Service exports (BoP, current US$), per unit of GDP in Jamaica
Jamaica: Service exports (BoP, current US$), per unit of GDP was 0.2388 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Service exports (BoP, current US$), per unit of GDP in Jamaica, 1976–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, service exports (bop, current us$), per unit of gdp in Jamaica stood at 0.2388 BoP, current US$ per US$ of GDP.
That represents a change of down 3.0% on the previous year and up 12.4% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Jamaica peaked at 0.3123 BoP, current US$ per US$ of GDP in 1992 and was at its lowest, 0.0668 BoP, current US$ per US$ of GDP, in 1977.
That places Jamaica 43rd out of 199 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Service exports (BoP, current US$), per unit of GDP in Jamaica, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0785 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.0668 BoP, current US$ per US$ of GDP | -14.8% |
| 1978 | 0.1079 BoP, current US$ per US$ of GDP | +61.5% |
| 1979 | 0.1451 BoP, current US$ per US$ of GDP | +34.4% |
| 1980 | 0.1495 BoP, current US$ per US$ of GDP | +3.1% |
| 1981 | 0.1446 BoP, current US$ per US$ of GDP | -3.3% |
| 1982 | 0.1497 BoP, current US$ per US$ of GDP | +3.5% |
| 1983 | 0.1492 BoP, current US$ per US$ of GDP | -0.3% |
| 1984 | 0.2386 BoP, current US$ per US$ of GDP | +59.9% |
| 1985 | 0.2902 BoP, current US$ per US$ of GDP | +21.6% |
| 1986 | 0.2735 BoP, current US$ per US$ of GDP | -5.7% |
| 1987 | 0.2548 BoP, current US$ per US$ of GDP | -6.9% |
| 1988 | 0.2051 BoP, current US$ per US$ of GDP | -19.5% |
| 1989 | 0.1989 BoP, current US$ per US$ of GDP | -3.0% |
| 1990 | 0.2235 BoP, current US$ per US$ of GDP | +12.4% |
| 1991 | 0.2416 BoP, current US$ per US$ of GDP | +8.1% |
| 1992 | 0.3123 BoP, current US$ per US$ of GDP | +29.2% |
| 1993 | 0.2317 BoP, current US$ per US$ of GDP | -25.8% |
| 1994 | 0.2715 BoP, current US$ per US$ of GDP | +17.1% |
| 1995 | 0.2429 BoP, current US$ per US$ of GDP | -10.5% |
| 1996 | 0.2167 BoP, current US$ per US$ of GDP | -10.8% |
| 1997 | 0.2022 BoP, current US$ per US$ of GDP | -6.6% |
| 1998 | 0.2015 BoP, current US$ per US$ of GDP | -0.4% |
| 1999 | 0.2226 BoP, current US$ per US$ of GDP | +10.5% |
| 2000 | 0.225 BoP, current US$ per US$ of GDP | +1.0% |
| 2001 | 0.2063 BoP, current US$ per US$ of GDP | -8.3% |
| 2002 | 0.1968 BoP, current US$ per US$ of GDP | -4.6% |
| 2003 | 0.2267 BoP, current US$ per US$ of GDP | +15.2% |
| 2004 | 0.2258 BoP, current US$ per US$ of GDP | -0.4% |
| 2005 | 0.2072 BoP, current US$ per US$ of GDP | -8.2% |
| 2006 | 0.222 BoP, current US$ per US$ of GDP | +7.2% |
| 2007 | 0.2115 BoP, current US$ per US$ of GDP | -4.8% |
| 2008 | 0.2039 BoP, current US$ per US$ of GDP | -3.6% |
| 2009 | 0.2187 BoP, current US$ per US$ of GDP | +7.3% |
| 2010 | 0.1992 BoP, current US$ per US$ of GDP | -8.9% |
| 2011 | 0.1814 BoP, current US$ per US$ of GDP | -9.0% |
| 2012 | 0.1861 BoP, current US$ per US$ of GDP | +2.6% |
| 2013 | 0.1931 BoP, current US$ per US$ of GDP | +3.8% |
| 2014 | 0.2124 BoP, current US$ per US$ of GDP | +10.0% |
| 2015 | 0.2044 BoP, current US$ per US$ of GDP | -3.8% |
| 2016 | 0.2159 BoP, current US$ per US$ of GDP | +5.6% |
| 2017 | 0.2228 BoP, current US$ per US$ of GDP | +3.2% |
| 2018 | 0.2272 BoP, current US$ per US$ of GDP | +2.0% |
| 2019 | 0.2571 BoP, current US$ per US$ of GDP | +13.2% |
| 2020 | 0.1333 BoP, current US$ per US$ of GDP | -48.2% |
| 2021 | 0.1829 BoP, current US$ per US$ of GDP | +37.3% |
| 2022 | 0.2404 BoP, current US$ per US$ of GDP | +31.4% |
| 2023 | 0.2462 BoP, current US$ per US$ of GDP | +2.4% |
| 2024 | 0.2388 BoP, current US$ per US$ of GDP | -3.0% |
Jamaica compared with similar countries
- Jamaica's 0.2388 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1133 BoP, current US$ per US$ of GDP, 2.1× the median. (57 countries reporting)
- Jamaica's 0.2388 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1133 BoP, current US$ per US$ of GDP, 2.1× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0996 BoP, current US$ per US$ of GDP | 0.0668 BoP, current US$ per US$ of GDP | 0.1451 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.2054 BoP, current US$ per US$ of GDP | 0.1446 BoP, current US$ per US$ of GDP | 0.2902 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2367 BoP, current US$ per US$ of GDP | 0.2015 BoP, current US$ per US$ of GDP | 0.3123 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2144 BoP, current US$ per US$ of GDP | 0.1968 BoP, current US$ per US$ of GDP | 0.2267 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.21 BoP, current US$ per US$ of GDP | 0.1814 BoP, current US$ per US$ of GDP | 0.2571 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2083 BoP, current US$ per US$ of GDP | 0.1333 BoP, current US$ per US$ of GDP | 0.2462 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Jamaica
- 40 Samoa 0.2547 BoP, current US$ per US$ of GDP compare
- 41 Netherlands 0.2538 BoP, current US$ per US$ of GDP compare
- 42 Dominica 0.2495 BoP, current US$ per US$ of GDP compare
- 44 Palau 0.2241 BoP, current US$ per US$ of GDP compare
- 45 Panama 0.2232 BoP, current US$ per US$ of GDP compare
- 46 Georgia 0.2227 BoP, current US$ per US$ of GDP 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Jamaica?
- Service exports (bop, current us$), per unit of gdp in Jamaica was 0.2388 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Jamaica?
- The highest recorded value was 0.3123 BoP, current US$ per US$ of GDP in 1992.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Jamaica?
- The lowest recorded value was 0.0668 BoP, current US$ per US$ of GDP in 1977.
- How does Jamaica rank for service exports (bop, current us$), per unit of gdp?
- Jamaica ranks 43rd out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Jamaica?
- Over the last ten years it is up 12.4%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.