Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica
Jamaica: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 353,775 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Jamaica recorded 353,775 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
Compared with earlier readings it is down 0.1% on the previous year and down 4.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Jamaica peaked at 475,466 million SLC in 2006 and was at its lowest, 144,555 million SLC, in 1980.
That places Jamaica 76th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 433,972 million SLC | — |
| 1971 | 396,254 million SLC | -8.7% |
| 1972 | 397,304 million SLC | +0.3% |
| 1973 | 407,718 million SLC | +2.6% |
| 1974 | 334,104 million SLC | -18.1% |
| 1975 | 366,662 million SLC | +9.7% |
| 1976 | 259,066 million SLC | -29.3% |
| 1977 | 184,099 million SLC | -28.9% |
| 1978 | 196,326 million SLC | +6.6% |
| 1979 | 186,964 million SLC | -4.8% |
| 1980 | 144,555 million SLC | -22.7% |
| 1981 | 168,729 million SLC | +16.7% |
| 1982 | 196,955 million SLC | +16.7% |
| 1983 | 194,090 million SLC | -1.5% |
| 1984 | 169,567 million SLC | -12.6% |
| 1985 | 167,681 million SLC | -1.1% |
| 1986 | 151,751 million SLC | -9.5% |
| 1987 | 195,977 million SLC | +29.1% |
| 1988 | 234,473 million SLC | +19.6% |
| 1989 | 278,909 million SLC | +19.0% |
| 1990 | 287,798 million SLC | +3.2% |
| 1991 | 272,325 million SLC | -5.4% |
| 1992 | 358,771 million SLC | +31.7% |
| 1993 | 368,552 million SLC | +2.7% |
| 1994 | 361,427 million SLC | -1.9% |
| 1995 | 380,543 million SLC | +5.3% |
| 1996 | 388,375 million SLC | +2.1% |
| 1997 | 387,859 million SLC | -0.1% |
| 1998 | 336,724 million SLC | -13.2% |
| 1999 | 319,329 million SLC | -5.2% |
| 2000 | 353,551 million SLC | +10.7% |
| 2001 | 397,160 million SLC | +12.3% |
| 2002 | 422,145 million SLC | +6.3% |
| 2003 | 420,063 million SLC | -0.5% |
| 2004 | 430,249 million SLC | +2.4% |
| 2005 | 440,168 million SLC | +2.3% |
| 2006 | 475,466 million SLC | +8.0% |
| 2007 | 449,021 million SLC | -5.6% |
| 2008 | 413,572 million SLC | -7.9% |
| 2009 | 339,415 million SLC | -17.9% |
| 2010 | 330,673 million SLC | -2.6% |
| 2011 | 357,618 million SLC | +8.1% |
| 2012 | 339,903 million SLC | -5.0% |
| 2013 | 359,060 million SLC | +5.6% |
| 2014 | 369,912 million SLC | +3.0% |
| 2015 | 352,095 million SLC | -4.8% |
| 2016 | 352,353 million SLC | +0.1% |
| 2017 | 368,701 million SLC | +4.6% |
| 2018 | 389,844 million SLC | +5.7% |
| 2019 | 397,107 million SLC | +1.9% |
| 2020 | 334,706 million SLC | -15.7% |
| 2021 | 354,591 million SLC | +5.9% |
| 2022 | 362,244 million SLC | +2.2% |
| 2023 | 354,269 million SLC | -2.2% |
| 2024 | 353,775 million SLC | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 316,247 million SLC | 184,099 million SLC | 433,972 million SLC | 10 |
| 1980s | 190,269 million SLC | 144,555 million SLC | 278,909 million SLC | 10 |
| 1990s | 346,170 million SLC | 272,325 million SLC | 388,375 million SLC | 10 |
| 2000s | 414,081 million SLC | 339,415 million SLC | 475,466 million SLC | 10 |
| 2010s | 361,727 million SLC | 330,673 million SLC | 397,107 million SLC | 10 |
| 2020s | 351,917 million SLC | 334,706 million SLC | 362,244 million SLC | 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 (constant LCU), per capita 439,378 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 3.71 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8487 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,792 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 135.02 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.08 million current LCU per person (2025)
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 353,775 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Jamaica?
- The highest recorded value was 475,466 million SLC in 2006.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Jamaica?
- The lowest recorded value was 144,555 million SLC in 1980.
- How does Jamaica rank for gross fixed capital formation — value standard local currency, 2015?
- Jamaica ranks 76th out of 194 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 4.4%. 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 Fixed Capital Formation — Value Standard Local Currency, 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).