Gross value added at basic prices (GVA) in Jamaica
Jamaica: Gross value added at basic prices (GVA) was 19.27 billion current US$ in 2025. ◆ Volatile
Latest (2025)
19.27 billion current US$
Change on year
up 3.7%
World rank
131st
of 207 countries
All-time high
19.27 billion current US$
in 2025
All-time low
644.46 million current US$
in 1960
Years of data
66
1960–2025
Gross value added at basic prices (GVA) in Jamaica, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Jamaica stood at 19.27 billion current US$. That is the highest value across all 66 years on record.
That represents a change of up 3.7% on the previous year and up 51.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Jamaica peaked at 19.27 billion current US$ in 2025 and was at its lowest, 644.46 million current US$, in 1960.
That places Jamaica 131st out of 207 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Jamaica, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 644.46 million current US$ | — |
| 1961 | 688.80 million current US$ | +6.9% |
| 1962 | 717.31 million current US$ | +4.1% |
| 1963 | 763.74 million current US$ | +6.5% |
| 1964 | 817.93 million current US$ | +7.1% |
| 1965 | 886.90 million current US$ | +8.4% |
| 1966 | 1.00 billion current US$ | +13.1% |
| 1967 | 1.03 billion current US$ | +2.4% |
| 1968 | 983.76 million current US$ | -4.2% |
| 1969 | 1.09 billion current US$ | +10.4% |
| 1970 | 1.29 billion current US$ | +18.5% |
| 1971 | 1.40 billion current US$ | +9.0% |
| 1972 | 1.71 billion current US$ | +22.0% |
| 1973 | 1.74 billion current US$ | +1.9% |
| 1974 | 2.18 billion current US$ | +24.9% |
| 1975 | 2.60 billion current US$ | +19.3% |
| 1976 | 2.71 billion current US$ | +4.1% |
| 1977 | 3.01 billion current US$ | +11.3% |
| 1978 | 2.45 billion current US$ | -18.6% |
| 1979 | 2.22 billion current US$ | -9.4% |
| 1980 | 2.42 billion current US$ | +8.7% |
| 1981 | 2.63 billion current US$ | +8.8% |
| 1982 | 2.88 billion current US$ | +9.6% |
| 1983 | 3.21 billion current US$ | +11.3% |
| 1984 | 2.09 billion current US$ | -34.8% |
| 1985 | 1.82 billion current US$ | -12.9% |
| 1986 | 2.38 billion current US$ | +30.8% |
| 1987 | 2.83 billion current US$ | +18.6% |
| 1988 | 3.32 billion current US$ | +17.6% |
| 1989 | 3.83 billion current US$ | +15.4% |
| 1990 | 4.05 billion current US$ | +5.7% |
| 1991 | 3.68 billion current US$ | -9.1% |
| 1992 | 3.10 billion current US$ | -15.9% |
| 1993 | 4.85 billion current US$ | +56.7% |
| 1994 | 4.90 billion current US$ | +0.9% |
| 1995 | 5.84 billion current US$ | +19.3% |
| 1996 | 6.61 billion current US$ | +13.1% |
| 1997 | 7.55 billion current US$ | +14.2% |
| 1998 | 7.82 billion current US$ | +3.6% |
| 1999 | 7.87 billion current US$ | +0.7% |
| 2000 | 7.98 billion current US$ | +1.3% |
| 2001 | 8.13 billion current US$ | +1.9% |
| 2002 | 8.61 billion current US$ | +6.0% |
| 2003 | 8.27 billion current US$ | -4.0% |
| 2004 | 8.88 billion current US$ | +7.3% |
| 2005 | 9.82 billion current US$ | +10.6% |
| 2006 | 10.38 billion current US$ | +5.7% |
| 2007 | 11.09 billion current US$ | +6.8% |
| 2008 | 11.91 billion current US$ | +7.4% |
| 2009 | 10.57 billion current US$ | -11.3% |
| 2010 | 11.36 billion current US$ | +7.5% |
| 2011 | 12.43 billion current US$ | +9.5% |
| 2012 | 12.67 billion current US$ | +1.9% |
| 2013 | 12.10 billion current US$ | -4.5% |
| 2014 | 11.77 billion current US$ | -2.7% |
| 2015 | 12.69 billion current US$ | +7.8% |
| 2016 | 12.53 billion current US$ | -1.2% |
| 2017 | 13.08 billion current US$ | +4.3% |
| 2018 | 13.98 billion current US$ | +6.9% |
| 2019 | 14.06 billion current US$ | +0.6% |
| 2020 | 12.72 billion current US$ | -9.5% |
| 2021 | 13.40 billion current US$ | +5.3% |
| 2022 | 15.65 billion current US$ | +16.8% |
| 2023 | 18.07 billion current US$ | +15.5% |
| 2024 | 18.58 billion current US$ | +2.8% |
| 2025 | 19.27 billion current US$ | +3.7% |
Jamaica compared with similar countries
- Jamaica's 19.27 billion current US$ is below the median for upper middle income countries, which is 39.41 billion current US$, 49% of the median. (58 countries reporting)
- Jamaica's 19.27 billion current US$ is below the median for Latin America & Caribbean, which is 26.28 billion current US$, 73% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +56.7% | 3.10 billion current US$ | 4.85 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 861.96 million current US$ | 644.46 million current US$ | 1.09 billion current US$ | 10 |
| 1970s | 2.13 billion current US$ | 1.29 billion current US$ | 3.01 billion current US$ | 10 |
| 1980s | 2.74 billion current US$ | 1.82 billion current US$ | 3.83 billion current US$ | 10 |
| 1990s | 5.63 billion current US$ | 3.10 billion current US$ | 7.87 billion current US$ | 10 |
| 2000s | 9.56 billion current US$ | 7.98 billion current US$ | 11.91 billion current US$ | 10 |
| 2010s | 12.67 billion current US$ | 11.36 billion current US$ | 14.06 billion current US$ | 10 |
| 2020s | 16.28 billion current US$ | 12.72 billion current US$ | 19.27 billion current US$ | 6 |
Countries ranked near Jamaica
- 128 Mozambique 20.03 billion current US$ compare
- 129 Nicaragua 19.78 billion current US$ compare
- 130 Kyrgyzstan 19.38 billion current US$ compare
- 132 Botswana 18.79 billion current US$ compare
- 133 Madagascar 18.14 billion current US$ compare
- 134 Moldova 17.45 billion current 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)
- 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Jamaica?
- Gross value added at basic prices (gva) in Jamaica was 19.27 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Jamaica?
- The highest recorded value was 19.27 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Jamaica?
- The lowest recorded value was 644.46 million current US$ in 1960.
- How does Jamaica rank for gross value added at basic prices (gva)?
- Jamaica ranks 131st out of 207 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 51.8%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.