Annual GDP growth in Jamaica
Jamaica: Annual GDP growth was -0.5% in 2024. ◆ Volatile
Annual GDP growth in Jamaica, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Jamaica is -0.5%, measured in 2024.
That represents a change of down 119.5% on the previous year and down 177.6% over ten years.
Over the whole period, annual gdp growth in Jamaica peaked at 6.4% in 2022 and was at its lowest, -8.3%, in 2020.
That places Jamaica 179th out of 196 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.9% | — |
| 2001 | 1.3% | +53.1% |
| 2002 | 2.0% | +48.5% |
| 2003 | 3.7% | +83.6% |
| 2004 | 1.3% | -63.9% |
| 2005 | 0.9% | -32.5% |
| 2006 | 2.9% | +224.4% |
| 2007 | 1.4% | -50.6% |
| 2008 | -0.8% | -156.7% |
| 2009 | -4.3% | +435.3% |
| 2010 | -1.5% | -66.5% |
| 2011 | 1.7% | -218.8% |
| 2012 | -0.6% | -135.5% |
| 2013 | 0.5% | -184.4% |
| 2014 | 0.7% | +33.3% |
| 2015 | 0.9% | +33.6% |
| 2016 | 2.8% | +199.6% |
| 2017 | 2.3% | -16.9% |
| 2018 | 2.5% | +9.7% |
| 2019 | 1.8% | -28.1% |
| 2020 | -8.3% | -559.0% |
| 2021 | 5.7% | -168.7% |
| 2022 | 6.4% | +12.9% |
| 2023 | 2.7% | -57.4% |
| 2024 | -0.5% | -119.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | -4.3% | 3.7% | 10 |
| 2010s | 1.1% | -1.5% | 2.8% | 10 |
| 2020s | 1.2% | -8.3% | 6.4% | 5 |
Countries ranked near Jamaica
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- GDP (current US$), annual growth rate 3.14 % change on previous year (2025)
- GDP (current US$), per capita 8,003 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.89 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 159.1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.27 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.082 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.763 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,106 constant 2015 US$ per person (2025)
Frequently asked questions
- What is annual gdp growth in Jamaica?
- Annual gdp growth in Jamaica was -0.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Jamaica?
- The highest recorded value was 6.4% in 2022.
- What is the lowest annual gdp growth recorded in Jamaica?
- The lowest recorded value was -8.3% in 2020.
- How does Jamaica rank for annual gdp growth?
- Jamaica ranks 179th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Jamaica?
- Over the last ten years it is down 177.6%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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