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