Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica

Jamaica: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was -0.1394 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-0.1394 % change on previous year
Change on year
up 93.7%
World rank
172nd
of 222 countries
All-time high
31.74 % change on previous year
in 1992
All-time low
-29.34 % change on previous year
in 1976
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica, 1971–2024

-2002040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Jamaica is -0.1394 % change on previous year, measured in 2024.

The figure is up 93.7% on the previous year and down 104.6% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Jamaica peaked at 31.74 % change on previous year in 1992 and was at its lowest, -29.34 % change on previous year, in 1976.

That places Jamaica 172nd out of 222 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate in Jamaica, 1971 to 2024.
Year % change on previous year Change
1971 -8.69 % change on previous year
1972 0.265 % change on previous year -103.0%
1973 2.62 % change on previous year +889.2%
1974 -18.06 % change on previous year -788.8%
1975 9.74 % change on previous year -154.0%
1976 -29.34 % change on previous year -401.1%
1977 -28.94 % change on previous year -1.4%
1978 6.64 % change on previous year -123.0%
1979 -4.77 % change on previous year -171.8%
1980 -22.68 % change on previous year +375.7%
1981 16.72 % change on previous year -173.7%
1982 16.73 % change on previous year +0.0%
1983 -1.45 % change on previous year -108.7%
1984 -12.63 % change on previous year +768.6%
1985 -1.11 % change on previous year -91.2%
1986 -9.5 % change on previous year +754.1%
1987 29.14 % change on previous year -406.8%
1988 19.64 % change on previous year -32.6%
1989 18.95 % change on previous year -3.5%
1990 3.19 % change on previous year -83.2%
1991 -5.38 % change on previous year -268.7%
1992 31.74 % change on previous year -690.4%
1993 2.73 % change on previous year -91.4%
1994 -1.93 % change on previous year -170.9%
1995 5.29 % change on previous year -373.6%
1996 2.06 % change on previous year -61.1%
1997 -0.1329 % change on previous year -106.5%
1998 -13.18 % change on previous year +9823.1%
1999 -5.17 % change on previous year -60.8%
2000 10.72 % change on previous year -307.5%
2001 12.33 % change on previous year +15.1%
2002 6.29 % change on previous year -49.0%
2003 -0.4932 % change on previous year -107.8%
2004 2.42 % change on previous year -591.7%
2005 2.31 % change on previous year -4.9%
2006 8.02 % change on previous year +247.8%
2007 -5.56 % change on previous year -169.4%
2008 -7.89 % change on previous year +41.9%
2009 -17.93 % change on previous year +127.1%
2010 -2.58 % change on previous year -85.6%
2011 8.15 % change on previous year -416.4%
2012 -4.95 % change on previous year -160.8%
2013 5.64 % change on previous year -213.8%
2014 3.02 % change on previous year -46.4%
2015 -4.82 % change on previous year -259.4%
2016 0.0733 % change on previous year -101.5%
2017 4.64 % change on previous year +6231.8%
2018 5.73 % change on previous year +23.6%
2019 1.86 % change on previous year -67.5%
2020 -15.71 % change on previous year -943.5%
2021 5.94 % change on previous year -137.8%
2022 2.16 % change on previous year -63.7%
2023 -2.2 % change on previous year -202.0%
2024 -0.1394 % change on previous year -93.7%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 -9823.1% -0.1329 % change on previous year -13.18 % change on previous year
2017 +6231.8% 0.0733 % change on previous year 4.64 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -7.84 % change on previous year -29.34 % change on previous year 9.74 % change on previous year 9
1980s 5.38 % change on previous year -22.68 % change on previous year 29.14 % change on previous year 10
1990s 1.92 % change on previous year -13.18 % change on previous year 31.74 % change on previous year 10
2000s 1.02 % change on previous year -17.93 % change on previous year 12.33 % change on previous year 10
2010s 1.68 % change on previous year -4.95 % change on previous year 8.15 % change on previous year 10
2020s -1.99 % change on previous year -15.71 % change on previous year 5.94 % change on previous year 5

Countries ranked near Jamaica

  1. 169 Canada 0.1086 % change on previous year compare
  2. 170 Cyprus 0.0886 % change on previous year compare
  3. 171 Thailand -0.0221 % change on previous year compare
  4. 173 Guyana -0.3304 % change on previous year compare
  5. 174 East Timor -0.4906 % change on previous year compare
  6. 174 Timor-Leste -0.4906 % change on previous year compare

See the full ranking of 223 places →

More economy & growth data for Jamaica

All data for Jamaica →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Jamaica?
Gross fixed capital formation — value standard local currency, 2015 in Jamaica was -0.1394 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Jamaica?
The highest recorded value was 31.74 % change on previous year in 1992.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Jamaica?
The lowest recorded value was -29.34 % change on previous year in 1976.
How does Jamaica rank for gross fixed capital formation — value standard local currency, 2015?
Jamaica ranks 172nd out of 222 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Jamaica?
Over the last ten years it is down 104.6%. 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-annual-growth-rate/jamaica/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-annual-growth-rate/jamaica/">Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
223 places, 11,242 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.