Annual growth of the gross capital formation in Jamaica
Jamaica: Annual growth of the gross capital formation was 2.6% in 2019. ◆ Volatile
Annual growth of the gross capital formation in Jamaica, 2008–2019
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2019, annual growth of the gross capital formation in Jamaica stood at 2.6%.
The figure is down 33.7% on the previous year and up 113.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Jamaica peaked at 9.0% in 2011 and was at its lowest, -18.4%, in 2009.
Jamaica ranks 91st of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Jamaica, year by year
| Year | % | Change |
|---|---|---|
| 2008 | -8.0% | — |
| 2009 | -18.4% | +130.1% |
| 2010 | -2.0% | -88.9% |
| 2011 | 9.0% | -539.7% |
| 2012 | -5.8% | -164.1% |
| 2013 | 5.5% | -195.1% |
| 2014 | 3.8% | -29.8% |
| 2015 | -6.1% | -259.6% |
| 2016 | -0.1% | -98.4% |
| 2017 | 6.2% | -6260.0% |
| 2018 | 3.9% | -37.3% |
| 2019 | 2.6% | -33.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -13.2% | -18.4% | -8.0% | 2 |
| 2010s | 1.7% | -6.1% | 9.0% | 10 |
Countries ranked near Jamaica
- 88 Angola 2.6% compare
- 89 Iran, Islamic Republic of 2.6% compare
- 90 Dominican Republic 2.6% compare
- 92 Malta 2.4% compare
- 93 Switzerland 2.4% compare
- 94 Russian Federation 2.1% compare
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)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.08 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 13.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 111,319 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0497 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 397.73 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 5.81 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Jamaica?
- Annual growth of the gross capital formation in Jamaica was 2.6% in 2019, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Jamaica?
- The highest recorded value was 9.0% in 2011.
- What is the lowest annual growth of the gross capital formation recorded in Jamaica?
- The lowest recorded value was -18.4% in 2009.
- How does Jamaica rank for annual growth of the gross capital formation?
- Jamaica ranks 91st out of 167 countries with data for 2019.
- Is annual growth of the gross capital formation rising or falling in Jamaica?
- Over the last ten years it is up 113.9%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).