Short-term debt in Jamaica
Jamaica: Short-term debt was 42.6% in 2024. ◆ Volatile
Short-term debt in Jamaica, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Jamaica is 42.6%, measured in 2024.
The figure is down 21.3% on the previous year and down 31.1% over ten years.
Over the whole period, short-term debt in Jamaica peaked at 453.5% in 1983 and was at its lowest, 0.0%, in 1971.
Jamaica ranks 35th of 112 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.
Short-term debt in Jamaica, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | -100.0% |
| 1972 | 0.0% | — |
| 1973 | 0.3% | — |
| 1974 | 0.3% | -11.3% |
| 1975 | 0.0% | -100.0% |
| 1976 | 0.0% | — |
| 1977 | 207.5% | — |
| 1978 | 136.0% | -34.4% |
| 1979 | 152.3% | +12.0% |
| 1980 | 93.3% | -38.7% |
| 1981 | 109.8% | +17.7% |
| 1982 | 94.8% | -13.7% |
| 1983 | 453.5% | +378.6% |
| 1984 | 259.4% | -42.8% |
| 1985 | 117.5% | -54.7% |
| 1986 | 191.6% | +63.0% |
| 1987 | 136.1% | -28.9% |
| 1988 | 200.4% | +47.2% |
| 1989 | 363.9% | +81.6% |
| 1990 | 205.8% | -43.4% |
| 1991 | 264.6% | +28.6% |
| 1992 | 95.6% | -63.9% |
| 1993 | 68.9% | -28.0% |
| 1994 | 65.5% | -4.9% |
| 1995 | 72.0% | +10.1% |
| 1996 | 65.2% | -9.5% |
| 1997 | 100.3% | +53.8% |
| 1998 | 88.8% | -11.5% |
| 1999 | 141.3% | +59.1% |
| 2000 | 75.2% | -46.8% |
| 2001 | 48.9% | -34.9% |
| 2002 | 47.4% | -3.1% |
| 2003 | 82.7% | +74.3% |
| 2004 | 59.4% | -28.1% |
| 2005 | 28.4% | -52.3% |
| 2006 | 47.3% | +67.0% |
| 2007 | 81.6% | +72.4% |
| 2008 | 71.0% | -13.0% |
| 2009 | 36.0% | -49.3% |
| 2010 | 43.5% | +20.8% |
| 2011 | 43.2% | -0.6% |
| 2012 | 88.4% | +104.3% |
| 2013 | 79.1% | -10.4% |
| 2014 | 61.8% | -21.9% |
| 2015 | 51.4% | -16.7% |
| 2016 | 50.1% | -2.7% |
| 2017 | 47.1% | -6.0% |
| 2018 | 62.0% | +31.7% |
| 2019 | 62.1% | +0.1% |
| 2020 | 53.7% | -13.4% |
| 2021 | 46.5% | -13.5% |
| 2022 | 48.7% | +4.9% |
| 2023 | 54.1% | +11.1% |
| 2024 | 42.6% | -21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 49.6% | 0.0% | 207.5% | 10 |
| 1980s | 202.0% | 93.3% | 453.5% | 10 |
| 1990s | 116.8% | 65.2% | 264.6% | 10 |
| 2000s | 57.8% | 28.4% | 82.7% | 10 |
| 2010s | 58.9% | 43.2% | 88.4% | 10 |
| 2020s | 49.1% | 42.6% | 54.1% | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0769 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 615.69 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 12.24 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 97,953 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0612 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 489.66 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 57,275 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.93 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Jamaica?
- Short-term debt in Jamaica was 42.6% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Jamaica?
- The highest recorded value was 453.5% in 1983.
- What is the lowest short-term debt recorded in Jamaica?
- The lowest recorded value was 0.0% in 1971.
- How does Jamaica rank for short-term debt?
- Jamaica ranks 35th out of 112 countries with data for 2024.
- Is short-term debt rising or falling in Jamaica?
- Over the last ten years it is down 31.1%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.