Net secondary income in Jamaica
Jamaica: Net secondary income was 3.43 billion BoP, current US$ in 2024. ◆ Volatile
Net secondary income in Jamaica, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net secondary income in Jamaica stood at 3.43 billion BoP, current US$.
Compared with earlier readings it is down 0.6% on the previous year and up 53.4% over ten years.
Over the whole period, net secondary income in Jamaica peaked at 3.57 billion BoP, current US$ in 2021 and was at its lowest, 44.70 million BoP, current US$, in 1976.
That places Jamaica 38th out of 199 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income in Jamaica, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 44.70 million BoP, current US$ | — |
| 1977 | 49.50 million BoP, current US$ | +10.7% |
| 1978 | 54.10 million BoP, current US$ | +9.3% |
| 1979 | 112.50 million BoP, current US$ | +107.9% |
| 1980 | 120.60 million BoP, current US$ | +7.2% |
| 1981 | 154.30 million BoP, current US$ | +27.9% |
| 1982 | 175.48 million BoP, current US$ | +13.7% |
| 1983 | 121.50 million BoP, current US$ | -30.8% |
| 1984 | 140.63 million BoP, current US$ | +15.7% |
| 1985 | 252.15 million BoP, current US$ | +79.3% |
| 1986 | 170.42 million BoP, current US$ | -32.4% |
| 1987 | 188.07 million BoP, current US$ | +10.4% |
| 1988 | 521.89 million BoP, current US$ | +177.5% |
| 1989 | 502.19 million BoP, current US$ | -3.8% |
| 1990 | 290.90 million BoP, current US$ | -42.1% |
| 1991 | 268.50 million BoP, current US$ | -7.7% |
| 1992 | 357.40 million BoP, current US$ | +33.1% |
| 1993 | 389.80 million BoP, current US$ | +9.1% |
| 1994 | 459.90 million BoP, current US$ | +18.0% |
| 1995 | 607.00 million BoP, current US$ | +32.0% |
| 1996 | 623.60 million BoP, current US$ | +2.7% |
| 1997 | 624.80 million BoP, current US$ | +0.2% |
| 1998 | 628.00 million BoP, current US$ | +0.5% |
| 1999 | 647.30 million BoP, current US$ | +3.1% |
| 2000 | 820.80 million BoP, current US$ | +26.8% |
| 2001 | 914.10 million BoP, current US$ | +11.4% |
| 2002 | 1.09 billion BoP, current US$ | +18.9% |
| 2003 | 1.19 billion BoP, current US$ | +9.4% |
| 2004 | 1.45 billion BoP, current US$ | +21.6% |
| 2005 | 1.58 billion BoP, current US$ | +9.1% |
| 2006 | 1.75 billion BoP, current US$ | +10.8% |
| 2007 | 2.04 billion BoP, current US$ | +16.7% |
| 2008 | 2.15 billion BoP, current US$ | +5.4% |
| 2009 | 1.86 billion BoP, current US$ | -13.6% |
| 2010 | 2.01 billion BoP, current US$ | +8.2% |
| 2011 | 2.00 billion BoP, current US$ | -0.7% |
| 2012 | 2.09 billion BoP, current US$ | +4.5% |
| 2013 | 2.16 billion BoP, current US$ | +3.4% |
| 2014 | 2.24 billion BoP, current US$ | +3.6% |
| 2015 | 2.31 billion BoP, current US$ | +3.2% |
| 2016 | 2.39 billion BoP, current US$ | +3.6% |
| 2017 | 2.38 billion BoP, current US$ | -0.3% |
| 2018 | 2.45 billion BoP, current US$ | +3.0% |
| 2019 | 2.42 billion BoP, current US$ | -1.5% |
| 2020 | 2.96 billion BoP, current US$ | +22.6% |
| 2021 | 3.57 billion BoP, current US$ | +20.6% |
| 2022 | 3.52 billion BoP, current US$ | -1.5% |
| 2023 | 3.45 billion BoP, current US$ | -2.0% |
| 2024 | 3.43 billion BoP, current US$ | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 65.20 million BoP, current US$ | 44.70 million BoP, current US$ | 112.50 million BoP, current US$ | 4 |
| 1980s | 234.72 million BoP, current US$ | 120.60 million BoP, current US$ | 521.89 million BoP, current US$ | 10 |
| 1990s | 489.72 million BoP, current US$ | 268.50 million BoP, current US$ | 647.30 million BoP, current US$ | 10 |
| 2000s | 1.48 billion BoP, current US$ | 820.80 million BoP, current US$ | 2.15 billion BoP, current US$ | 10 |
| 2010s | 2.24 billion BoP, current US$ | 2.00 billion BoP, current US$ | 2.45 billion BoP, current US$ | 10 |
| 2020s | 3.39 billion BoP, current US$ | 2.96 billion BoP, current US$ | 3.57 billion BoP, current US$ | 5 |
Countries ranked near Jamaica
- 35 Haiti 3.77 billion BoP, current US$ compare
- 36 Georgia 3.56 billion BoP, current US$ compare
- 37 Zimbabwe 3.44 billion BoP, current US$ compare
- 39 Bosnia and Herzegovina 3.25 billion BoP, current US$ compare
- 40 Tunisia 3.03 billion BoP, current US$ compare
- 41 Senegal 3.00 billion BoP, 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)
- GNI (current LCU), annual growth rate 5.15 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 156.66 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 1.25 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 11.12 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 9.61 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 0.0582 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1513 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,211 current US$ per person (2025)
Frequently asked questions
- What is net secondary income in Jamaica?
- Net secondary income in Jamaica was 3.43 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Jamaica?
- The highest recorded value was 3.57 billion BoP, current US$ in 2021.
- What is the lowest net secondary income recorded in Jamaica?
- The lowest recorded value was 44.70 million BoP, current US$ in 1976.
- How does Jamaica rank for net secondary income?
- Jamaica ranks 38th out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Jamaica?
- Over the last ten years it is up 53.4%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.