Services, value added in Jamaica
Jamaica: Services, value added was 13.59 billion current US$ in 2025. ▲ Rising
Services, value added in Jamaica, 1993–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Jamaica recorded 13.59 billion current US$ for services, value added in 2025. That is the highest value across all 33 years on record.
The figure is up 2.9% on the previous year and up 47.1% over ten years.
Over the whole period, services, value added in Jamaica peaked at 13.59 billion current US$ in 2025 and was at its lowest, 3.11 billion current US$, in 1993.
That places Jamaica 116th out of 206 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Services, value added in Jamaica, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | 3.11 billion current US$ | — |
| 1994 | 3.19 billion current US$ | +2.5% |
| 1995 | 3.77 billion current US$ | +18.1% |
| 1996 | 4.48 billion current US$ | +18.9% |
| 1997 | 5.19 billion current US$ | +15.8% |
| 1998 | 5.49 billion current US$ | +5.9% |
| 1999 | 5.63 billion current US$ | +2.5% |
| 2000 | 5.75 billion current US$ | +2.2% |
| 2001 | 5.87 billion current US$ | +2.1% |
| 2002 | 6.39 billion current US$ | +8.8% |
| 2003 | 6.19 billion current US$ | -3.2% |
| 2004 | 6.54 billion current US$ | +5.6% |
| 2005 | 7.25 billion current US$ | +10.9% |
| 2006 | 7.71 billion current US$ | +6.4% |
| 2007 | 8.29 billion current US$ | +7.4% |
| 2008 | 9.11 billion current US$ | +9.9% |
| 2009 | 8.26 billion current US$ | -9.4% |
| 2010 | 8.80 billion current US$ | +6.5% |
| 2011 | 9.51 billion current US$ | +8.1% |
| 2012 | 9.69 billion current US$ | +1.9% |
| 2013 | 9.17 billion current US$ | -5.4% |
| 2014 | 8.85 billion current US$ | -3.5% |
| 2015 | 9.24 billion current US$ | +4.4% |
| 2016 | 9.08 billion current US$ | -1.7% |
| 2017 | 9.41 billion current US$ | +3.7% |
| 2018 | 9.97 billion current US$ | +5.9% |
| 2019 | 10.14 billion current US$ | +1.8% |
| 2020 | 8.85 billion current US$ | -12.7% |
| 2021 | 9.31 billion current US$ | +5.2% |
| 2022 | 11.09 billion current US$ | +19.1% |
| 2023 | 12.83 billion current US$ | +15.7% |
| 2024 | 13.20 billion current US$ | +2.9% |
| 2025 | 13.59 billion current US$ | +2.9% |
Jamaica compared with similar countries
- Jamaica's 13.59 billion current US$ is below the median for upper middle income countries, which is 24.02 billion current US$, 57% of the median. (58 countries reporting)
- Jamaica's 13.59 billion current US$ is below the median for Latin America & Caribbean, which is 15.17 billion current US$, 90% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.41 billion current US$ | 3.11 billion current US$ | 5.63 billion current US$ | 7 |
| 2000s | 7.14 billion current US$ | 5.75 billion current US$ | 9.11 billion current US$ | 10 |
| 2010s | 9.39 billion current US$ | 8.80 billion current US$ | 10.14 billion current US$ | 10 |
| 2020s | 11.48 billion current US$ | 8.85 billion current US$ | 13.59 billion current US$ | 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Jamaica?
- Services, value added in Jamaica was 13.59 billion current US$ 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 13.59 billion current US$ in 2025.
- What is the lowest services, value added recorded in Jamaica?
- The lowest recorded value was 3.11 billion current US$ in 1993.
- How does Jamaica rank for services, value added?
- Jamaica ranks 116th 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 47.1%. The long-run trend across the full record is rising.
- 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 US$). 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 indicator is expressed in United States dollars.