Real gdp growth in Jamaica
Jamaica: Real gdp growth was -0.535 in 2024. ◆ Volatile
Latest (2024)
-0.535
Change on year
down 119.5%
World rank
184th
of 196 countries
All-time high
7.7
in 1987
All-time low
-8.3
in 2020
Years of data
45
1980–2024
Real gdp growth in Jamaica, 1980–2024
Source: Our World in Data.
Analysis
The most recent figure for real gdp growth in Jamaica is -0.535, measured in 2024.
That represents a change of down 119.5% on the previous year and down 193.0% over ten years.
Over the whole period, real gdp growth in Jamaica peaked at 7.7 in 1987 and was at its lowest, -8.3, in 2020.
Jamaica ranks 184th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.31 | -4.04 | 7.7 | 10 |
| 1990s | 1.35 | -1.64 | 4.88 | 10 |
| 2000s | 0.8731 | -3.41 | 3.67 | 10 |
| 2010s | 1.11 | -1.44 | 2.76 | 10 |
| 2020s | 1.21 | -8.3 | 6.44 | 5 |
Countries ranked near Jamaica
More economy & growth data for Jamaica
- Inflation of consumer prices 4 (2025)
- Gdp per capita worldbank constant usd 6,106 (2025)
- Manufacturing value added to gdp 7.69 (2025)
- Gdp worldbank constant usd 17.32 billion (2025)
- Gdp per capita in international and market dollars 6,106 (2025)
- DEC alternative conversion factor 159.1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 603.86 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 3.80 billion current US$ (2025)
- Taxes less subsidies on products 546.60 billion current LCU (2025)
- Taxes less subsidies on products 3.44 billion current US$ (2025)
Frequently asked questions
- What is real gdp growth in Jamaica?
- Real gdp growth in Jamaica was -0.535 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Jamaica?
- The highest recorded value was 7.7 in 1987.
- What is the lowest real gdp growth recorded in Jamaica?
- The lowest recorded value was -8.3 in 2020.
- How does Jamaica rank for real gdp growth?
- Jamaica ranks 184th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Jamaica?
- Over the last ten years it is down 193.0%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).