Gross domestic product (GDP), Current prices, Domestic currency in Jamaica
Jamaica: Gross domestic product (GDP), Current prices, Domestic currency was 4.1 % change on previous year in 2019. ◆ Volatile
Latest (2019)
4.1 % change on previous year
Change on year
down 41.2%
World rank
117th
of 194 countries
All-time high
69.65 % change on previous year
in 1992
All-time low
3.69 % change on previous year
in 1976
Years of data
59
1961–2019
Gross domestic product (GDP), Current prices, Domestic currency in Jamaica, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Jamaica is 4.1 % change on previous year, measured in 2019.
Compared with earlier readings it is down 41.2% on the previous year and down 39.7% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Jamaica peaked at 69.65 % change on previous year in 1992 and was at its lowest, 3.69 % change on previous year, in 1976.
That places Jamaica 117th out of 194 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 7.02 % change on previous year | — |
| 1962 | 3.96 % change on previous year | -43.5% |
| 1963 | 6.3 % change on previous year | +58.9% |
| 1964 | 8.6 % change on previous year | +36.5% |
| 1965 | 8.27 % change on previous year | -3.7% |
| 1966 | 12.85 % change on previous year | +55.3% |
| 1967 | 6.12 % change on previous year | -52.4% |
| 1968 | 8.64 % change on previous year | +41.1% |
| 1969 | 9.91 % change on previous year | +14.7% |
| 1970 | 17.93 % change on previous year | +81.0% |
| 1971 | 9.38 % change on previous year | -47.7% |
| 1972 | 12.17 % change on previous year | +29.7% |
| 1973 | 20.59 % change on previous year | +69.2% |
| 1974 | 25.14 % change on previous year | +22.1% |
| 1975 | 20.44 % change on previous year | -18.7% |
| 1976 | 3.69 % change on previous year | -82.0% |
| 1977 | 9.56 % change on previous year | +159.4% |
| 1978 | 26.51 % change on previous year | +177.2% |
| 1979 | 14.87 % change on previous year | -43.9% |
| 1980 | 11.18 % change on previous year | -24.8% |
| 1981 | 11.18 % change on previous year | +0.1% |
| 1982 | 10.56 % change on previous year | -5.6% |
| 1983 | 19.19 % change on previous year | +81.8% |
| 1984 | 33.82 % change on previous year | +76.3% |
| 1985 | 24.75 % change on previous year | -26.8% |
| 1986 | 19.05 % change on previous year | -23.0% |
| 1987 | 19.73 % change on previous year | +3.6% |
| 1988 | 16.94 % change on previous year | -14.2% |
| 1989 | 20.19 % change on previous year | +19.2% |
| 1990 | 30.71 % change on previous year | +52.1% |
| 1991 | 50.75 % change on previous year | +65.3% |
| 1992 | 69.65 % change on previous year | +37.2% |
| 1993 | 39.99 % change on previous year | -42.6% |
| 1994 | 32.92 % change on previous year | -17.7% |
| 1995 | 28.13 % change on previous year | -14.6% |
| 1996 | 18.74 % change on previous year | -33.4% |
| 1997 | 8.36 % change on previous year | -55.4% |
| 1998 | 7.99 % change on previous year | -4.4% |
| 1999 | 8.04 % change on previous year | +0.5% |
| 2000 | 11.56 % change on previous year | +43.8% |
| 2001 | 9.26 % change on previous year | -19.9% |
| 2002 | 11.26 % change on previous year | +21.7% |
| 2003 | 15.72 % change on previous year | +39.5% |
| 2004 | 14.35 % change on previous year | -8.7% |
| 2005 | 12.46 % change on previous year | -13.2% |
| 2006 | 12 % change on previous year | -3.7% |
| 2007 | 12.91 % change on previous year | +7.6% |
| 2008 | 12.63 % change on previous year | -2.2% |
| 2009 | 6.8 % change on previous year | -46.1% |
| 2010 | 8.21 % change on previous year | +20.6% |
| 2011 | 7.63 % change on previous year | -7.1% |
| 2012 | 5.92 % change on previous year | -22.4% |
| 2013 | 8.98 % change on previous year | +51.7% |
| 2014 | 7.67 % change on previous year | -14.6% |
| 2015 | 7.64 % change on previous year | -0.4% |
| 2016 | 6.1 % change on previous year | -20.1% |
| 2017 | 7.61 % change on previous year | +24.7% |
| 2018 | 6.98 % change on previous year | -8.3% |
| 2019 | 4.1 % change on previous year | -41.2% |
Jamaica compared with similar countries
- Jamaica's 4.1 % change on previous year is below the median for upper middle income countries, which is 5.34 % change on previous year, 77% of the median. (57 countries reporting)
- Jamaica's 4.1 % change on previous year is above the median for Latin America & Caribbean, which is 3.8 % change on previous year, 1.1× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.96 % change on previous year | 3.96 % change on previous year | 12.85 % change on previous year | 9 |
| 1970s | 16.03 % change on previous year | 3.69 % change on previous year | 26.51 % change on previous year | 10 |
| 1980s | 18.66 % change on previous year | 10.56 % change on previous year | 33.82 % change on previous year | 10 |
| 1990s | 29.53 % change on previous year | 7.99 % change on previous year | 69.65 % change on previous year | 10 |
| 2000s | 11.9 % change on previous year | 6.8 % change on previous year | 15.72 % change on previous year | 10 |
| 2010s | 7.08 % change on previous year | 4.1 % change on previous year | 8.98 % change on previous year | 10 |
Countries ranked near Jamaica
- 114 Lesotho 4.29 % change on previous year compare
- 115 Bahamas 4.28 % change on previous year compare
- 116 South Africa 4.18 % change on previous year compare
- 118 Sweden 4.08 % change on previous year compare
- 119 United States 3.98 % change on previous year compare
- 120 Saint Kitts and Nevis 3.97 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate -25.36 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0161 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 128.67 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0379 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 303.45 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Jamaica?
- Gross domestic product (gdp), current prices, domestic currency in Jamaica was 4.1 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Jamaica?
- The highest recorded value was 69.65 % change on previous year in 1992.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Jamaica?
- The lowest recorded value was 3.69 % change on previous year in 1976.
- How does Jamaica rank for gross domestic product (gdp), current prices, domestic currency?
- Jamaica ranks 117th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Jamaica?
- Over the last ten years it is down 39.7%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.