Gross domestic product (GDP) in Jamaica

Jamaica: Gross domestic product (GDP) was 26.85 billion international-$ in 2021 prices in 2023. ▲ Rising

Latest (2023)
26.85 billion international-$ in 2021 prices
Change on year
down 0.5%
World rank
144th
of 184 countries
All-time high
27.01 billion international-$ in 2021 prices
in 2019
All-time low
5.64 billion international-$ in 2021 prices
in 1953
Years of data
71
1953–2023

Gross domestic product (GDP) in Jamaica, 1953–2023

5.0B10.0B15.0B20.0B25.0B195319882023

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

Annual values for Gross domestic product (GDP) in Jamaica, 1953 to 2023.
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

DecadeAverage LowestHighest 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

  1. 141 Cyprus 32.69 billion international-$ in 2021 prices compare
  2. 142 Mauritania 29.04 billion international-$ in 2021 prices compare
  3. 143 Namibia 28.74 billion international-$ in 2021 prices compare
  4. 145 Togo 25.83 billion international-$ in 2021 prices compare
  5. 146 Somalia 25.53 billion international-$ in 2021 prices compare
  6. 147 Malta 24.94 billion international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Jamaica

All data for Jamaica →

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.

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Gross domestic product (GDP) in Jamaica. Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/jamaica/

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About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2021 prices
Source
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.