Jamaica |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2007. Base year was changed from 2003 to 2007 for the Spring 2012 WEO round.
Chain-weighted: No
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
781.023 |
702.540 |
734.688 |
754.422 |
772.557 |
788.422 |
802.660 |
815.647 |
2020 |
Jamaica |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
0.970 |
-10.049 |
4.576 |
2.686 |
2.404 |
2.054 |
1.806 |
1.618 |
2020 |
Jamaica |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2007. Base year was changed from 2003 to 2007 for the Spring 2012 WEO round.
Chain-weighted: No
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
2,110.433 |
1,978.624 |
2,193.316 |
2,398.621 |
2,592.360 |
2,781.580 |
2,974.535 |
3,175.005 |
2020 |
Jamaica |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
15.808 |
13.967 |
14.857 |
15.630 |
16.291 |
16.989 |
17.706 |
18.413 |
2020 |
Jamaica |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
30.047 |
27.353 |
29.636 |
31.269 |
32.783 |
34.219 |
35.593 |
36.919 |
2020 |
Jamaica |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
270.214 |
281.639 |
298.537 |
317.942 |
335.556 |
352.803 |
370.585 |
389.262 |
2020 |
Jamaica |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
285,660.834 |
256,663.224 |
268,102.920 |
274,990.754 |
281,280.992 |
286,730.815 |
291,576.734 |
295,957.398 |
2019 |
Jamaica |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
10,544.600 |
9,474.211 |
9,896.484 |
10,150.735 |
10,382.926 |
10,584.096 |
10,762.973 |
10,924.677 |
2019 |
Jamaica |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
771,895.386 |
722,862.696 |
800,386.172 |
874,310.576 |
943,854.639 |
1,011,595.926 |
1,080,538.593 |
1,152,050.005 |
2019 |
Jamaica |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
5,781.785 |
5,102.762 |
5,421.642 |
5,697.354 |
5,931.285 |
6,178.469 |
6,431.851 |
6,681.143 |
2019 |
Jamaica |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
10,989.634 |
9,993.060 |
10,814.620 |
11,397.765 |
11,935.890 |
12,444.473 |
12,929.691 |
13,395.902 |
2019 |
Jamaica |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.022 |
0.021 |
0.020 |
0.020 |
0.020 |
0.020 |
0.019 |
0.019 |
2020 |
Jamaica |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
70.238 |
72.336 |
74.010 |
76.709 |
79.077 |
81.289 |
83.570 |
86.000 |
2020 |
Jamaica |
Total investment |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2007. Base year was changed from 2003 to 2007 for the Spring 2012 WEO round.
Chain-weighted: No
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
24.269 |
18.812 |
22.811 |
22.421 |
21.323 |
21.925 |
22.607 |
23.074 |
2020 |
Jamaica |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2007. Base year was changed from 2003 to 2007 for the Spring 2012 WEO round.
Chain-weighted: No
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
22.770 |
18.796 |
21.336 |
18.867 |
19.134 |
19.146 |
19.725 |
20.090 |
2020 |
Jamaica |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2019
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2019. Base year was changed from 2000 to 2019 in April 2020
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
100.000 |
105.210 |
111.107 |
118.051 |
125.158 |
131.841 |
138.552 |
145.535 |
2019 |
Jamaica |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
3.910 |
5.210 |
5.605 |
6.250 |
6.020 |
5.340 |
5.090 |
5.040 |
2019 |
Jamaica |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2019
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2019. Base year was changed from 2000 to 2019 in April 2020
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
103.632 |
109.000 |
115.540 |
123.050 |
129.867 |
136.542 |
143.424 |
150.653 |
2019 |
Jamaica |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
6.219 |
5.180 |
6.000 |
6.500 |
5.540 |
5.140 |
5.040 |
5.040 |
2019 |
Jamaica |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2019
Base year: 2005
Methodology used to derive volumes: Deflation by survey-based price indexes
Formula used to derive volumes: Laspeyres-type
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Re-exports; Re-imports;
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
11.528 |
-16.183 |
-7.668 |
12.919 |
18.992 |
17.537 |
8.959 |
7.468 |
2019 |
Jamaica |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2019
Base year: 2005
Methodology used to derive volumes: Deflation by survey-based price indexes
Formula used to derive volumes: Laspeyres-type
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Re-exports; Re-imports;
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
9.842 |
-13.618 |
-7.969 |
8.714 |
19.233 |
20.164 |
9.259 |
7.480 |
2019 |
Jamaica |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2019
Base year: 2005
Methodology used to derive volumes: Deflation by survey-based price indexes
Formula used to derive volumes: Laspeyres-type
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Re-exports; Re-imports;
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
7.906 |
-37.815 |
7.665 |
25.730 |
25.824 |
17.195 |
7.375 |
5.785 |
2019 |
Jamaica |
Volume of exports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2019
Base year: 2005
Methodology used to derive volumes: Deflation by survey-based price indexes
Formula used to derive volumes: Laspeyres-type
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Re-exports; Re-imports;
Oil coverage: Primary or unrefined products; Secondary or refined products;
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
-11.997 |
-17.767 |
20.323 |
15.533 |
20.216 |
10.248 |
2.665 |
4.138 |
2019 |
Jamaica |
Unemployment rate |
Percent of total labor force |
|
Source: International Financial Institution. National Statistics Office if data is not yet available in IFS.
Latest actual data: 2019
Employment type: National definition
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
7.700 |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
2019 |
Jamaica |
Population |
Persons |
Millions |
Source: International Financial Institution. National Statistics Office if data is not yet available in IFS.
Latest actual data: 2019
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
2.734 |
2.737 |
2.740 |
2.743 |
2.747 |
2.750 |
2.753 |
2.756 |
2019 |
Jamaica |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Notes: All fiscal and debt series data in WEO are on fiscal year basis.
Fiscal assumptions: Based on policies outline under the RFI
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Public Bodies also report in 1986 format.
Basis of recording: Cash
General government includes: Central Government;. The fiscal coverage is central government only
Valuation of public debt: Nominal value. The debt coverage is central government and public bodies
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans; Shares and Other Equity; Other Accounts Receivable/Payable; Monetary Gold and SDRs
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
649.759 |
576.492 |
659.920 |
720.647 |
797.838 |
855.277 |
907.813 |
965.479 |
2020 |
Jamaica |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
30.633 |
29.151 |
29.550 |
29.524 |
30.260 |
30.218 |
29.966 |
29.833 |
2020 |
Jamaica |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Notes: All fiscal and debt series data in WEO are on fiscal year basis.
Fiscal assumptions: Based on policies outline under the RFI
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Public Bodies also report in 1986 format.
Basis of recording: Cash
General government includes: Central Government;. The fiscal coverage is central government only
Valuation of public debt: Nominal value. The debt coverage is central government and public bodies
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans; Shares and Other Equity; Other Accounts Receivable/Payable; Monetary Gold and SDRs
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
630.354 |
654.513 |
658.470 |
701.322 |
760.614 |
810.232 |
847.528 |
891.339 |
2020 |
Jamaica |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
29.718 |
33.096 |
29.485 |
28.732 |
28.848 |
28.627 |
27.976 |
27.542 |
2020 |
Jamaica |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Notes: All fiscal and debt series data in WEO are on fiscal year basis.
Fiscal assumptions: Based on policies outline under the RFI
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Public Bodies also report in 1986 format.
Basis of recording: Cash
General government includes: Central Government;. The fiscal coverage is central government only
Valuation of public debt: Nominal value. The debt coverage is central government and public bodies
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans; Shares and Other Equity; Other Accounts Receivable/Payable; Monetary Gold and SDRs
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
19.405 |
-78.022 |
1.449 |
19.325 |
37.223 |
45.045 |
60.286 |
74.140 |
2020 |
Jamaica |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
0.915 |
-3.945 |
0.065 |
0.792 |
1.412 |
1.592 |
1.990 |
2.291 |
2020 |
Jamaica |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Notes: All fiscal and debt series data in WEO are on fiscal year basis.
Fiscal assumptions: Based on policies outline under the RFI
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Public Bodies also report in 1986 format.
Basis of recording: Cash
General government includes: Central Government;. The fiscal coverage is central government only
Valuation of public debt: Nominal value. The debt coverage is central government and public bodies
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans; Shares and Other Equity; Other Accounts Receivable/Payable; Monetary Gold and SDRs
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
150.892 |
58.231 |
133.994 |
158.659 |
171.379 |
183.972 |
196.916 |
210.770 |
2020 |
Jamaica |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
7.114 |
2.945 |
6.000 |
6.500 |
6.500 |
6.500 |
6.500 |
6.513 |
2020 |
Jamaica |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Notes: All fiscal and debt series data in WEO are on fiscal year basis.
Fiscal assumptions: Based on policies outline under the RFI
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Public Bodies also report in 1986 format.
Basis of recording: Cash
General government includes: Central Government;. The fiscal coverage is central government only
Valuation of public debt: Nominal value. The debt coverage is central government and public bodies
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans; Shares and Other Equity; Other Accounts Receivable/Payable; Monetary Gold and SDRs
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
1,999.329 |
2,124.390 |
2,139.699 |
2,131.243 |
2,094.807 |
2,068.920 |
2,037.276 |
2,035.878 |
2020 |
Jamaica |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
94.260 |
107.423 |
95.812 |
87.314 |
79.451 |
73.098 |
67.249 |
62.909 |
2020 |
Jamaica |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: FY2019/20
Notes: All fiscal and debt series data in WEO are on fiscal year basis.
Fiscal assumptions: Based on policies outline under the RFI
Start/end months of reporting year: April/March
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Public Bodies also report in 1986 format.
Basis of recording: Cash
General government includes: Central Government;. The fiscal coverage is central government only
Valuation of public debt: Nominal value. The debt coverage is central government and public bodies
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans; Shares and Other Equity; Other Accounts Receivable/Payable; Monetary Gold and SDRs
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
2,121.087 |
1,977.591 |
2,233.226 |
2,440.907 |
2,636.598 |
2,830.334 |
3,029.470 |
3,236.252 |
2020 |
Jamaica |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank. The framework for Jamaica has a historical residual which comes from how the framework records portfolio flows (to include errors and omissions). We have updated how the forecasts are calculated to account for most of this residual.
Latest actual data: 2019
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Jamaican dollar
Data last updated: 09/2021
|
-0.364 |
-0.018 |
-0.235 |
-0.573 |
-0.375 |
-0.491 |
-0.530 |
-0.570 |
2019 |
Jamaica |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-2.304 |
-0.126 |
-1.585 |
-3.664 |
-2.300 |
-2.889 |
-2.993 |
-3.094 |
2019 |