GDP (official exchange rate): $9.127 billion (2005 est.) GDP - real growth rate: 1.8% (2005 est.) GDP - per capita (PPP): $4,500 (2005 est.) GDP - composition by sector: agriculture: 4.9% industry: 33.7% services: 61.5% (2005 est.) Labor force: 1.2 million (2005 est...
GROSS DOMESTIC PRODUCT (REAL PPP IN 2017 PRICES) GDP in Jamaica is estimated to be $30 billion international dollars at the end of 2024. The economy of Jamaica has grown at an average annual growth rate of 2.4% in the last four years and is ranked the 23th largest economy in Americas, ...
GDP per capita of USD 7,072 compared to the global average of USD 10,589. Average real GDP growth of 0.8% over the last decade. Share of the region's population Jamaica2.8%Jamaica2.8%Guatemala19.1%Guatemala19.1%Haiti12.3%Haiti12.3%Cuba11.5%Cuba...
GDP - real growth rate 0.7% (2017 est.)1.5% (2016 est.)0.9% (2015 est.)country comparison to the world: 189 GDP - per capita (PPP) $9,200 (2017 est.)$9,200 (2016 est.)$9,100 (2015 est.) note: data are in 2017 dollarscountry comparison to the world: 143 Gross national...
The Jamaican economy continued to record growth during the second quarter of the fiscal year from July–September 2018. During the period real Gross Domestic Product (GDP) is estimated to have increased by 1.9 per cent relative to July–September 2017. This follows a real GDP growth of 2.2 pe...
General Government Gross Debt (in % of GDP) 73.3 67.9 64.9 62.0 58.9 Inflation Rate (%) 6.5 5.8 5.0 5.0 5.0 Current Account (billions USD) 0.57 0.34 0.11 -0.07 -0.29 Current Account (in % of GDP) 2.9 1.6 0.5 -0.3 -1.2 Source: IMF – World Economic Outlook Database - October 2021...
We expect real GDP growth in Jamaica to slow from 2.6% in 2023 to 0.5% in 2024 due to the effects of Hurricane Beryl and a slowdown in the US economy in Q4 2024. In 2025, we expect growth to rebound and will come in at 2.3%, supported by an improving US economy that will likely...
Minister Clarke told the Rotary Club of Kingston’s luncheon at The Jamaica Pegasus hotel in New Kingston on Thursday, October 6, that the economy is “performing better than planned” based on GDP data from STATIN. Statin said the economy grew by 4.8% from April to June 2022 to the same...
In Jamaica-UK trade, GDP, and volatility are less elastic in the short run than in the long run, but real foreign reserves and relative price adjust much faster. Moreover, in contrast to the long run, real foreign reserves and volatility are both negative in the short run. Tight monetary...
The population of Jamaica was estimated at 2,652,689 in July of 2000, an increase of 7.5 percent from the 1990 population of 2,466,100. In 2000 the birth rate stood at 18.51 per 1,000 while the death rate stood at 5.51 per 1,000. With a projected annual population growth rate of ...