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Economy of Jamaica. Statistics, Data and Indicators

flag
Jamaica
24B Credit rank #101
N/A Quality of life #
69 Corruption rank#62
71 Ease of doing business#74
Jamaica


Jamaica Major Economic Indicators

Indicator Data Period
GDP Value 13.81 USD Billion 2020
GDP Annual Growth Rate -6.7 % 1Q/21
GDP Growth Rate 0.6 % 1Q/21
GDP per capita 4358 USD 2020
Inflation Rate YoY 5 % May/21
Interest Rate 0.5 % Jun/21
Unemployment Rate 8.9 % 1Q/21
Balance of Trade -791489 USD Thousand | -0.791 B USD 3Q/20
Current Account 53.64 USD Million | 0.054 B USD 4Q/20
Foreign Exchange Reserves 4130 USD Million | 4.13 B USD May/21
Government Debt 2170441 USD Million | 2170.441 B USD Feb/21


GDP
vvp
13.81
USD Billion
#122 from 174 countries
GDP per capita
vvp
4358
USD
#95 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 13.81 USD Billion 2020
GDP Annual Growth Rate -6.7 % 1Q/21
GDP Growth Rate 0.6 % 1Q/21
GDP per capita 4358 USD 2020
GDP Constant Prices 180574 USD Million | 180.574 B USD 4Q/20
GDP per capita PPP 8742 USD 2020
GDP From Agriculture  12798 USD Million | 12.798 B USD 4Q/20
GDP From Construction  15831 USD Million | 15.831 B USD 4Q/20
GDP From Manufacturing  16730 USD Million | 16.73 B USD 4Q/20
GDP From Mining  3443 USD Million | 3.443 B USD 4Q/20
GDP From Public Administration  23802 USD Million | 23.802 B USD 4Q/20
GDP From Services  31991 USD Million | 31.991 B USD 4Q/20
GDP From Transport  19130 USD Million | 19.13 B USD 4Q/20
GDP From Utilities  5549 USD Million | 5.549 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 110 % 2020
Government Debt 2170441 USD Million | 2170.441 B USD Feb/21
Government Budget to GDP -3.9 % 2020
Military Expenditure 247 USD Million | 0.247 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 109 index points May/21
Food Inflation 5.4 % May/21
Gasoline Prices 1 USD/Liter Jun/21
Inflation Rate YoY 5 % May/21
Inflation Rate Mom 1.2 % May/21
CPI Housing Utilities 112 Index Points May/21
CPI Transportation 103 Index Points May/21


Trade Indicators

Indicator Data Period
Current Account to GDP -1.9 % 2019
Balance of Trade -791489 USD Thousand | -0.791 USD Billion 3Q/20
Capital Flows -118 USD Million | -0.118 USD Billion 4Q/20
Current Account 53.64 USD Million | 0.054 USD Billion 4Q/20
Exports 297551 USD Thousand | 0.298 USD Billion 3Q/20
External Debt 12709 USD Million | 12.709 B USD 3Q/20
Foreign Exchange Reserves 4130 USD Million | 4.13 B USD May/21
Imports 1089040 USD Thousand | 1.089 USD Billion 3Q/20
Tourist Arrivals 90164 Persons | 0.09 Million Persons Dec/20


Money Indicators

Indicator Data Period
Interest Rate 0.5 % Jun/21
Money Supply M1 353955 JMD Million | 2.379 B USD Apr/21
Money Supply M2 734449 JMD Million | 4.937 B USD Apr/21
Central Bank Balance Sheet 1028154 JMD Million | 6.911 B USD Mar/21
Deposit Interest Rate 2.5 % 2020
Foreign Direct Investment 50.59 USD Million | 0.051 B USD 4Q/20
Private Sector Credit  1073096 JMD Million | 7.213 B USD Mar/21


Labor Indicators

Indicator Data Period
Unemployment Rate 8.9 % 1Q/21
Youth Unemployment Rate 19 % 1Q/21
Employed Persons 1194800 Person | 1.195 Million Person 1Q/21
Employment Rate  91.1 % 1Q/21
Labor Force Participation Rate 62.8 % 1Q/21
Unemployed Persons 116100 Persons | 0.116 Million Persons 1Q/21


Taxes

Indicator Data Period
Corporate Tax Rate 25 % 2021
Personal Income Tax Rate 30 % 2021
Sales Tax Rate 15 % 2021
Social Security Rate 19.5 % 2021
Social Security Rate For Companies 12.25 % 2021
Social Security Rate For Employees 7.25 % 2021


Business Indicators

Indicator Data Period
Corruption Index 44 index points 2020
Corruption Rank 69 place 2020
Ease of Doing Business 71 place 2019
Competitiveness Index 58.25 Index Points 2019
Competitiveness Rank 80 2019


Government Debt
dept_icon
2170.441
B USD
#7 from 65 countries
Balance of Trade
balance_icon
-0.791
USD Billion
#144 from 173 countries


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
4.13
B USD
#90 from 114 countries


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
5
%
#57 from 174 countries


Interest Rate
discount_rate_icon
0.5
%
#132 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
8.9
%
#59 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries


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