Gross National Income — Value Standard Local Currency, annual growth in Jamaica
Jamaica: Gross National Income — Value Standard Local Currency, annual growth was 13.33 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Jamaica, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Jamaica recorded 13.33 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
The figure is down 32.3% on the previous year and up 70.7% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Jamaica peaked at 76.07 % change on previous year in 1993 and was at its lowest, -6.98 % change on previous year, in 2020.
That places Jamaica 55th out of 231 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.72 % change on previous year | — |
| 1972 | 17.01 % change on previous year | +120.3% |
| 1973 | 20.8 % change on previous year | +22.3% |
| 1974 | 30.21 % change on previous year | +45.3% |
| 1975 | 18.51 % change on previous year | -38.7% |
| 1976 | 0.2634 % change on previous year | -98.6% |
| 1977 | 8.73 % change on previous year | +3213.7% |
| 1978 | 25.54 % change on previous year | +192.6% |
| 1979 | 12.57 % change on previous year | -50.8% |
| 1980 | 10.37 % change on previous year | -17.5% |
| 1981 | 12.55 % change on previous year | +21.1% |
| 1982 | 11.24 % change on previous year | -10.5% |
| 1983 | 20.92 % change on previous year | +86.1% |
| 1984 | 25.37 % change on previous year | +21.3% |
| 1985 | 15.14 % change on previous year | -40.3% |
| 1986 | 21.57 % change on previous year | +42.5% |
| 1987 | 19.16 % change on previous year | -11.2% |
| 1988 | 18.98 % change on previous year | -0.9% |
| 1989 | 17.78 % change on previous year | -6.3% |
| 1990 | 28.29 % change on previous year | +59.1% |
| 1991 | 49.56 % change on previous year | +75.2% |
| 1992 | 66.4 % change on previous year | +34.0% |
| 1993 | 76.07 % change on previous year | +14.6% |
| 1994 | 28.98 % change on previous year | -61.9% |
| 1995 | 29.1 % change on previous year | +0.4% |
| 1996 | 21.66 % change on previous year | -25.6% |
| 1997 | 9.18 % change on previous year | -57.6% |
| 1998 | 5.4 % change on previous year | -41.2% |
| 1999 | 7.65 % change on previous year | +41.7% |
| 2000 | 12.11 % change on previous year | +58.4% |
| 2001 | 8.21 % change on previous year | -32.2% |
| 2002 | 9.38 % change on previous year | +14.3% |
| 2003 | 16.23 % change on previous year | +73.1% |
| 2004 | 14.62 % change on previous year | -10.0% |
| 2005 | 12.11 % change on previous year | -17.1% |
| 2006 | 13.03 % change on previous year | +7.6% |
| 2007 | 12.94 % change on previous year | -0.7% |
| 2008 | 13.84 % change on previous year | +7.0% |
| 2009 | 5.25 % change on previous year | -62.1% |
| 2010 | 10.24 % change on previous year | +95.2% |
| 2011 | 7.8 % change on previous year | -23.9% |
| 2012 | 8.21 % change on previous year | +5.3% |
| 2013 | 7.81 % change on previous year | -4.8% |
| 2014 | 7.59 % change on previous year | -2.9% |
| 2015 | 6.53 % change on previous year | -14.0% |
| 2016 | 4.81 % change on previous year | -26.3% |
| 2017 | 9.22 % change on previous year | +91.7% |
| 2018 | 5.52 % change on previous year | -40.1% |
| 2019 | 5.85 % change on previous year | +5.9% |
| 2020 | -6.98 % change on previous year | -219.3% |
| 2021 | 12.87 % change on previous year | -284.5% |
| 2022 | 19.7 % change on previous year | +53.0% |
| 2023 | 13.33 % change on previous year | -32.3% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +3213.7% | 0.2634 % change on previous year | 8.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.71 % change on previous year | 0.2634 % change on previous year | 30.21 % change on previous year | 9 |
| 1980s | 17.31 % change on previous year | 10.37 % change on previous year | 25.37 % change on previous year | 10 |
| 1990s | 32.23 % change on previous year | 5.4 % change on previous year | 76.07 % change on previous year | 10 |
| 2000s | 11.77 % change on previous year | 5.25 % change on previous year | 16.23 % change on previous year | 10 |
| 2010s | 7.36 % change on previous year | 4.81 % change on previous year | 10.24 % change on previous year | 10 |
| 2020s | 9.73 % change on previous year | -6.98 % change on previous year | 19.7 % change on previous year | 4 |
Countries ranked near Jamaica
- 52 Hungary 13.48 % change on previous year compare
- 53 Guinea-Bissau 13.4 % change on previous year compare
- 54 Guyana 13.35 % change on previous year compare
- 56 Malta 13.29 % change on previous year compare
- 57 Bangladesh 13.1 % change on previous year compare
- 58 Iceland 13.09 % change on previous year compare
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 national income — value standard local currency, annual growth in Jamaica?
- Gross national income — value standard local currency, annual growth in Jamaica was 13.33 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Jamaica?
- The highest recorded value was 76.07 % change on previous year in 1993.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Jamaica?
- The lowest recorded value was -6.98 % change on previous year in 2020.
- How does Jamaica rank for gross national income — value standard local currency, annual growth?
- Jamaica ranks 55th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Jamaica?
- Over the last ten years it is up 70.7%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.