Tax revenue as a proportion of GDP in Jamaica
Jamaica: Tax revenue as a proportion of GDP was 23.7% in 2020. ▲ Rising
Latest (2020)
23.7%
Change on year
down 7.3%
World rank
23rd
of 164 countries
All-time high
25.5%
in 2019
All-time low
21.4%
in 2001
Years of data
21
2000–2020
Tax revenue as a proportion of GDP in Jamaica, 2000–2020
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Jamaica recorded 23.7% for tax revenue as a proportion of gdp in 2020.
The figure is down 7.3% on the previous year and down 2.5% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Jamaica peaked at 25.5% in 2019 and was at its lowest, 21.4%, in 2001.
Jamaica ranks 23rd of 164 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Tax revenue as a proportion of GDP in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 22.5% | — |
| 2001 | 21.4% | -4.8% |
| 2002 | 21.9% | +2.1% |
| 2003 | 24.1% | +10.1% |
| 2004 | 24.2% | +0.4% |
| 2005 | 23.2% | -3.9% |
| 2006 | 24.0% | +3.4% |
| 2007 | 24.8% | +3.2% |
| 2008 | 24.7% | -0.4% |
| 2009 | 25.0% | +1.1% |
| 2010 | 24.3% | -2.7% |
| 2011 | 23.4% | -3.8% |
| 2012 | 24.3% | +4.1% |
| 2013 | 24.0% | -1.3% |
| 2014 | 24.1% | +0.2% |
| 2015 | 23.5% | -2.2% |
| 2016 | 24.6% | +4.5% |
| 2017 | 24.6% | +0.0% |
| 2018 | 25.0% | +1.6% |
| 2019 | 25.5% | +2.1% |
| 2020 | 23.7% | -7.3% |
Jamaica compared with similar countries
- Jamaica's 23.7% is above the median for upper middle income countries, which is 17.2%, 1.4× the median. (45 countries reporting)
- Jamaica's 23.7% is above the median for Latin America & Caribbean, which is 15.7%, 1.5× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.6% | 21.4% | 25.0% | 10 |
| 2010s | 24.3% | 23.4% | 25.5% | 10 |
| 2020s | 23.7% | 23.7% | 23.7% | 1 |
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 tax revenue as a proportion of gdp in Jamaica?
- Tax revenue as a proportion of gdp in Jamaica was 23.7% in 2020, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Jamaica?
- The highest recorded value was 25.5% in 2019.
- What is the lowest tax revenue as a proportion of gdp recorded in Jamaica?
- The lowest recorded value was 21.4% in 2001.
- How does Jamaica rank for tax revenue as a proportion of gdp?
- Jamaica ranks 23rd out of 164 countries with data for 2020.
- Is tax revenue as a proportion of gdp rising or falling in Jamaica?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under UN SDG Global Database (open, attribution requested).