Value of imported goods as a share of GDP in Jamaica
Jamaica: Value of imported goods as a share of GDP was 33.4% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Jamaica, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Jamaica recorded 33.4% for value of imported goods as a share of gdp in 2024.
The figure is down 5.8% on the previous year and down 18.8% over ten years.
Over the whole period, value of imported goods as a share of gdp in Jamaica peaked at 60.8% in 2008 and was at its lowest, 25.4%, in 1963.
That places Jamaica 93rd out of 201 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Jamaica, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 28.9% | — |
| 1961 | 26.2% | -9.5% |
| 1962 | 27.0% | +3.0% |
| 1963 | 25.4% | -5.7% |
| 1964 | 29.1% | +14.5% |
| 1965 | 28.4% | -2.4% |
| 1966 | 27.3% | -4.0% |
| 1967 | 28.2% | +3.5% |
| 1968 | 32.7% | +15.8% |
| 1969 | 34.6% | +5.8% |
| 1970 | 35.9% | +3.7% |
| 1971 | 34.5% | -3.8% |
| 1972 | 30.9% | -10.5% |
| 1973 | 32.5% | +5.0% |
| 1974 | 37.7% | +16.2% |
| 1975 | 37.6% | -0.3% |
| 1976 | 30.1% | -20.0% |
| 1977 | 25.5% | -15.3% |
| 1978 | 36.0% | +41.5% |
| 1979 | 40.0% | +11.1% |
| 1980 | 42.9% | +7.0% |
| 1981 | 48.1% | +12.3% |
| 1982 | 40.3% | -16.3% |
| 1983 | 33.6% | -16.5% |
| 1984 | 48.0% | +42.7% |
| 1985 | 52.9% | +10.2% |
| 1986 | 33.8% | -36.1% |
| 1987 | 35.9% | +6.1% |
| 1988 | 36.4% | +1.5% |
| 1989 | 39.4% | +8.2% |
| 1990 | 39.6% | +0.7% |
| 1991 | 43.0% | +8.5% |
| 1992 | 51.4% | +19.5% |
| 1993 | 39.8% | -22.6% |
| 1994 | 39.2% | -1.4% |
| 1995 | 43.0% | +9.6% |
| 1996 | 38.7% | -9.9% |
| 1997 | 35.9% | -7.4% |
| 1998 | 33.0% | -8.0% |
| 1999 | 32.1% | -2.7% |
| 2000 | 35.6% | +11.0% |
| 2001 | 35.9% | +0.8% |
| 2002 | 36.0% | +0.2% |
| 2003 | 38.2% | +6.0% |
| 2004 | 38.0% | -0.5% |
| 2005 | 43.7% | +15.0% |
| 2006 | 47.5% | +8.7% |
| 2007 | 49.0% | +3.2% |
| 2008 | 60.8% | +24.0% |
| 2009 | 41.1% | -32.3% |
| 2010 | 38.7% | -5.8% |
| 2011 | 43.5% | +12.3% |
| 2012 | 41.7% | -4.1% |
| 2013 | 42.8% | +2.5% |
| 2014 | 41.1% | -3.9% |
| 2015 | 32.7% | -20.5% |
| 2016 | 30.9% | -5.3% |
| 2017 | 34.7% | +12.2% |
| 2018 | 36.3% | +4.8% |
| 2019 | 37.5% | +3.3% |
| 2020 | 31.8% | -15.4% |
| 2021 | 37.4% | +17.7% |
| 2022 | 41.1% | +9.9% |
| 2023 | 35.4% | -13.8% |
| 2024 | 33.4% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 28.8% | 25.4% | 34.6% | 10 |
| 1970s | 34.1% | 25.5% | 40.0% | 10 |
| 1980s | 41.1% | 33.6% | 52.9% | 10 |
| 1990s | 39.6% | 32.1% | 51.4% | 10 |
| 2000s | 42.6% | 35.6% | 60.8% | 10 |
| 2010s | 38.0% | 30.9% | 43.5% | 10 |
| 2020s | 35.8% | 31.8% | 41.1% | 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 value of imported goods as a share of gdp in Jamaica?
- Value of imported goods as a share of gdp in Jamaica was 33.4% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Jamaica?
- The highest recorded value was 60.8% in 2008.
- What is the lowest value of imported goods as a share of gdp recorded in Jamaica?
- The lowest recorded value was 25.4% in 1963.
- How does Jamaica rank for value of imported goods as a share of gdp?
- Jamaica ranks 93rd out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Jamaica?
- Over the last ten years it is down 18.8%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).