Secondary income, other sectors, payments in Jamaica
Jamaica: Secondary income, other sectors, payments was 229.50 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
229.50 million BoP, current US$
Change on year
down 1.4%
World rank
115th
of 197 countries
All-time high
442.28 million BoP, current US$
in 2004
All-time low
5.50 million BoP, current US$
in 1987
Years of data
49
1976–2024
Secondary income, other sectors, payments in Jamaica, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments in Jamaica stood at 229.50 million BoP, current US$.
The figure is down 1.4% on the previous year and up 0.8% over ten years.
Over the whole period, secondary income, other sectors, payments in Jamaica peaked at 442.28 million BoP, current US$ in 2004 and was at its lowest, 5.50 million BoP, current US$, in 1987.
That places Jamaica 115th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Jamaica, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 15.80 million BoP, current US$ | — |
| 1977 | 11.10 million BoP, current US$ | -29.7% |
| 1978 | 13.00 million BoP, current US$ | +17.1% |
| 1979 | 12.30 million BoP, current US$ | -5.4% |
| 1980 | 9.00 million BoP, current US$ | -26.8% |
| 1981 | 9.40 million BoP, current US$ | +4.4% |
| 1982 | 11.00 million BoP, current US$ | +17.0% |
| 1983 | 13.80 million BoP, current US$ | +25.5% |
| 1984 | 8.80 million BoP, current US$ | -36.2% |
| 1985 | 7.20 million BoP, current US$ | -18.2% |
| 1986 | 7.40 million BoP, current US$ | +2.8% |
| 1987 | 5.50 million BoP, current US$ | -25.7% |
| 1988 | 9.10 million BoP, current US$ | +65.5% |
| 1989 | 13.10 million BoP, current US$ | +44.0% |
| 1990 | 12.90 million BoP, current US$ | -1.5% |
| 1991 | 14.30 million BoP, current US$ | +10.9% |
| 1992 | 19.40 million BoP, current US$ | +35.7% |
| 1993 | 11.70 million BoP, current US$ | -39.7% |
| 1994 | 39.30 million BoP, current US$ | +235.9% |
| 1995 | 57.80 million BoP, current US$ | +47.1% |
| 1996 | 78.30 million BoP, current US$ | +35.5% |
| 1997 | 76.20 million BoP, current US$ | -2.7% |
| 1998 | 92.30 million BoP, current US$ | +21.1% |
| 1999 | 102.90 million BoP, current US$ | +11.5% |
| 2000 | 141.40 million BoP, current US$ | +37.4% |
| 2001 | 170.00 million BoP, current US$ | +20.2% |
| 2002 | 243.50 million BoP, current US$ | +43.2% |
| 2003 | 329.60 million BoP, current US$ | +35.4% |
| 2004 | 442.28 million BoP, current US$ | +34.2% |
| 2005 | 352.21 million BoP, current US$ | -20.4% |
| 2006 | 333.17 million BoP, current US$ | -5.4% |
| 2007 | 337.48 million BoP, current US$ | +1.3% |
| 2008 | 332.52 million BoP, current US$ | -1.5% |
| 2009 | 251.62 million BoP, current US$ | -24.3% |
| 2010 | 267.24 million BoP, current US$ | +6.2% |
| 2011 | 279.81 million BoP, current US$ | +4.7% |
| 2012 | 268.16 million BoP, current US$ | -4.2% |
| 2013 | 240.68 million BoP, current US$ | -10.2% |
| 2014 | 227.67 million BoP, current US$ | -5.4% |
| 2015 | 232.94 million BoP, current US$ | +2.3% |
| 2016 | 235.59 million BoP, current US$ | +1.1% |
| 2017 | 252.06 million BoP, current US$ | +7.0% |
| 2018 | 249.12 million BoP, current US$ | -1.2% |
| 2019 | 262.78 million BoP, current US$ | +5.5% |
| 2020 | 226.24 million BoP, current US$ | -13.9% |
| 2021 | 237.16 million BoP, current US$ | +4.8% |
| 2022 | 235.61 million BoP, current US$ | -0.7% |
| 2023 | 232.79 million BoP, current US$ | -1.2% |
| 2024 | 229.50 million BoP, current US$ | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.05 million BoP, current US$ | 11.10 million BoP, current US$ | 15.80 million BoP, current US$ | 4 |
| 1980s | 9.43 million BoP, current US$ | 5.50 million BoP, current US$ | 13.80 million BoP, current US$ | 10 |
| 1990s | 50.51 million BoP, current US$ | 11.70 million BoP, current US$ | 102.90 million BoP, current US$ | 10 |
| 2000s | 293.38 million BoP, current US$ | 141.40 million BoP, current US$ | 442.28 million BoP, current US$ | 10 |
| 2010s | 251.60 million BoP, current US$ | 227.67 million BoP, current US$ | 279.81 million BoP, current US$ | 10 |
| 2020s | 232.26 million BoP, current US$ | 226.24 million BoP, current US$ | 237.16 million BoP, current US$ | 5 |
Countries ranked near Jamaica
- 112 Albania 252.81 million BoP, current US$ compare
- 113 North Macedonia 244.37 million BoP, current US$ compare
- 114 Mali 234.89 million BoP, current US$ compare
- 116 Burkina Faso 227.54 million BoP, current US$ compare
- 117 Palestine, State of 225.02 million BoP, current US$ compare
- 118 Curacao 216.99 million 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)
- Services, value added (constant LCU), per capita 439,378 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 3.71 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8487 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,792 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 135.02 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.08 million current LCU per person (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Jamaica?
- Secondary income, other sectors, payments in Jamaica was 229.50 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Jamaica?
- The highest recorded value was 442.28 million BoP, current US$ in 2004.
- What is the lowest secondary income, other sectors, payments recorded in Jamaica?
- The lowest recorded value was 5.50 million BoP, current US$ in 1987.
- How does Jamaica rank for secondary income, other sectors, payments?
- Jamaica ranks 115th out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Jamaica?
- Over the last ten years it is up 0.8%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.