Revenue from corporate income taxes as a share of GDP in Jamaica
Jamaica: Revenue from corporate income taxes as a share of GDP was 3.2% in 2017. ▼ Falling
Revenue from corporate income taxes as a share of GDP in Jamaica, 1990–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for revenue from corporate income taxes as a share of gdp in Jamaica is 3.2%, measured in 2017.
Compared with earlier readings it is up 19.9% on the previous year and up 45.1% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Jamaica peaked at 4.0% in 1990 and was at its lowest, 1.5%, in 2004.
That places Jamaica 59th out of 163 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Revenue from corporate income taxes as a share of GDP in Jamaica, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 4.0% | — |
| 1991 | 3.2% | -21.5% |
| 1992 | 2.7% | -13.6% |
| 1993 | 3.0% | +10.4% |
| 1994 | 3.1% | +4.7% |
| 1995 | 3.0% | -5.1% |
| 1996 | 2.3% | -23.8% |
| 1997 | 2.3% | +1.6% |
| 1998 | 1.9% | -17.6% |
| 1999 | 2.0% | +5.9% |
| 2000 | 2.0% | -2.3% |
| 2001 | 1.6% | -19.8% |
| 2002 | 1.7% | +6.4% |
| 2003 | 1.8% | +9.4% |
| 2004 | 1.5% | -15.8% |
| 2005 | 1.9% | +21.1% |
| 2006 | 2.3% | +24.8% |
| 2007 | 2.2% | -4.7% |
| 2008 | 2.5% | +10.1% |
| 2009 | 2.4% | -2.7% |
| 2010 | 2.9% | +20.1% |
| 2011 | 2.6% | -10.5% |
| 2012 | 2.5% | -3.1% |
| 2013 | 2.4% | -3.1% |
| 2014 | 2.1% | -14.0% |
| 2015 | 2.4% | +16.7% |
| 2016 | 2.7% | +11.4% |
| 2017 | 3.2% | +19.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.8% | 1.9% | 4.0% | 10 |
| 2000s | 2.0% | 1.5% | 2.5% | 10 |
| 2010s | 2.6% | 2.1% | 3.2% | 8 |
Countries ranked near Jamaica
- 56 Netherlands 3.3% compare
- 57 Marshall Islands 3.3% compare
- 58 Switzerland 3.3% compare
- 60 Portugal 3.2% compare
- 61 Slovakia 3.2% compare
- 62 Papua New Guinea 3.1% 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 revenue from corporate income taxes as a share of gdp in Jamaica?
- Revenue from corporate income taxes as a share of gdp in Jamaica was 3.2% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Jamaica?
- The highest recorded value was 4.0% in 1990.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Jamaica?
- The lowest recorded value was 1.5% in 2004.
- How does Jamaica rank for revenue from corporate income taxes as a share of gdp?
- Jamaica ranks 59th out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Jamaica?
- Over the last ten years it is up 45.1%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.