Gross domestic product (GDP) in Jamaica
Jamaica: Gross domestic product (GDP) was 8.46 billion current GBP in 2014. ◆ Volatile
Latest (2014)
8.46 billion current GBP
Change on year
down 7.2%
World rank
127th
of 200 countries
All-time high
9.34 billion current GBP
in 2012
All-time low
16.10 million current GBP
in 1934
Years of data
78
1929–2014
Gross domestic product (GDP) in Jamaica, 1929–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Jamaica recorded 8.46 billion current GBP for gross domestic product (gdp) in 2014.
The figure is down 7.2% on the previous year and up 52.7% over ten years.
Over the whole period, gross domestic product (gdp) in Jamaica peaked at 9.34 billion current GBP in 2012 and was at its lowest, 16.10 million current GBP, in 1934.
Jamaica ranks 127th of 200 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.
Gross domestic product (GDP) in Jamaica, year by year
| Year | current GBP | Change |
|---|---|---|
| 1929 | 18.70 million current GBP | — |
| 1930 | 18.60 million current GBP | -0.5% |
| 1931 | 17.90 million current GBP | -3.8% |
| 1932 | 16.70 million current GBP | -6.7% |
| 1933 | 16.40 million current GBP | -1.8% |
| 1934 | 16.10 million current GBP | -1.8% |
| 1935 | 16.70 million current GBP | +3.7% |
| 1936 | 16.90 million current GBP | +1.2% |
| 1937 | 18.70 million current GBP | +10.7% |
| 1938 | 19.60 million current GBP | +4.8% |
| 1942 | 33.30 million current GBP | +69.9% |
| 1943 | 40.50 million current GBP | +21.6% |
| 1946 | 64.00 million current GBP | +58.0% |
| 1950 | 77.97 million current GBP | +21.8% |
| 1951 | 90.54 million current GBP | +16.1% |
| 1952 | 103.62 million current GBP | +14.4% |
| 1953 | 116.20 million current GBP | +12.1% |
| 1954 | 129.78 million current GBP | +11.7% |
| 1955 | 147.89 million current GBP | +14.0% |
| 1956 | 172.53 million current GBP | +16.7% |
| 1957 | 207.75 million current GBP | +20.4% |
| 1958 | 214.79 million current GBP | +3.4% |
| 1959 | 217.81 million current GBP | +1.4% |
| 1960 | 249.67 million current GBP | +14.6% |
| 1961 | 267.16 million current GBP | +7.0% |
| 1962 | 277.76 million current GBP | +4.0% |
| 1963 | 295.25 million current GBP | +6.3% |
| 1964 | 320.70 million current GBP | +8.6% |
| 1965 | 347.20 million current GBP | +8.3% |
| 1966 | 391.70 million current GBP | +12.8% |
| 1967 | 415.70 million current GBP | +6.1% |
| 1968 | 451.60 million current GBP | +8.6% |
| 1969 | 496.35 million current GBP | +9.9% |
| 1970 | 585.30 million current GBP | +17.9% |
| 1971 | 632.76 million current GBP | +8.1% |
| 1972 | 750.79 million current GBP | +18.7% |
| 1973 | 777.92 million current GBP | +3.6% |
| 1974 | 1.02 billion current GBP | +30.6% |
| 1975 | 1.29 billion current GBP | +27.3% |
| 1976 | 1.65 billion current GBP | +27.7% |
| 1977 | 1.86 billion current GBP | +12.9% |
| 1978 | 1.38 billion current GBP | -26.0% |
| 1979 | 1.15 billion current GBP | -17.0% |
| 1980 | 1.15 billion current GBP | +0.7% |
| 1981 | 1.48 billion current GBP | +28.6% |
| 1982 | 1.89 billion current GBP | +27.2% |
| 1983 | 2.39 billion current GBP | +26.6% |
| 1984 | 1.78 billion current GBP | -25.3% |
| 1985 | 1.64 billion current GBP | -8.3% |
| 1986 | 1.88 billion current GBP | +14.8% |
| 1987 | 2.01 billion current GBP | +7.0% |
| 1988 | 2.15 billion current GBP | +7.0% |
| 1989 | 2.69 billion current GBP | +25.1% |
| 1990 | 2.59 billion current GBP | -3.9% |
| 1991 | 2.31 billion current GBP | -10.7% |
| 1992 | 2.01 billion current GBP | -12.8% |
| 1993 | 3.24 billion current GBP | +61.1% |
| 1994 | 3.21 billion current GBP | -1.0% |
| 1995 | 3.66 billion current GBP | +14.2% |
| 1996 | 4.17 billion current GBP | +13.8% |
| 1997 | 4.55 billion current GBP | +9.2% |
| 1998 | 5.26 billion current GBP | +15.7% |
| 1999 | 5.44 billion current GBP | +3.3% |
| 2000 | 5.90 billion current GBP | +8.6% |
| 2001 | 6.31 billion current GBP | +7.0% |
| 2002 | 6.47 billion current GBP | +2.5% |
| 2003 | 5.76 billion current GBP | -11.0% |
| 2004 | 5.54 billion current GBP | -3.7% |
| 2005 | 6.16 billion current GBP | +11.1% |
| 2006 | 6.47 billion current GBP | +5.0% |
| 2007 | 6.41 billion current GBP | -0.9% |
| 2008 | 7.44 billion current GBP | +16.1% |
| 2009 | 7.73 billion current GBP | +3.8% |
| 2010 | 8.54 billion current GBP | +10.5% |
| 2011 | 8.99 billion current GBP | +5.3% |
| 2012 | 9.34 billion current GBP | +3.9% |
| 2013 | 9.12 billion current GBP | -2.3% |
| 2014 | 8.46 billion current GBP | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1920s | 18.70 million current GBP | 18.70 million current GBP | 18.70 million current GBP | 1 |
| 1930s | 17.51 million current GBP | 16.10 million current GBP | 19.60 million current GBP | 9 |
| 1940s | 45.93 million current GBP | 33.30 million current GBP | 64.00 million current GBP | 3 |
| 1950s | 147.89 million current GBP | 77.97 million current GBP | 217.81 million current GBP | 10 |
| 1960s | 351.31 million current GBP | 249.67 million current GBP | 496.35 million current GBP | 10 |
| 1970s | 1.11 billion current GBP | 585.30 million current GBP | 1.86 billion current GBP | 10 |
| 1980s | 1.91 billion current GBP | 1.15 billion current GBP | 2.69 billion current GBP | 10 |
| 1990s | 3.64 billion current GBP | 2.01 billion current GBP | 5.44 billion current GBP | 10 |
| 2000s | 6.42 billion current GBP | 5.54 billion current GBP | 7.73 billion current GBP | 10 |
| 2010s | 8.89 billion current GBP | 8.46 billion current GBP | 9.34 billion current GBP | 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)
- Industry (including construction), value added (constant 2015 US$) 0.145 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.128 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,025 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.1449 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 14.98 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 119,857 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 2.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5984 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Jamaica?
- Gross domestic product (gdp) in Jamaica was 8.46 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Jamaica?
- The highest recorded value was 9.34 billion current GBP in 2012.
- What is the lowest gross domestic product (gdp) recorded in Jamaica?
- The lowest recorded value was 16.10 million current GBP in 1934.
- How does Jamaica rank for gross domestic product (gdp)?
- Jamaica ranks 127th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Jamaica?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 78 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.