Caribbean remittance growth cools as uncertainty rises and pandemic momentum fades

Remittance inflows across the Caribbean grew 5.9 per cent in the first quarter of 2026, compared with the year-earlier period, but the pace of growth has decelerated, according to a recent report from the Inter-American Development Bank (IDB). “In 2026, remittances continue to grow, but at a more moderate pace as the exceptional conditions behind last year’s increase begin to ease,” the report stated.