News Americas, NEW YORK, NY, Fri. April 12, 2019: These 10 Caribbean countries received the most remittance in 2018, the latest data available according to the World Bank.
They are:
- The Dominican
Republic – USD 6,789 billion
- Haiti –
USD 2,986 billion
- Jamaica –
USD 2,455 billion
- Guyana – USD
286 million
- Trinidad
and Tobago – USD 142 million
- Barbados –
USD 115 million
- Sint Maarten
– USD 65 million
- Grenada –
USD 48 million
- Saint
Vincent and the Grenadines – USD 42 million
- Antigua & Barbuda – USD 35 million
Regionally, remittances flow into Latin America and the Caribbean grew 10 percent to $88 billion in 2018, supported by the strong U.S. economy. Mexico continued to receive the most remittances in the region, posting about $36 billion in 2018, up 11 percent over the previous year.
Colombia and Ecuador, which have migrants in Spain, posted 16 percent and 8 percent growth, respectively. Three other countries in the region posted double-digit growth: Guatemala (13 percent) as well as Dominican Republic and Honduras (both 10 percent), reflecting robust outbound remittances from the United States.
