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Economy of Jamaica. Statistics, Data and Indicators

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


Jamaica Major Economic Indicators

Indicator Data Period
GDP Value 13.64 USD Billion 2021
GDP Annual Growth Rate 6.4 % 1Q/22
GDP Growth Rate -1.2 % 1Q/22
GDP per capita 4529 USD 2020
Inflation Rate YoY 10.9 % May/22
Interest Rate 5.5 % Jun/22
Unemployment Rate 6.2 % 1Q/22
Balance of Trade -859731 USD Thousand | -0.86 B USD 3Q/21
Current Account 42.1 USD Million | 0.042 B USD 3Q/21
Foreign Exchange Reserves 4183 USD Million | 4.183 B USD May/22
Government Debt 2201202 USD Million | 2201.202 B USD Aug/21


GDP Indicators

Indicator Data Period
GDP Value 13.64 USD Billion 2021
GDP Annual Growth Rate 6.4 % 1Q/22
GDP Growth Rate -1.2 % 1Q/22
GDP per capita 4529 USD 2020
GDP Constant Prices 189919 USD Million | 189.919 B USD 1Q/22
GDP per capita PPP 8742 USD 2020
GDP From Agriculture  16013 USD Million | 16.013 B USD 1Q/22
GDP From Construction  16701 USD Million | 16.701 B USD 1Q/22
GDP From Manufacturing  17144 USD Million | 17.144 B USD 1Q/22
GDP From Mining  1493 USD Million | 1.493 B USD 1Q/22
GDP From Public Administration  22955 USD Million | 22.955 B USD 1Q/22
GDP From Services  34461 USD Million | 34.461 B USD 1Q/22
GDP From Transport  20405 USD Million | 20.405 B USD 1Q/22
GDP From Utilities  5825 USD Million | 5.825 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 110 % 2020
Government Debt 2201202 USD Million | 2201.202 B USD Aug/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) 121 index points May/22
Food Inflation 13.85 % May/22
Gasoline Prices 1.42 USD/Liter Jun/22
Inflation Rate YoY 10.9 % May/22
Inflation Rate Mom 0.3 % May/22
CPI Housing Utilities 116 Index Points May/22
CPI Transportation 118 Index Points May/22


Trade Indicators

Indicator Data Period
Current Account to GDP 0.2 % 2020
Balance of Trade -859731 USD Thousand | -0.86 USD Billion 3Q/21
Capital Flows 76.9 USD Million | 0.077 USD Billion 3Q/21
Current Account 42.1 USD Million | 0.042 USD Billion 3Q/21
Exports 367190 USD Thousand | 0.367 USD Billion 3Q/21
External Debt 14447 USD Million | 14.447 B USD 4Q/21
Foreign Exchange Reserves 4183 USD Million | 4.183 B USD May/22
Imports 1226920 USD Thousand | 1.227 USD Billion 3Q/21
Tourist Arrivals 90164 Persons | 0.09 Million Persons Dec/20


Money Indicators

Indicator Data Period
Interest Rate 5.5 % Jun/22
Money Supply M1 369356 JMD Million | 2.456 B USD Aug/21
Money Supply M2 760801 JMD Million | 5.058 B USD Aug/21
Central Bank Balance Sheet 1133216 JMD Million | 7.534 B USD Aug/21
Deposit Interest Rate 2.5 % 2020
Foreign Direct Investment 118 USD Million | 0.118 B USD 3Q/21
Private Sector Credit  1118953 JMD Million | 7.439 B USD Aug/21


Labor Indicators

Indicator Data Period
Unemployment Rate 6.2 % 1Q/22
Youth Unemployment Rate 17.7 % 1Q/22
Employed Persons 1257100 Person | 1.257 Million Person 1Q/22
Employment Rate  93.8 % 1Q/22
Labor Force Participation Rate 64 % 1Q/22
Unemployed Persons 83500 Persons | 0.084 Million Persons 1Q/22


Taxes



Business Indicators

Indicator Data Period
Corruption Index 44 index points 2021
Corruption Rank 70 place 2021
Ease of Doing Business 71 place 2019
Competitiveness Index 58.25 Index Points 2019
Competitiveness Rank 80 2019