Central government revenues as a share of GDP in Jamaica
Jamaica: Central government revenues as a share of GDP was 26.9% in 2020. ▬ Flat
Latest (2020)
26.9%
Change on year
down 5.9%
World rank
66th
of 157 countries
All-time high
33.3%
in 1989
All-time low
22.3%
in 1997
Years of data
33
1988–2020
Central government revenues as a share of GDP in Jamaica, 1988–2020
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2020, central government revenues as a share of gdp in Jamaica stood at 26.9%.
The figure is down 5.9% on the previous year and down 1.7% over ten years.
Over the whole period, central government revenues as a share of gdp in Jamaica peaked at 33.3% in 1989 and was at its lowest, 22.3%, in 1997.
Jamaica ranks 66th of 157 countries on this measure, in the middle of the range.
Central government revenues as a share of GDP in Jamaica, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1988 | 29.2% | — |
| 1989 | 33.3% | +13.9% |
| 1990 | 29.2% | -12.1% |
| 1991 | 30.3% | +3.6% |
| 1992 | 29.0% | -4.2% |
| 1993 | 24.8% | -14.7% |
| 1994 | 24.7% | -0.2% |
| 1995 | 25.3% | +2.5% |
| 1996 | 23.0% | -9.3% |
| 1997 | 22.3% | -2.8% |
| 1998 | 23.1% | +3.3% |
| 1999 | 26.2% | +13.5% |
| 2000 | 26.1% | -0.3% |
| 2001 | 24.3% | -7.1% |
| 2002 | 24.9% | +2.7% |
| 2003 | 27.5% | +10.6% |
| 2004 | 27.5% | +0.1% |
| 2005 | 26.7% | -3.2% |
| 2006 | 26.9% | +1.1% |
| 2007 | 28.5% | +5.6% |
| 2008 | 27.7% | -2.7% |
| 2009 | 28.2% | +1.8% |
| 2010 | 27.4% | -2.7% |
| 2011 | 26.0% | -5.3% |
| 2012 | 26.2% | +1.0% |
| 2013 | 27.7% | +5.7% |
| 2014 | 26.7% | -3.7% |
| 2015 | 26.0% | -2.5% |
| 2016 | 26.8% | +3.0% |
| 2017 | 27.8% | +3.5% |
| 2018 | 29.0% | +4.3% |
| 2019 | 28.6% | -1.1% |
| 2020 | 26.9% | -5.9% |
Jamaica compared with similar countries
- Jamaica's 26.9% is above the median for upper middle income countries, which is 25.7%, 1.0× the median. (48 countries reporting)
- Jamaica's 26.9% is above the median for Latin America & Caribbean, which is 23.3%, 1.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 31.2% | 29.2% | 33.3% | 2 |
| 1990s | 25.8% | 22.3% | 30.3% | 10 |
| 2000s | 26.8% | 24.3% | 28.5% | 10 |
| 2010s | 27.2% | 26.0% | 29.0% | 10 |
| 2020s | 26.9% | 26.9% | 26.9% | 1 |
Countries ranked near Jamaica
- 63 Russian Federation 27.8% compare
- 64 Costa Rica 27.4% compare
- 65 El Salvador 27.3% compare
- 67 Saudi Arabia 26.8% compare
- 68 Fiji 26.6% compare
- 69 Equatorial Guinea 26.4% 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 central government revenues as a share of gdp in Jamaica?
- Central government revenues as a share of gdp in Jamaica was 26.9% in 2020, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest central government revenues as a share of gdp recorded in Jamaica?
- The highest recorded value was 33.3% in 1989.
- What is the lowest central government revenues as a share of gdp recorded in Jamaica?
- The lowest recorded value was 22.3% in 1997.
- How does Jamaica rank for central government revenues as a share of gdp?
- Jamaica ranks 66th out of 157 countries with data for 2020.
- Is central government revenues as a share of gdp rising or falling in Jamaica?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is flat.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Central government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included. Grants excluded.