External debt as a share of gross national income in Jamaica
Jamaica: External debt as a share of gross national income was 76.1% in 2024. ▲ Rising
External debt as a share of gross national income in Jamaica, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Jamaica recorded 76.1% for external debt as a share of gross national income in 2024.
The figure is down 5.5% on the previous year and down 26.5% over ten years.
Over the whole period, external debt as a share of gross national income in Jamaica peaked at 115.8% in 2018 and was at its lowest, 55.7%, in 2000.
Jamaica ranks 22nd of 121 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
External debt as a share of gross national income in Jamaica, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 55.7% | — |
| 2001 | 62.6% | +12.3% |
| 2002 | 61.5% | -1.8% |
| 2003 | 64.6% | +5.1% |
| 2004 | 67.9% | +5.2% |
| 2005 | 62.4% | -8.2% |
| 2006 | 71.5% | +14.6% |
| 2007 | 86.7% | +21.3% |
| 2008 | 79.4% | -8.4% |
| 2009 | 97.1% | +22.3% |
| 2010 | 111.5% | +14.8% |
| 2011 | 102.6% | -8.0% |
| 2012 | 97.5% | -4.9% |
| 2013 | 92.5% | -5.1% |
| 2014 | 103.5% | +11.9% |
| 2015 | 102.2% | -1.2% |
| 2016 | 103.9% | +1.6% |
| 2017 | 101.4% | -2.4% |
| 2018 | 115.8% | +14.3% |
| 2019 | 94.0% | -18.9% |
| 2020 | 108.5% | +15.4% |
| 2021 | 112.6% | +3.8% |
| 2022 | 94.4% | -16.2% |
| 2023 | 80.5% | -14.8% |
| 2024 | 76.1% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 70.9% | 55.7% | 97.1% | 10 |
| 2010s | 102.5% | 92.5% | 115.8% | 10 |
| 2020s | 94.4% | 76.1% | 112.6% | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 135.02 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.08 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.0817 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6471 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,179 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.0815 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 75.69 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is external debt as a share of gross national income in Jamaica?
- External debt as a share of gross national income in Jamaica was 76.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest external debt as a share of gross national income recorded in Jamaica?
- The highest recorded value was 115.8% in 2018.
- What is the lowest external debt as a share of gross national income recorded in Jamaica?
- The lowest recorded value was 55.7% in 2000.
- How does Jamaica rank for external debt as a share of gross national income?
- Jamaica ranks 22nd out of 121 countries with data for 2024.
- Is external debt as a share of gross national income rising or falling in Jamaica?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of External debt as a share of gross national income. Statizoid updates them automatically from the source API.
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About this data
External debt stocks as a proportion of GNI (%).