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  3. Jamaica

Economy of Jamaica. Statistics, Data and Indicators

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


Jamaica Major Economic Indicators

Indicator Data Period
GDP Value 15.72 USD Billion 2018
GDP Annual Growth Rate -18.4 % 2Q/20
GDP Growth Rate -15.7 % 2Q/20
GDP per capita 4867 USD 2019
Inflation Rate YoY 5.5 % Oct/20
Interest Rate 0.5 % Nov/20
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 3490 USD Million | 3.49 B USD Sep/20
Government Debt 2079464 USD Million | 2079.464 B USD Sep/20


GDP
vvp
15.72
USD Billion
#122 from 174 countries
GDP per capita
vvp
4867
USD
#95 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 15.72 USD Billion 2018
GDP Annual Growth Rate -18.4 % 2Q/20
GDP Growth Rate -15.7 % 2Q/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) 107 index points Oct/20
Food Inflation 6.9 % Mar/20
Gasoline Prices 0.73 USD/Liter Nov/20
Inflation Rate YoY 5.5 % Oct/20
Inflation Rate Mom 0.8 % Oct/20
CPI Housing Utilities 106 Index Points Oct/20
CPI Transportation 99.9 Index Points Oct/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 3490 USD Million | 3.49 B USD Sep/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 % Nov/20
Money Supply M1 258036 JMD Million | 1.783 B USD May/19
Money Supply M2 560700 JMD Million | 3.874 B USD May/19
Central Bank Balance Sheet 923168 JMD Million | 6.379 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 | 7.235 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 43 index points 2019
Corruption Rank 74 place 2019
Ease of Doing Business 71 place 2019
Competitiveness Index 58.25 Index Points 2019
Competitiveness Rank 80 2019


Government Debt
dept_icon
2079.464
B USD
#7 from 65 countries
Balance of Trade
balance_icon
-0.724
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
3.49
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
5.5
%
#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
12.6
%
#59 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries


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