Gross Domestic Product — Value US$, 2015 prices in Jamaica
Jamaica: Gross Domestic Product — Value US$, 2015 prices was 15,023 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Jamaica, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Jamaica is 15,023 million USD, measured in 2024.
The figure is down 0.7% on the previous year and up 6.9% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Jamaica peaked at 15,132 million USD in 2023 and was at its lowest, 8,856 million USD, in 1980.
Jamaica ranks 131st of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Jamaica, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 9,552 million USD | — |
| 1971 | 9,840 million USD | +3.0% |
| 1972 | 10,741 million USD | +9.2% |
| 1973 | 10,878 million USD | +1.3% |
| 1974 | 10,455 million USD | -3.9% |
| 1975 | 10,424 million USD | -0.3% |
| 1976 | 9,750 million USD | -6.5% |
| 1977 | 9,518 million USD | -2.4% |
| 1978 | 9,570 million USD | +0.5% |
| 1979 | 9,394 million USD | -1.8% |
| 1980 | 8,856 million USD | -5.7% |
| 1981 | 9,083 million USD | +2.6% |
| 1982 | 9,194 million USD | +1.2% |
| 1983 | 9,404 million USD | +2.3% |
| 1984 | 9,324 million USD | -0.9% |
| 1985 | 8,891 million USD | -4.6% |
| 1986 | 9,041 million USD | +1.7% |
| 1987 | 9,739 million USD | +7.7% |
| 1988 | 10,020 million USD | +2.9% |
| 1989 | 10,705 million USD | +6.8% |
| 1990 | 11,289 million USD | +5.5% |
| 1991 | 11,388 million USD | +0.9% |
| 1992 | 12,564 million USD | +10.3% |
| 1993 | 12,811 million USD | +2.0% |
| 1994 | 12,926 million USD | +0.9% |
| 1995 | 13,059 million USD | +1.0% |
| 1996 | 13,100 million USD | +0.3% |
| 1997 | 12,971 million USD | -1.0% |
| 1998 | 12,812 million USD | -1.2% |
| 1999 | 12,938 million USD | +1.0% |
| 2000 | 13,028 million USD | +0.7% |
| 2001 | 13,195 million USD | +1.3% |
| 2002 | 13,284 million USD | +0.7% |
| 2003 | 13,771 million USD | +3.7% |
| 2004 | 13,953 million USD | +1.3% |
| 2005 | 14,078 million USD | +0.9% |
| 2006 | 14,486 million USD | +2.9% |
| 2007 | 14,695 million USD | +1.4% |
| 2008 | 14,576 million USD | -0.8% |
| 2009 | 13,942 million USD | -4.3% |
| 2010 | 13,739 million USD | -1.5% |
| 2011 | 13,977 million USD | +1.7% |
| 2012 | 13,891 million USD | -0.6% |
| 2013 | 13,963 million USD | +0.5% |
| 2014 | 14,059 million USD | +0.7% |
| 2015 | 14,189 million USD | +0.9% |
| 2016 | 14,384 million USD | +1.4% |
| 2017 | 14,528 million USD | +1.0% |
| 2018 | 14,802 million USD | +1.9% |
| 2019 | 14,934 million USD | +0.9% |
| 2020 | 13,453 million USD | -9.9% |
| 2021 | 14,072 million USD | +4.6% |
| 2022 | 14,806 million USD | +5.2% |
| 2023 | 15,132 million USD | +2.2% |
| 2024 | 15,023 million USD | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,012 million USD | 9,394 million USD | 10,878 million USD | 10 |
| 1980s | 9,425 million USD | 8,856 million USD | 10,705 million USD | 10 |
| 1990s | 12,586 million USD | 11,289 million USD | 13,100 million USD | 10 |
| 2000s | 13,901 million USD | 13,028 million USD | 14,695 million USD | 10 |
| 2010s | 14,247 million USD | 13,739 million USD | 14,934 million USD | 10 |
| 2020s | 14,497 million USD | 13,453 million USD | 15,132 million USD | 5 |
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)
- Services, value added (current US$), annual growth rate 2.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5984 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 4,789 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.69 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 95.21 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 761,935 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate -0.2275 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4694 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Jamaica?
- Gross domestic product — value us$, 2015 prices in Jamaica was 15,023 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Jamaica?
- The highest recorded value was 15,132 million USD in 2023.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Jamaica?
- The lowest recorded value was 8,856 million USD in 1980.
- How does Jamaica rank for gross domestic product — value us$, 2015 prices?
- Jamaica ranks 131st out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Jamaica?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).