Gross Fixed Capital Formation — Value US$ in Jamaica

Jamaica: Gross Fixed Capital Formation — Value US$ was 4,878 million USD in 2024. ◆ Volatile

Latest (2024)
4,878 million USD
Change on year
up 5.4%
World rank
127th
of 219 countries
All-time high
4,878 million USD
in 2024
All-time low
348.88 million USD
in 1978
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Jamaica, 1970–2024

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Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Jamaica recorded 4,878 million USD for gross fixed capital formation — value us$ in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 5.4% on the previous year and up 59.4% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Jamaica peaked at 4,878 million USD in 2024 and was at its lowest, 348.88 million USD, in 1978.

Jamaica ranks 127th of 219 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 463.79 million USD 348.88 million USD 662.7 million USD 10
1980s 634.74 million USD 382.85 million USD 1,125 million USD 10
1990s 1,530 million USD 964.51 million USD 2,148 million USD 10
2000s 2,775 million USD 2,090 million USD 3,348 million USD 10
2010s 3,137 million USD 2,631 million USD 3,814 million USD 10
2020s 3,778 million USD 2,676 million USD 4,878 million USD 5

Countries ranked near Jamaica

  1. 124 Kyrgyzstan 5,361 million USD compare
  2. 125 Tajikistan 5,049 million USD compare
  3. 126 Lebanon 5,042 million USD compare
  4. 128 Niger 4,572 million USD compare
  5. 129 Malta 4,365 million USD compare
  6. 130 Brunei Darussalam 4,354 million USD compare

See the full ranking of 251 places →

More economy & growth data for Jamaica

All data for Jamaica →

Frequently asked questions

What is gross fixed capital formation — value us$ in Jamaica?
Gross fixed capital formation — value us$ in Jamaica was 4,878 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Jamaica?
The highest recorded value was 4,878 million USD in 2024.
What is the lowest gross fixed capital formation — value us$ recorded in Jamaica?
The lowest recorded value was 348.88 million USD in 1978.
How does Jamaica rank for gross fixed capital formation — value us$?
Jamaica ranks 127th out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Jamaica?
Over the last ten years it is up 59.4%. The long-run trend across the full record is volatile.
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 US$. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).