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COUNTRY OUTLOOK / JM

Jamaica

Unverified rate framework · ISO:JM

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalKingston
RegionLatin America & Caribbean
Income groupUpper middle income
CurrencyJamaican dollar
GDP$22.7B2025 · current US$
Real GDP growth0.08%2025 · annual %
Population2.84M2025 · people
GDP per capita$8,002.922025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Jamaica's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:JM
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

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Real GDP growth

0.08% · 2025 · annual %

Real GDP growth · annual %-8.30%-0.93%6.44%2014: 0.689822359762587 annual %2015: 0.92148712399856 annual %2016: 2.76043761369557 annual %2017: 2.29303371291363 annual %2018: 2.51584458612513 annual %2019: 1.80943147301357 annual %2020: -8.30441923583135 annual %2021: 5.70467978309095 annual %2022: 6.43930323656186 annual %2023: 2.74634433906714 annual %2024: -0.535039063867487 annual %2025: 0.0816454877745656 annual %20142025
View annual observations
YearValue (annual %)
20250.082
2024-0.535
20232.746
20226.439
20215.705
2020-8.304
20191.809
20182.516
20172.293
20162.760
20150.921
20140.690
World Bank source & definition ↗

Economy

GDP$22.7B2025 · current US$Source & definition ↗
Real GDP growth0.08%2025 · annual %Source & definition ↗
GDP per capita$8,002.922025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 37.71B2025 · current international $Source & definition ↗

People

Population2.84M2025 · peopleSource & definition ↗
Population growth-0.07%2025 · annual %Source & definition ↗
Urban population59.43%2025 · % of populationSource & definition ↗
Life expectancy71.612024 · yearsSource & definition ↗
Unemployment · ILO estimate3.29%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+69.57%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing8.74%2025 · % of GDPSource & definition ↗
Industry including construction16.28%2025 · % of GDPSource & definition ↗
Services59.84%2025 · % of GDPSource & definition ↗
Manufacturing7.69%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & servicesNot available% of GDP
Imports of goods & servicesNot available% of GDP
Current account balance3.08%2024 · % of GDPSource & definition ↗
Foreign direct investment · net inflows1.39%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation4.00%2025 · annual %Source & definition ↗
Central government debt97.87%2020 · % of GDPSource & definition ↗
Tax revenue23.67%2020 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector45.88%2025 · % of GDPSource & definition ↗
Total reserves including gold$6.3B2025 · current US$Source & definition ↗

Infrastructure

Internet use90.11%2024 · % of populationSource & definition ↗
Access to electricity97.70%2024 · % of populationSource & definition ↗

Geography

Surface area10,9902023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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