Economy of Jamaica. Statistics, Data and Indicators
Jamaica
| 24B | Credit rank #101 |
| N/A | Quality of life # |
| 69 | Corruption rank#62 |
| 71 | Ease of doing business#74 |
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
13.81
USD Billion
#122 from 174 countries
GDP per capita
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
2170.441
B USD
#7 from 65 countries
Balance of Trade
-0.791
USD Billion
#144 from 173 countries
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
4.13
B USD
#90 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
5
%
#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
8.9
%
#59 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
