$ of GDP | 10 |
| 2020s | 0.0184 current US$ per US$ of GDP | 0.0142 current US$ per US$ of GDP | 0.0217 current US$ per US$ of GDP | 5 |
Countries ranked near Jamaica
- 59 Czechia 0.0152 current US$ per US$ of GDP compare
- 60 Netherlands 0.0149 current US$ per US$ of GDP compare
- 61 Serbia 0.0147 current US$ per US$ of GDP compare
- 63 Latvia 0.0138 current US$ per US$ of GDP compare
- 64 Belize 0.0138 current US$ per US$ of GDP compare
- 65 Faroe Islands 0.0137 current US$ per US$ of GDP compare
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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Jamaica?
- Personal remittances, paid (current us$), per unit of gdp in Jamaica was 0.0142 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Jamaica?
- The highest recorded value was 0.0384 current US$ per US$ of GDP in 2004.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Jamaica?
- The lowest recorded value was 0.0024 current US$ per US$ of GDP in 1990.
- How does Jamaica rank for personal remittances, paid (current us$), per unit of gdp?
- Jamaica ranks 62nd out of 195 countries with data for 2024.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Jamaica?
- Over the last ten years it is down 28.2%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.