A comprehensive analysis by the Inter-American Development Bank (IDB) Group reveals complex dynamics within Caribbean remittance flows for 2025, with Haiti presenting particularly contradictory economic signals despite maintaining its position as the region’s second-largest recipient nation.
The report “Remittances to Latin America and the Caribbean in 2025” indicates the Caribbean sub-region will experience a 9.2% growth in diaspora transfers, though this pace remains more moderate than Central American counterparts. Total remittances across all Caribbean nations are projected to reach approximately $20.9 billion, predominantly driven by the Dominican Republic’s remarkable $11.9 billion inflow.
Geographic distribution analysis identifies the United States as the primary source of Caribbean remittances (50.4%), followed by Canada (10.6%). Haiti’s remittance profile shows even stronger dependence on U.S. sources, which account for 62.8% of its total inflows, with Canada contributing another 10.6%. Notably, a significant portion of remaining transfers originates from Haitians residing in the Dominican Republic.
Despite receiving $4.9 billion in remittances—surpassing Jamaica and Trinidad and Tobago—Haiti demonstrates concerning economic metrics. While remittances’ share of Caribbean GDP is projected to increase from 9.2% to 10.0% overall, Haiti experiences a 3.6% decline in this critical indicator, suggesting deeper structural economic challenges beneath surface-level financial inflows.