Gross domestic product (GDP) in Jamaica
Jamaica: Gross domestic product (GDP) was 26.85 billion international-$ in 2021 prices in 2023. ▲ Rising
Gross domestic product (GDP) in Jamaica, 1953–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Jamaica stood at 26.85 billion international-$ in 2021 prices.
Compared with earlier readings it is down 0.5% on the previous year and up 6.2% over ten years.
Over the whole period, gross domestic product (gdp) in Jamaica peaked at 27.01 billion international-$ in 2021 prices in 2019 and was at its lowest, 5.64 billion international-$ in 2021 prices, in 1953.
Jamaica ranks 144th of 184 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 71 years of available data.
Gross domestic product (GDP) in Jamaica, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1953 | 5.64 billion international-$ in 2021 prices | — |
| 1954 | 6.28 billion international-$ in 2021 prices | +11.3% |
| 1955 | 6.90 billion international-$ in 2021 prices | +10.0% |
| 1956 | 7.67 billion international-$ in 2021 prices | +11.1% |
| 1957 | 8.66 billion international-$ in 2021 prices | +12.9% |
| 1958 | 8.86 billion international-$ in 2021 prices | +2.2% |
| 1959 | 9.15 billion international-$ in 2021 prices | +3.3% |
| 1960 | 9.65 billion international-$ in 2021 prices | +5.5% |
| 1961 | 10.12 billion international-$ in 2021 prices | +4.8% |
| 1962 | 10.27 billion international-$ in 2021 prices | +1.6% |
| 1963 | 11.08 billion international-$ in 2021 prices | +7.9% |
| 1964 | 11.70 billion international-$ in 2021 prices | +5.6% |
| 1965 | 12.07 billion international-$ in 2021 prices | +3.2% |
| 1966 | 12.30 billion international-$ in 2021 prices | +1.9% |
| 1967 | 12.42 billion international-$ in 2021 prices | +1.0% |
| 1968 | 12.54 billion international-$ in 2021 prices | +1.0% |
| 1969 | 13.09 billion international-$ in 2021 prices | +4.4% |
| 1970 | 14.89 billion international-$ in 2021 prices | +13.7% |
| 1971 | 15.44 billion international-$ in 2021 prices | +3.7% |
| 1972 | 17.02 billion international-$ in 2021 prices | +10.3% |
| 1973 | 17.26 billion international-$ in 2021 prices | +1.4% |
| 1974 | 16.76 billion international-$ in 2021 prices | -2.9% |
| 1975 | 16.49 billion international-$ in 2021 prices | -1.6% |
| 1976 | 15.64 billion international-$ in 2021 prices | -5.2% |
| 1977 | 14.86 billion international-$ in 2021 prices | -5.0% |
| 1978 | 14.13 billion international-$ in 2021 prices | -4.9% |
| 1979 | 12.98 billion international-$ in 2021 prices | -8.1% |
| 1980 | 11.65 billion international-$ in 2021 prices | -10.2% |
| 1981 | 11.56 billion international-$ in 2021 prices | -0.8% |
| 1982 | 11.60 billion international-$ in 2021 prices | +0.4% |
| 1983 | 12.13 billion international-$ in 2021 prices | +4.5% |
| 1984 | 11.70 billion international-$ in 2021 prices | -3.5% |
| 1985 | 10.46 billion international-$ in 2021 prices | -10.6% |
| 1986 | 11.49 billion international-$ in 2021 prices | +9.9% |
| 1987 | 12.68 billion international-$ in 2021 prices | +10.3% |
| 1988 | 13.31 billion international-$ in 2021 prices | +5.0% |
| 1989 | 13.50 billion international-$ in 2021 prices | +1.4% |
| 1990 | 14.42 billion international-$ in 2021 prices | +6.8% |
| 1991 | 14.05 billion international-$ in 2021 prices | -2.6% |
| 1992 | 14.85 billion international-$ in 2021 prices | +5.7% |
| 1993 | 15.87 billion international-$ in 2021 prices | +6.9% |
| 1994 | 15.88 billion international-$ in 2021 prices | +0.0% |
| 1995 | 16.06 billion international-$ in 2021 prices | +1.2% |
| 1996 | 16.38 billion international-$ in 2021 prices | +2.0% |
| 1997 | 16.26 billion international-$ in 2021 prices | -0.7% |
| 1998 | 16.55 billion international-$ in 2021 prices | +1.8% |
| 1999 | 16.96 billion international-$ in 2021 prices | +2.4% |
| 2000 | 17.27 billion international-$ in 2021 prices | +1.9% |
| 2001 | 17.35 billion international-$ in 2021 prices | +0.5% |
| 2002 | 17.46 billion international-$ in 2021 prices | +0.6% |
| 2003 | 19.10 billion international-$ in 2021 prices | +9.4% |
| 2004 | 19.46 billion international-$ in 2021 prices | +1.9% |
| 2005 | 20.92 billion international-$ in 2021 prices | +7.5% |
| 2006 | 21.66 billion international-$ in 2021 prices | +3.6% |
| 2007 | 22.93 billion international-$ in 2021 prices | +5.9% |
| 2008 | 22.75 billion international-$ in 2021 prices | -0.8% |
| 2009 | 22.85 billion international-$ in 2021 prices | +0.4% |
| 2010 | 23.40 billion international-$ in 2021 prices | +2.4% |
| 2011 | 23.85 billion international-$ in 2021 prices | +1.9% |
| 2012 | 24.84 billion international-$ in 2021 prices | +4.1% |
| 2013 | 25.29 billion international-$ in 2021 prices | +1.8% |
| 2014 | 25.53 billion international-$ in 2021 prices | +1.0% |
| 2015 | 25.64 billion international-$ in 2021 prices | +0.4% |
| 2016 | 26.01 billion international-$ in 2021 prices | +1.4% |
| 2017 | 26.66 billion international-$ in 2021 prices | +2.5% |
| 2018 | 26.78 billion international-$ in 2021 prices | +0.5% |
| 2019 | 27.01 billion international-$ in 2021 prices | +0.9% |
| 2020 | 24.67 billion international-$ in 2021 prices | -8.7% |
| 2021 | 26.27 billion international-$ in 2021 prices | +6.5% |
| 2022 | 26.98 billion international-$ in 2021 prices | +2.7% |
| 2023 | 26.85 billion international-$ in 2021 prices | -0.5% |
Jamaica compared with similar countries
- Jamaica's 26.85 billion international-$ in 2021 prices is below the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 18% of the median. (51 countries reporting)
- Jamaica's 26.85 billion international-$ in 2021 prices is below the median for Latin America & Caribbean, which is 42.33 billion international-$ in 2021 prices, 63% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 7.59 billion international-$ in 2021 prices | 5.64 billion international-$ in 2021 prices | 9.15 billion international-$ in 2021 prices | 7 |
| 1960s | 11.52 billion international-$ in 2021 prices | 9.65 billion international-$ in 2021 prices | 13.09 billion international-$ in 2021 prices | 10 |
| 1970s | 15.55 billion international-$ in 2021 prices | 12.98 billion international-$ in 2021 prices | 17.26 billion international-$ in 2021 prices | 10 |
| 1980s | 12.01 billion international-$ in 2021 prices | 10.46 billion international-$ in 2021 prices | 13.50 billion international-$ in 2021 prices | 10 |
| 1990s | 15.73 billion international-$ in 2021 prices | 14.05 billion international-$ in 2021 prices | 16.96 billion international-$ in 2021 prices | 10 |
| 2000s | 20.18 billion international-$ in 2021 prices | 17.27 billion international-$ in 2021 prices | 22.93 billion international-$ in 2021 prices | 10 |
| 2010s | 25.50 billion international-$ in 2021 prices | 23.40 billion international-$ in 2021 prices | 27.01 billion international-$ in 2021 prices | 10 |
| 2020s | 26.19 billion international-$ in 2021 prices | 24.67 billion international-$ in 2021 prices | 26.98 billion international-$ in 2021 prices | 4 |
Countries ranked near Jamaica
- 141 Cyprus 32.69 billion international-$ in 2021 prices compare
- 142 Mauritania 29.04 billion international-$ in 2021 prices compare
- 143 Namibia 28.74 billion international-$ in 2021 prices compare
- 145 Togo 25.83 billion international-$ in 2021 prices compare
- 146 Somalia 25.53 billion international-$ in 2021 prices compare
- 147 Malta 24.94 billion international-$ in 2021 prices 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.07 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.3763 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 305.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -38.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0139 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 107.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Jamaica?
- Gross domestic product (gdp) in Jamaica was 26.85 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Jamaica?
- The highest recorded value was 27.01 billion international-$ in 2021 prices in 2019.
- What is the lowest gross domestic product (gdp) recorded in Jamaica?
- The lowest recorded value was 5.64 billion international-$ in 2021 prices in 1953.
- How does Jamaica rank for gross domestic product (gdp)?
- Jamaica ranks 144th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Jamaica?
- Over the last ten years it is up 6.2%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 71 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.