Gross domestic product (GDP), Constant prices, Purchasing power in Jamaica
Jamaica: Gross domestic product (GDP), Constant prices, Purchasing power was 24.65 in 2019. ▲ Rising
Latest (2019)
24.65
Change on year
up 0.9%
World rank
141st
of 193 countries
All-time high
24.65
in 2019
All-time low
10.16
in 1960
Years of data
60
1960–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Jamaica, 1960–2019
Source: International Monetary Fund.
Analysis
Jamaica recorded 24.65 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 60 years on record.
That represents a change of up 0.9% on the previous year and up 7.1% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Jamaica peaked at 24.65 in 2019 and was at its lowest, 10.16, in 1960.
That places Jamaica 141st out of 193 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 10.16 | — |
| 1961 | 10.62 | +4.6% |
| 1962 | 10.86 | +2.2% |
| 1963 | 11.62 | +7.0% |
| 1964 | 12.32 | +6.0% |
| 1965 | 12.82 | +4.1% |
| 1966 | 13.02 | +1.6% |
| 1967 | 13.12 | +0.8% |
| 1968 | 13.36 | +1.8% |
| 1969 | 13.88 | +3.9% |
| 1970 | 15.77 | +13.6% |
| 1971 | 16.24 | +3.0% |
| 1972 | 17.73 | +9.2% |
| 1973 | 17.96 | +1.3% |
| 1974 | 17.26 | -3.9% |
| 1975 | 17.21 | -0.3% |
| 1976 | 16.1 | -6.5% |
| 1977 | 15.71 | -2.4% |
| 1978 | 15.8 | +0.5% |
| 1979 | 15.51 | -1.8% |
| 1980 | 14.62 | -5.7% |
| 1981 | 14.99 | +2.6% |
| 1982 | 15.18 | +1.2% |
| 1983 | 15.52 | +2.3% |
| 1984 | 15.39 | -0.9% |
| 1985 | 14.68 | -4.6% |
| 1986 | 14.92 | +1.7% |
| 1987 | 16.08 | +7.7% |
| 1988 | 16.54 | +2.9% |
| 1989 | 17.67 | +6.8% |
| 1990 | 18.64 | +5.5% |
| 1991 | 18.8 | +0.9% |
| 1992 | 20.74 | +10.3% |
| 1993 | 21.15 | +2.0% |
| 1994 | 21.34 | +0.9% |
| 1995 | 21.56 | +1.0% |
| 1996 | 21.62 | +0.3% |
| 1997 | 21.41 | -1.0% |
| 1998 | 21.15 | -1.2% |
| 1999 | 21.36 | +1.0% |
| 2000 | 21.51 | +0.7% |
| 2001 | 21.78 | +1.3% |
| 2002 | 21.93 | +0.7% |
| 2003 | 22.73 | +3.7% |
| 2004 | 23.03 | +1.3% |
| 2005 | 23.24 | +0.9% |
| 2006 | 23.91 | +2.9% |
| 2007 | 24.26 | +1.4% |
| 2008 | 24.06 | -0.8% |
| 2009 | 23.02 | -4.3% |
| 2010 | 22.68 | -1.5% |
| 2011 | 23.07 | +1.7% |
| 2012 | 22.93 | -0.6% |
| 2013 | 23.05 | +0.5% |
| 2014 | 23.21 | +0.7% |
| 2015 | 23.42 | +0.9% |
| 2016 | 23.75 | +1.4% |
| 2017 | 23.98 | +1.0% |
| 2018 | 24.44 | +1.9% |
| 2019 | 24.65 | +0.9% |
Jamaica compared with similar countries
- Jamaica's 24.65 is below the median for upper middle income countries, which is 73.89, 33% of the median. (57 countries reporting)
- Jamaica's 24.65 is below the median for Latin America & Caribbean, which is 44.46, 55% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.18 | 10.16 | 13.88 | 10 |
| 1970s | 16.53 | 15.51 | 17.96 | 10 |
| 1980s | 15.56 | 14.62 | 17.67 | 10 |
| 1990s | 20.78 | 18.64 | 21.62 | 10 |
| 2000s | 22.95 | 21.51 | 24.26 | 10 |
| 2010s | 23.52 | 22.68 | 24.65 | 10 |
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)
- 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), constant prices, purchasing power in Jamaica?
- Gross domestic product (gdp), constant prices, purchasing power in Jamaica was 24.65 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Jamaica?
- The highest recorded value was 24.65 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Jamaica?
- The lowest recorded value was 10.16 in 1960.
- How does Jamaica rank for gross domestic product (gdp), constant prices, purchasing power?
- Jamaica ranks 141st out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Jamaica?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.