Gross Fixed Capital Formation — Value Standard Local Currency, per in Jamaica
Jamaica: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.2688 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Jamaica, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Jamaica recorded 0.2688 million SLC per person for gross fixed capital formation — value standard local currency, per in 2024. That is the highest value across all 55 years on record.
The figure is up 6.9% on the previous year and up 121.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Jamaica peaked at 0.2688 million SLC per person in 2024 and was at its lowest, 0.0002 million SLC per person, in 1977.
That places Jamaica 39th out of 194 countries with data for 2024, putting it in the top 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, per in Jamaica, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0002 million SLC per person | — |
| 1971 | 0.0002 million SLC per person | -4.4% |
| 1972 | 0.0002 million SLC per person | +1.6% |
| 1973 | 0.0002 million SLC per person | +20.3% |
| 1974 | 0.0002 million SLC per person | +5.1% |
| 1975 | 0.0003 million SLC per person | +25.7% |
| 1976 | 0.0002 million SLC per person | -27.0% |
| 1977 | 0.0002 million SLC per person | -23.4% |
| 1978 | 0.0002 million SLC per person | +41.1% |
| 1979 | 0.0003 million SLC per person | +48.2% |
| 1980 | 0.0003 million SLC per person | -8.9% |
| 1981 | 0.0004 million SLC per person | +36.4% |
| 1982 | 0.0005 million SLC per person | +20.8% |
| 1983 | 0.0006 million SLC per person | +21.3% |
| 1984 | 0.0009 million SLC per person | +36.1% |
| 1985 | 0.0012 million SLC per person | +34.3% |
| 1986 | 0.001 million SLC per person | -10.4% |
| 1987 | 0.0015 million SLC per person | +44.7% |
| 1988 | 0.002 million SLC per person | +36.3% |
| 1989 | 0.0027 million SLC per person | +33.5% |
| 1990 | 0.0035 million SLC per person | +26.9% |
| 1991 | 0.0049 million SLC per person | +40.2% |
| 1992 | 0.0098 million SLC per person | +100.6% |
| 1993 | 0.0136 million SLC per person | +39.6% |
| 1994 | 0.0174 million SLC per person | +27.9% |
| 1995 | 0.023 million SLC per person | +32.2% |
| 1996 | 0.0276 million SLC per person | +19.6% |
| 1997 | 0.0298 million SLC per person | +8.3% |
| 1998 | 0.0281 million SLC per person | -5.9% |
| 1999 | 0.0283 million SLC per person | +0.7% |
| 2000 | 0.0344 million SLC per person | +21.8% |
| 2001 | 0.0415 million SLC per person | +20.4% |
| 2002 | 0.0484 million SLC per person | +16.7% |
| 2003 | 0.0535 million SLC per person | +10.4% |
| 2004 | 0.0614 million SLC per person | +14.9% |
| 2005 | 0.0697 million SLC per person | +13.4% |
| 2006 | 0.0815 million SLC per person | +17.0% |
| 2007 | 0.0853 million SLC per person | +4.6% |
| 2008 | 0.0877 million SLC per person | +2.9% |
| 2009 | 0.0812 million SLC per person | -7.4% |
| 2010 | 0.0835 million SLC per person | +2.8% |
| 2011 | 0.0941 million SLC per person | +12.8% |
| 2012 | 0.0931 million SLC per person | -1.1% |
| 2013 | 0.108 million SLC per person | +16.0% |
| 2014 | 0.1215 million SLC per person | +12.6% |
| 2015 | 0.1256 million SLC per person | +3.4% |
| 2016 | 0.1328 million SLC per person | +5.7% |
| 2017 | 0.149 million SLC per person | +12.2% |
| 2018 | 0.1674 million SLC per person | +12.3% |
| 2019 | 0.1801 million SLC per person | +7.6% |
| 2020 | 0.1346 million SLC per person | -25.3% |
| 2021 | 0.1423 million SLC per person | +5.7% |
| 2022 | 0.2177 million SLC per person | +53.0% |
| 2023 | 0.2513 million SLC per person | +15.4% |
| 2024 | 0.2688 million SLC per person | +6.9% |
Jamaica compared with similar countries
- Jamaica's 0.2688 million SLC per person is above the median for upper middle income countries, which is 0.0292 million SLC per person, 9.2× the median. (54 countries reporting)
- Jamaica's 0.2688 million SLC per person is above the median for Latin America & Caribbean, which is 0.0145 million SLC per person, 18.6× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0002 million SLC per person | 0.0002 million SLC per person | 0.0003 million SLC per person | 10 |
| 1980s | 0.0011 million SLC per person | 0.0003 million SLC per person | 0.0027 million SLC per person | 10 |
| 1990s | 0.0186 million SLC per person | 0.0035 million SLC per person | 0.0298 million SLC per person | 10 |
| 2000s | 0.0645 million SLC per person | 0.0344 million SLC per person | 0.0877 million SLC per person | 10 |
| 2010s | 0.1255 million SLC per person | 0.0835 million SLC per person | 0.1801 million SLC per person | 10 |
| 2020s | 0.2029 million SLC per person | 0.1346 million SLC per person | 0.2688 million SLC per person | 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)
- 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 fixed capital formation — value standard local currency, per in Jamaica?
- Gross fixed capital formation — value standard local currency, per in Jamaica was 0.2688 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Jamaica?
- The highest recorded value was 0.2688 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Jamaica?
- The lowest recorded value was 0.0002 million SLC per person in 1977.
- How does Jamaica rank for gross fixed capital formation — value standard local currency, per?
- Jamaica ranks 39th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Jamaica?
- Over the last ten years it is up 121.2%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.