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 | 15.72 USD Billion | 2018 |
| GDP Annual Growth Rate | -10.7 % | 3Q/20 |
| GDP Growth Rate | 8.3 % | 3Q/20 |
| GDP per capita | 4867 USD | 2019 |
| Inflation Rate YoY | 5.2 % | Dec/20 |
| Interest Rate | 0.5 % | Feb/21 |
| Unemployment Rate | 12.6 % | 3Q/20 |
| Balance of Trade | -723506 USD Thousand | -0.724 B USD | 2Q/20 |
| Current Account | -106 USD Million | -0.106 B USD | 2Q/20 |
| Foreign Exchange Reserves | 3857 USD Million | 3.857 B USD | Dec/20 |
| Government Debt | 2079464 USD Million | 2079.464 B USD | Sep/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 | -10.7 % | 3Q/20 |
| GDP Growth Rate | 8.3 % | 3Q/20 |
| GDP per capita | 4867 USD | 2019 |
| GDP Constant Prices | 160859 USD Million | 160.859 B USD | 2Q/20 |
| GDP per capita PPP | 9762 USD | 2019 |
| GDP From Agriculture | 14072 USD Million | 14.072 B USD | 2Q/20 |
| GDP From Construction | 10766 USD Million | 10.766 B USD | 2Q/20 |
| GDP From Manufacturing | 14584 USD Million | 14.584 B USD | 2Q/20 |
| GDP From Mining | 3950 USD Million | 3.95 B USD | 2Q/20 |
| GDP From Public Administration | 24474 USD Million | 24.474 B USD | 2Q/20 |
| GDP From Services | 28377 USD Million | 28.377 B USD | 2Q/20 |
| GDP From Transport | 17390 USD Million | 17.39 B USD | 2Q/20 |
| GDP From Utilities | 5665 USD Million | 5.665 B USD | 2Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 103 % | 2017 |
| Government Debt | 2079464 USD Million | 2079.464 B USD | Sep/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) | 109 index points | Dec/20 |
| Food Inflation | 6.9 % | Mar/20 |
| Gasoline Prices | 0.86 USD/Liter | Feb/21 |
| Inflation Rate YoY | 5.2 % | Dec/20 |
| Inflation Rate Mom | 1.3 % | Dec/20 |
| CPI Housing Utilities | 107 Index Points | Dec/20 |
| CPI Transportation | 100 Index Points | Dec/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -1.9 % | 2019 |
| Balance of Trade | -723506 USD Thousand | -0.724 USD Billion | 2Q/20 |
| Capital Flows | -189 USD Million | -0.189 USD Billion | 2Q/20 |
| Current Account | -106 USD Million | -0.106 USD Billion | 2Q/20 |
| Exports | 260849 USD Thousand | 0.261 USD Billion | 2Q/20 |
| External Debt | 12709 USD Million | 12.709 B USD | 2Q/20 |
| Foreign Exchange Reserves | 3857 USD Million | 3.857 B USD | Dec/20 |
| Imports | 984355 USD Thousand | 0.984 USD Billion | 2Q/20 |
| Tourist Arrivals | 7188 Persons | 0.007 Million Persons | Jun/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 0.5 % | Feb/21 |
| Money Supply M1 | 258036 JMD Million | 1.711 B USD | May/19 |
| Money Supply M2 | 560700 JMD Million | 3.718 B USD | May/19 |
| Central Bank Balance Sheet | 923168 JMD Million | 6.122 B USD | Sep/20 |
| Deposit Interest Rate | 2.6 % | 2019 |
| Foreign Direct Investment | 89.88 USD Million | 0.09 B USD | 2Q/20 |
| Private Sector Credit | 1047127 JMD Million | 6.944 B USD | Sep/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 12.6 % | 3Q/20 |
| Youth Unemployment Rate | 28 % | 3Q/20 |
| Employed Persons | 1118300 Person | 1.118 Million Person | 3Q/20 |
| Employment Rate | 87.4 % | 3Q/20 |
| Labor Force Participation Rate | 61.3 % | 3Q/20 |
| Unemployed Persons | 161300 Persons | 0.161 Million Persons | 3Q/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 | 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
2079.464
B USD
#7 from 65 countries
Balance of Trade
-0.724
USD Billion
#144 from 173 countries
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
3.857
B USD
#90 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
5.2
%
#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
12.6
%
#59 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
