Economy of Jamaica. Statistics, Data and Indicators
Jamaica
| 24B | Credit rank #101 |
| N/A | Quality of life # |
| 74 | Corruption rank#62 |
| 71 | Ease of doing business#74 |
Jamaica Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 15.72 USD Billion | 2018 |
| GDP Annual Growth Rate | -2.3 % | 1Q/20 |
| GDP Growth Rate | -1.7 % | 1Q/20 |
| GDP per capita | 4867 USD | 2019 |
| Inflation Rate YoY | 5.6 % | Aug/20 |
| Interest Rate | 0.5 % | Aug/20 |
| Unemployment Rate | 7.3 % | 1Q/20 |
| Balance of Trade | -1147418 USD Thousand | -1.147 B USD | 3Q/19 |
| Current Account | 40.69 USD Million | 0.041 B USD | 1Q/20 |
| Foreign Exchange Reserves | 3511 USD Million | 3.511 B USD | Jul/20 |
| Government Debt | 2054365 USD Million | 2054.365 B USD | Jun/20 |
GDP
15.72
USD Billion
#122 from 174 countries
GDP per capita
4867
USD
#95 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 15.72 USD Billion | 2018 |
| GDP Annual Growth Rate | -2.3 % | 1Q/20 |
| GDP Growth Rate | -1.7 % | 1Q/20 |
| GDP per capita | 4867 USD | 2019 |
| GDP Constant Prices | 191053 USD Million | 191.053 B USD | 1Q/20 |
| GDP per capita PPP | 9762 USD | 2019 |
| GDP From Agriculture | 15083 USD Million | 15.083 B USD | 1Q/20 |
| GDP From Construction | 14594 USD Million | 14.594 B USD | 1Q/20 |
| GDP From Manufacturing | 16629 USD Million | 16.629 B USD | 1Q/20 |
| GDP From Mining | 3464 USD Million | 3.464 B USD | 1Q/20 |
| GDP From Public Administration | 22862 USD Million | 22.862 B USD | 1Q/20 |
| GDP From Services | 33330 USD Million | 33.33 B USD | 1Q/20 |
| GDP From Transport | 20326 USD Million | 20.326 B USD | 1Q/20 |
| GDP From Utilities | 6177 USD Million | 6.177 B USD | 1Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 103 % | 2017 |
| Government Debt | 2054365 USD Million | 2054.365 B USD | Jun/20 |
| Government Budget to GDP | 1.4 % | 2019 |
| Military Expenditure | 201 USD Million | 0.201 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 106 index points | Aug/20 |
| Food Inflation | 6.9 % | Mar/20 |
| Gasoline Prices | 0.8 USD/Liter | Aug/20 |
| Inflation Rate YoY | 5.6 % | Aug/20 |
| Inflation Rate Mom | 0.2 % | Aug/20 |
| CPI Housing Utilities | 107 Index Points | Aug/20 |
| CPI Transportation | 100 Index Points | Aug/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -1.9 % | 2019 |
| Balance of Trade | -1147418 USD Thousand | -1.147 USD Billion | 3Q/19 |
| Capital Flows | 312 USD Million | 0.312 USD Billion | 1Q/20 |
| Current Account | 40.69 USD Million | 0.041 USD Billion | 1Q/20 |
| Exports | 386061 USD Thousand | 0.386 USD Billion | 3Q/19 |
| External Debt | 13337 USD Million | 13.337 B USD | 1Q/20 |
| Foreign Exchange Reserves | 3511 USD Million | 3.511 B USD | Jul/20 |
| Imports | 1533479 USD Thousand | 1.533 USD Billion | 3Q/19 |
| Tourist Arrivals | 177318 Persons | 0.177 Million Persons | Mar/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 0.5 % | Aug/20 |
| Money Supply M1 | 258036 JMD Million | 1.828 B USD | May/19 |
| Money Supply M2 | 560700 JMD Million | 3.972 B USD | May/19 |
| Central Bank Balance Sheet | 846555 JMD Million | 5.996 B USD | Mar/20 |
| Deposit Interest Rate | 3.2 % | 2018 |
| Foreign Direct Investment | 102 USD Million | 0.102 B USD | 1Q/20 |
| Private Sector Credit | 1012312 JMD Million | 7.17 B USD | May/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 7.3 % | 1Q/20 |
| Youth Unemployment Rate | 18 % | 4Q/19 |
| Employed Persons | 1269100 Person | 1.269 Million Person | 1Q/20 |
| Employment Rate | 92.7 % | 1Q/20 |
| Labor Force Participation Rate | 64.5 % | 4Q/19 |
| Unemployed Persons | 100400 Persons | 0.1 Million Persons | 1Q/20 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 25 % | 2020 |
| Personal Income Tax Rate | 30 % | 2020 |
| Sales Tax Rate | 16.5 % | 2020 |
| Social Security Rate | 18.75 % | 2020 |
| Social Security Rate For Companies | 12 % | 2020 |
| Social Security Rate For Employees | 6.75 % | 2020 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 43 index points | 2019 |
| Corruption Rank | 74 place | 2019 |
| Ease of Doing Business | 71 place | 2019 |
| Competitiveness Index | 58.25 Index Points | 2019 |
| Competitiveness Rank | 80 | 2019 |
Government Debt
2054.365
B USD
#7 from 65 countries
Balance of Trade
-1.147
USD Billion
#144 from 173 countries
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
3.511
B USD
#90 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
5.6
%
#57 from
174 countries
Interest Rate
0.5
%
#132 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
7.3
%
#59 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
