Service exports (BoP, current US$), annual growth rate in Jamaica
Jamaica: Service exports (BoP, current US$), annual growth rate was -0.3222 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Jamaica, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, service exports (bop, current us$), annual growth rate in Jamaica stood at -0.3222 % change on previous year.
Compared with earlier readings it is down 101.9% on the previous year and down 104.5% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Jamaica peaked at 54.87 % change on previous year in 2022 and was at its lowest, -54.34 % change on previous year, in 2020.
That places Jamaica 175th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | -6.66 % change on previous year | — |
| 1978 | 31.4 % change on previous year | -571.4% |
| 1979 | 23.27 % change on previous year | -25.9% |
| 1980 | 13.9 % change on previous year | -40.3% |
| 1981 | 7.54 % change on previous year | -45.8% |
| 1982 | 14.41 % change on previous year | +91.2% |
| 1983 | 9.55 % change on previous year | -33.7% |
| 1984 | 4.85 % change on previous year | -49.2% |
| 1985 | 7.63 % change on previous year | +57.3% |
| 1986 | 23.63 % change on previous year | +209.7% |
| 1987 | 11.15 % change on previous year | -52.8% |
| 1988 | -6.23 % change on previous year | -155.9% |
| 1989 | 11.56 % change on previous year | -285.5% |
| 1990 | 17.17 % change on previous year | +48.5% |
| 1991 | -3.35 % change on previous year | -119.5% |
| 1992 | 11.28 % change on previous year | -436.6% |
| 1993 | 14.19 % change on previous year | +25.8% |
| 1994 | 17.41 % change on previous year | +22.7% |
| 1995 | 7.95 % change on previous year | -54.3% |
| 1996 | 0.2503 % change on previous year | -96.9% |
| 1997 | 6.06 % change on previous year | +2318.9% |
| 1998 | 4.21 % change on previous year | -30.5% |
| 1999 | 11.75 % change on previous year | +179.2% |
| 2000 | 2.39 % change on previous year | -79.7% |
| 2001 | -6.35 % change on previous year | -365.7% |
| 2002 | 0.8044 % change on previous year | -112.7% |
| 2003 | 11.79 % change on previous year | +1365.7% |
| 2004 | 7.46 % change on previous year | -36.8% |
| 2005 | 1.42 % change on previous year | -81.0% |
| 2006 | 13.69 % change on previous year | +866.7% |
| 2007 | 2.18 % change on previous year | -84.0% |
| 2008 | 3.28 % change on previous year | +49.9% |
| 2009 | -5.18 % change on previous year | -258.0% |
| 2010 | -0.624 % change on previous year | -87.9% |
| 2011 | -0.5243 % change on previous year | -16.0% |
| 2012 | 5.17 % change on previous year | -1086.4% |
| 2013 | -0.0218 % change on previous year | -100.4% |
| 2014 | 7.15 % change on previous year | -32953.8% |
| 2015 | 3.61 % change on previous year | -49.5% |
| 2016 | 5.16 % change on previous year | +42.8% |
| 2017 | 9.32 % change on previous year | +80.8% |
| 2018 | 8.92 % change on previous year | -4.3% |
| 2019 | 14.31 % change on previous year | +60.5% |
| 2020 | -54.34 % change on previous year | -479.7% |
| 2021 | 46.08 % change on previous year | -184.8% |
| 2022 | 54.87 % change on previous year | +19.1% |
| 2023 | 16.61 % change on previous year | -69.7% |
| 2024 | -0.3222 % change on previous year | -101.9% |
Jamaica compared with similar countries
- Jamaica's -0.3222 % change on previous year is below the median for upper middle income countries, which is 8.86 % change on previous year. (57 countries reporting)
- Jamaica's -0.3222 % change on previous year is below the median for Latin America & Caribbean, which is 4.73 % change on previous year. (36 countries reporting)
Biggest year-on-year movements
Years where Service exports (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 |
|---|---|---|---|
| 2014 | +32953.8% | -0.0218 % change on previous year | 7.15 % change on previous year |
| 1997 | +2318.9% | 0.2503 % change on previous year | 6.06 % change on previous year |
| 2003 | +1365.7% | 0.8044 % change on previous year | 11.79 % change on previous year |
| 2012 | +1086.4% | -0.5243 % change on previous year | 5.17 % change on previous year |
| 2006 | +866.7% | 1.42 % change on previous year | 13.69 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16 % change on previous year | -6.66 % change on previous year | 31.4 % change on previous year | 3 |
| 1980s | 9.8 % change on previous year | -6.23 % change on previous year | 23.63 % change on previous year | 10 |
| 1990s | 8.69 % change on previous year | -3.35 % change on previous year | 17.41 % change on previous year | 10 |
| 2000s | 3.15 % change on previous year | -6.35 % change on previous year | 13.69 % change on previous year | 10 |
| 2010s | 5.25 % change on previous year | -0.624 % change on previous year | 14.31 % change on previous year | 10 |
| 2020s | 12.58 % change on previous year | -54.34 % change on previous year | 54.87 % change on previous year | 5 |
Countries ranked near Jamaica
- 172 Mongolia 1.09 % change on previous year compare
- 173 Grenada 0.7578 % change on previous year compare
- 174 Samoa 0.1894 % change on previous year compare
- 176 Dominican Republic -1.74 % change on previous year compare
- 177 Antigua and Barbuda -2.12 % change on previous year compare
- 178 Jordan -2.39 % 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Jamaica?
- Service exports (bop, current us$), annual growth rate in Jamaica was -0.3222 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Jamaica?
- The highest recorded value was 54.87 % change on previous year in 2022.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Jamaica?
- The lowest recorded value was -54.34 % change on previous year in 2020.
- How does Jamaica rank for service exports (bop, current us$), annual growth rate?
- Jamaica ranks 175th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Jamaica?
- Over the last ten years it is down 104.5%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 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 Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.