Gross value added at basic prices (GVA) (constant 2015 US$) in Jamaica
Jamaica: Gross value added at basic prices (GVA) (constant 2015 US$) was 14.69 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
14.69 billion constant 2015 US$
Change on year
up 0.1%
World rank
132nd
of 194 countries
All-time high
14.76 billion constant 2015 US$
in 2023
All-time low
6.19 billion constant 2015 US$
in 1967
Years of data
60
1966–2025
Gross value added at basic prices (GVA) in Jamaica, 1966–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Jamaica recorded 14.69 billion constant 2015 US$ for gross value added at basic prices (gva) in 2025.
The figure is up 0.1% on the previous year and up 15.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Jamaica peaked at 14.76 billion constant 2015 US$ in 2023 and was at its lowest, 6.19 billion constant 2015 US$, in 1967.
That places Jamaica 132nd out of 194 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Jamaica, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1966 | 6.22 billion constant 2015 US$ | — |
| 1967 | 6.19 billion constant 2015 US$ | -0.4% |
| 1968 | 6.64 billion constant 2015 US$ | +7.3% |
| 1969 | 7.05 billion constant 2015 US$ | +6.1% |
| 1970 | 7.94 billion constant 2015 US$ | +12.6% |
| 1971 | 8.09 billion constant 2015 US$ | +1.9% |
| 1972 | 9.56 billion constant 2015 US$ | +18.2% |
| 1973 | 9.06 billion constant 2015 US$ | -5.3% |
| 1974 | 8.69 billion constant 2015 US$ | -4.0% |
| 1975 | 8.59 billion constant 2015 US$ | -1.2% |
| 1976 | 8.05 billion constant 2015 US$ | -6.3% |
| 1977 | 7.96 billion constant 2015 US$ | -1.0% |
| 1978 | 7.96 billion constant 2015 US$ | -0.0% |
| 1979 | 7.79 billion constant 2015 US$ | -2.2% |
| 1980 | 7.22 billion constant 2015 US$ | -7.2% |
| 1981 | 7.26 billion constant 2015 US$ | +0.5% |
| 1982 | 7.35 billion constant 2015 US$ | +1.2% |
| 1983 | 7.58 billion constant 2015 US$ | +3.2% |
| 1984 | 7.42 billion constant 2015 US$ | -2.1% |
| 1985 | 7.08 billion constant 2015 US$ | -4.5% |
| 1986 | 7.20 billion constant 2015 US$ | +1.6% |
| 1987 | 7.72 billion constant 2015 US$ | +7.2% |
| 1988 | 8.10 billion constant 2015 US$ | +5.0% |
| 1989 | 8.71 billion constant 2015 US$ | +7.5% |
| 1990 | 9.20 billion constant 2015 US$ | +5.6% |
| 1991 | 9.80 billion constant 2015 US$ | +6.5% |
| 1992 | 9.76 billion constant 2015 US$ | -0.4% |
| 1993 | 11.30 billion constant 2015 US$ | +15.7% |
| 1994 | 11.51 billion constant 2015 US$ | +1.9% |
| 1995 | 11.79 billion constant 2015 US$ | +2.4% |
| 1996 | 11.74 billion constant 2015 US$ | -0.4% |
| 1997 | 11.55 billion constant 2015 US$ | -1.6% |
| 1998 | 11.41 billion constant 2015 US$ | -1.2% |
| 1999 | 11.52 billion constant 2015 US$ | +1.0% |
| 2000 | 11.61 billion constant 2015 US$ | +0.8% |
| 2001 | 11.76 billion constant 2015 US$ | +1.3% |
| 2002 | 11.84 billion constant 2015 US$ | +0.7% |
| 2003 | 12.28 billion constant 2015 US$ | +3.7% |
| 2004 | 12.44 billion constant 2015 US$ | +1.3% |
| 2005 | 12.55 billion constant 2015 US$ | +0.9% |
| 2006 | 12.91 billion constant 2015 US$ | +2.9% |
| 2007 | 13.10 billion constant 2015 US$ | +1.4% |
| 2008 | 12.99 billion constant 2015 US$ | -0.8% |
| 2009 | 12.55 billion constant 2015 US$ | -3.4% |
| 2010 | 12.37 billion constant 2015 US$ | -1.4% |
| 2011 | 12.54 billion constant 2015 US$ | +1.4% |
| 2012 | 12.48 billion constant 2015 US$ | -0.5% |
| 2013 | 12.51 billion constant 2015 US$ | +0.2% |
| 2014 | 12.58 billion constant 2015 US$ | +0.6% |
| 2015 | 12.69 billion constant 2015 US$ | +0.9% |
| 2016 | 13.04 billion constant 2015 US$ | +2.8% |
| 2017 | 13.34 billion constant 2015 US$ | +2.3% |
| 2018 | 13.68 billion constant 2015 US$ | +2.5% |
| 2019 | 13.92 billion constant 2015 US$ | +1.8% |
| 2020 | 12.77 billion constant 2015 US$ | -8.3% |
| 2021 | 13.50 billion constant 2015 US$ | +5.7% |
| 2022 | 14.37 billion constant 2015 US$ | +6.4% |
| 2023 | 14.76 billion constant 2015 US$ | +2.7% |
| 2024 | 14.68 billion constant 2015 US$ | -0.5% |
| 2025 | 14.69 billion constant 2015 US$ | +0.1% |
Jamaica compared with similar countries
- Jamaica's 14.69 billion constant 2015 US$ is below the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 32% of the median. (57 countries reporting)
- Jamaica's 14.69 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 23.67 billion constant 2015 US$, 62% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.53 billion constant 2015 US$ | 6.19 billion constant 2015 US$ | 7.05 billion constant 2015 US$ | 4 |
| 1970s | 8.37 billion constant 2015 US$ | 7.79 billion constant 2015 US$ | 9.56 billion constant 2015 US$ | 10 |
| 1980s | 7.56 billion constant 2015 US$ | 7.08 billion constant 2015 US$ | 8.71 billion constant 2015 US$ | 10 |
| 1990s | 10.96 billion constant 2015 US$ | 9.20 billion constant 2015 US$ | 11.79 billion constant 2015 US$ | 10 |
| 2000s | 12.40 billion constant 2015 US$ | 11.61 billion constant 2015 US$ | 13.10 billion constant 2015 US$ | 10 |
| 2010s | 12.92 billion constant 2015 US$ | 12.37 billion constant 2015 US$ | 13.92 billion constant 2015 US$ | 10 |
| 2020s | 14.13 billion constant 2015 US$ | 12.77 billion constant 2015 US$ | 14.76 billion constant 2015 US$ | 6 |
Countries ranked near Jamaica
- 129 Guinea 14.94 billion constant 2015 US$ compare
- 130 Nicaragua 14.90 billion constant 2015 US$ compare
- 131 Rwanda 14.87 billion constant 2015 US$ compare
- 133 Brunei 14.03 billion constant 2015 US$ compare
- 134 Albania 13.85 billion constant 2015 US$ compare
- 135 Mauritius 13.61 billion constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate -17.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 72.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -20.99 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 53.22 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.62 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.022 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Jamaica?
- Gross value added at basic prices (gva) in Jamaica was 14.69 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Jamaica?
- The highest recorded value was 14.76 billion constant 2015 US$ in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in Jamaica?
- The lowest recorded value was 6.19 billion constant 2015 US$ in 1967.
- How does Jamaica rank for gross value added at basic prices (gva)?
- Jamaica ranks 132nd out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Jamaica?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.