Services, value added in Jamaica
Jamaica: Services, value added was 2.16 trillion current LCU in 2025. ◆ Volatile
Services, value added in Jamaica, 1993–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Jamaica recorded 2.16 trillion current LCU for services, value added in 2025. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 100.1% over ten years.
Over the whole period, services, value added in Jamaica peaked at 2.16 trillion current LCU in 2025 and was at its lowest, 77.57 billion current LCU, in 1993.
Jamaica ranks 78th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Jamaica, year by year
| Year | current LCU | Change |
|---|---|---|
| 1993 | 77.57 billion current LCU | — |
| 1994 | 105.48 billion current LCU | +36.0% |
| 1995 | 132.34 billion current LCU | +25.5% |
| 1996 | 166.20 billion current LCU | +25.6% |
| 1997 | 183.63 billion current LCU | +10.5% |
| 1998 | 200.80 billion current LCU | +9.4% |
| 1999 | 219.84 billion current LCU | +9.5% |
| 2000 | 247.26 billion current LCU | +12.5% |
| 2001 | 270.16 billion current LCU | +9.3% |
| 2002 | 309.37 billion current LCU | +14.5% |
| 2003 | 357.29 billion current LCU | +15.5% |
| 2004 | 400.01 billion current LCU | +12.0% |
| 2005 | 451.44 billion current LCU | +12.9% |
| 2006 | 507.14 billion current LCU | +12.3% |
| 2007 | 573.45 billion current LCU | +13.1% |
| 2008 | 662.96 billion current LCU | +15.6% |
| 2009 | 725.90 billion current LCU | +9.5% |
| 2010 | 767.08 billion current LCU | +5.7% |
| 2011 | 817.20 billion current LCU | +6.5% |
| 2012 | 860.05 billion current LCU | +5.2% |
| 2013 | 920.43 billion current LCU | +7.0% |
| 2014 | 981.22 billion current LCU | +6.6% |
| 2015 | 1.08 trillion current LCU | +10.1% |
| 2016 | 1.14 trillion current LCU | +5.1% |
| 2017 | 1.20 trillion current LCU | +6.0% |
| 2018 | 1.28 trillion current LCU | +6.7% |
| 2019 | 1.35 trillion current LCU | +5.3% |
| 2020 | 1.26 trillion current LCU | -6.8% |
| 2021 | 1.40 trillion current LCU | +11.4% |
| 2022 | 1.70 trillion current LCU | +21.1% |
| 2023 | 1.98 trillion current LCU | +16.2% |
| 2024 | 2.06 trillion current LCU | +4.4% |
| 2025 | 2.16 trillion current LCU | +4.7% |
Jamaica compared with similar countries
- Jamaica's 2.16 trillion current LCU is above the median for upper middle income countries, which is 591.41 billion current LCU, 3.7× the median. (58 countries reporting)
- Jamaica's 2.16 trillion current LCU is above the median for Latin America & Caribbean, which is 74.52 billion current LCU, 29.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 155.12 billion current LCU | 77.57 billion current LCU | 219.84 billion current LCU | 7 |
| 2000s | 450.50 billion current LCU | 247.26 billion current LCU | 725.90 billion current LCU | 10 |
| 2010s | 1.04 trillion current LCU | 767.08 billion current LCU | 1.35 trillion current LCU | 10 |
| 2020s | 1.76 trillion current LCU | 1.26 trillion current LCU | 2.16 trillion current LCU | 6 |
Countries ranked near Jamaica
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 services, value added in Jamaica?
- Services, value added in Jamaica was 2.16 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Jamaica?
- The highest recorded value was 2.16 trillion current LCU in 2025.
- What is the lowest services, value added recorded in Jamaica?
- The lowest recorded value was 77.57 billion current LCU in 1993.
- How does Jamaica rank for services, value added?
- Jamaica ranks 78th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Jamaica?
- Over the last ten years it is up 100.1%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.