Net trade in goods and services (BoP, current US$), annual growth rate in Jamaica
Jamaica: Net trade in goods and services (BoP, current US$), annual growth rate was 7.33 % change on previous year in 2024. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in Jamaica, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Jamaica recorded 7.33 % change on previous year for net trade in goods and services (bop, current us$), annual growth rate in 2024.
That represents a change of down 66.0% on the previous year and up 79.9% over ten years.
Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Jamaica peaked at 139.09 % change on previous year in 1986 and was at its lowest, -979.74 % change on previous year, in 1993.
Jamaica ranks 72nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services (BoP, current US$), annual growth rate in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 113.3 % change on previous year | — |
| 1978 | 113.1 % change on previous year | -0.2% |
| 1979 | -177.96 % change on previous year | -257.3% |
| 1980 | 14.04 % change on previous year | -107.9% |
| 1981 | -568.68 % change on previous year | -4150.9% |
| 1982 | -26.63 % change on previous year | -95.3% |
| 1983 | 20.29 % change on previous year | -176.2% |
| 1984 | 38.22 % change on previous year | +88.3% |
| 1985 | -29.29 % change on previous year | -176.6% |
| 1986 | 139.09 % change on previous year | -574.8% |
| 1987 | -67.73 % change on previous year | -148.7% |
| 1988 | -557.89 % change on previous year | +723.7% |
| 1989 | -212.14 % change on previous year | -62.0% |
| 1990 | 60.18 % change on previous year | -128.4% |
| 1991 | 59.65 % change on previous year | -0.9% |
| 1992 | 49.86 % change on previous year | -16.4% |
| 1993 | -979.74 % change on previous year | -2065.1% |
| 1994 | 93.04 % change on previous year | -109.5% |
| 1996 | -61.55 % change on previous year | -166.1% |
| 1997 | -22.83 % change on previous year | -62.9% |
| 1998 | 1.71 % change on previous year | -107.5% |
| 1999 | 18.75 % change on previous year | +994.2% |
| 2000 | -57.84 % change on previous year | -408.4% |
| 2001 | -47.33 % change on previous year | -18.2% |
| 2002 | -25.95 % change on previous year | -45.2% |
| 2003 | 10.58 % change on previous year | -140.8% |
| 2004 | 1.85 % change on previous year | -82.5% |
| 2005 | -44.55 % change on previous year | -2503.1% |
| 2006 | -17.34 % change on previous year | -61.1% |
| 2007 | -47.53 % change on previous year | +174.1% |
| 2008 | -28.05 % change on previous year | -41.0% |
| 2009 | 47.01 % change on previous year | -267.6% |
| 2010 | -5.67 % change on previous year | -112.1% |
| 2011 | -44.57 % change on previous year | +686.4% |
| 2012 | 6.04 % change on previous year | -113.5% |
| 2013 | 4.39 % change on previous year | -27.2% |
| 2014 | 4.08 % change on previous year | -7.3% |
| 2015 | 24.74 % change on previous year | +507.1% |
| 2016 | 19.97 % change on previous year | -19.3% |
| 2017 | -28.29 % change on previous year | -241.6% |
| 2018 | 11.32 % change on previous year | -140.0% |
| 2019 | -8.93 % change on previous year | -178.9% |
| 2020 | -16.96 % change on previous year | +89.9% |
| 2021 | -12.79 % change on previous year | -24.6% |
| 2022 | -9.93 % change on previous year | -22.4% |
| 2023 | 21.56 % change on previous year | -317.2% |
| 2024 | 7.33 % change on previous year | -66.0% |
Jamaica compared with similar countries
- Jamaica's 7.33 % change on previous year is above the median for upper middle income countries, which is -7.86 % change on previous year. (57 countries reporting)
- Jamaica's 7.33 % change on previous year is above the median for Latin America & Caribbean, which is -6.79 % change on previous year. (36 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services (BoP, current US$), annual growth rate in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | -4150.9% | 14.04 % change on previous year | -568.68 % change on previous year |
| 2005 | -2503.1% | 1.85 % change on previous year | -44.55 % change on previous year |
| 1993 | -2065.1% | 49.86 % change on previous year | -979.74 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.15 % change on previous year | -177.96 % change on previous year | 113.3 % change on previous year | 3 |
| 1980s | -125.07 % change on previous year | -568.68 % change on previous year | 139.09 % change on previous year | 10 |
| 1990s | -86.77 % change on previous year | -979.74 % change on previous year | 93.04 % change on previous year | 9 |
| 2000s | -20.92 % change on previous year | -57.84 % change on previous year | 47.01 % change on previous year | 10 |
| 2010s | -1.69 % change on previous year | -44.57 % change on previous year | 24.74 % change on previous year | 10 |
| 2020s | -2.16 % change on previous year | -16.96 % change on previous year | 21.56 % change on previous year | 5 |
Countries ranked near Jamaica
- 69 Zimbabwe 8.42 % change on previous year compare
- 70 Laos 7.88 % change on previous year compare
- 71 Kenya 7.53 % change on previous year compare
- 73 Haiti 6.86 % change on previous year compare
- 74 Afghanistan 5.95 % change on previous year compare
- 75 South Africa 5.61 % change on previous year compare
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services (bop, current us$), annual growth rate in Jamaica?
- Net trade in goods and services (bop, current us$), annual growth rate in Jamaica was 7.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Jamaica?
- The highest recorded value was 139.09 % change on previous year in 1986.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Jamaica?
- The lowest recorded value was -979.74 % change on previous year in 1993.
- How does Jamaica rank for net trade in goods and services (bop, current us$), annual growth rate?
- Jamaica ranks 72nd out of 199 countries with data for 2024.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Jamaica?
- Over the last ten years it is up 79.9%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.