Taxes less subsidies on products (constant LCU), annual growth rate in Jamaica
Jamaica: Taxes less subsidies on products (constant LCU), annual growth rate was 0.0816 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Jamaica, 1967–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), annual growth rate in Jamaica is 0.0816 % change on previous year, measured in 2025.
That represents a change of up 115.3% on the previous year and down 93.6% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Jamaica peaked at 17.56 % change on previous year in 1967 and was at its lowest, -23.47 % change on previous year, in 1993.
Jamaica ranks 161st of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1967 | 17.56 % change on previous year | — |
| 1968 | -3.44 % change on previous year | -119.6% |
| 1969 | 2.26 % change on previous year | -165.8% |
| 1970 | 8.27 % change on previous year | +265.3% |
| 1971 | 6.55 % change on previous year | -20.8% |
| 1972 | 16.66 % change on previous year | +154.4% |
| 1973 | -6.97 % change on previous year | -141.9% |
| 1974 | -5.62 % change on previous year | -19.4% |
| 1975 | 6.47 % change on previous year | -215.1% |
| 1976 | -9.44 % change on previous year | -245.9% |
| 1977 | -13.47 % change on previous year | +42.7% |
| 1978 | -0.2759 % change on previous year | -98.0% |
| 1979 | 8.15 % change on previous year | -3053.0% |
| 1980 | 4.96 % change on previous year | -39.1% |
| 1981 | 16.3 % change on previous year | +228.7% |
| 1982 | 6.86 % change on previous year | -57.9% |
| 1983 | -4.82 % change on previous year | -170.3% |
| 1984 | 1.85 % change on previous year | -138.3% |
| 1985 | 5.49 % change on previous year | +197.1% |
| 1986 | 3.04 % change on previous year | -44.5% |
| 1987 | 10.82 % change on previous year | +255.5% |
| 1988 | -0.6271 % change on previous year | -105.8% |
| 1989 | 5.63 % change on previous year | -997.5% |
| 1990 | -2.95 % change on previous year | -152.4% |
| 1991 | -4.38 % change on previous year | +48.7% |
| 1992 | 16.25 % change on previous year | -470.9% |
| 1993 | -23.47 % change on previous year | -244.4% |
| 1994 | 1.86 % change on previous year | -107.9% |
| 1995 | 3.04 % change on previous year | +63.3% |
| 1996 | 4.51 % change on previous year | +48.6% |
| 1997 | -1.64 % change on previous year | -136.4% |
| 1998 | -1.21 % change on previous year | -26.3% |
| 1999 | 0.981 % change on previous year | -181.1% |
| 2000 | 0.7765 % change on previous year | -20.9% |
| 2001 | 1.28 % change on previous year | +64.8% |
| 2002 | 0.6749 % change on previous year | -47.2% |
| 2003 | 3.67 % change on previous year | +443.6% |
| 2004 | 1.32 % change on previous year | -63.9% |
| 2005 | 0.893 % change on previous year | -32.5% |
| 2006 | 2.9 % change on previous year | +224.7% |
| 2007 | 1.44 % change on previous year | -50.2% |
| 2008 | -0.7722 % change on previous year | -153.5% |
| 2009 | -10.4 % change on previous year | +1246.6% |
| 2010 | -1.61 % change on previous year | -84.5% |
| 2011 | 3.86 % change on previous year | -339.9% |
| 2012 | -1.38 % change on previous year | -135.9% |
| 2013 | 2.54 % change on previous year | -283.7% |
| 2014 | 1.47 % change on previous year | -42.4% |
| 2015 | 1.27 % change on previous year | -13.3% |
| 2016 | 2.76 % change on previous year | +117.2% |
| 2017 | 2.29 % change on previous year | -16.9% |
| 2018 | 2.52 % change on previous year | +9.7% |
| 2019 | 1.81 % change on previous year | -28.1% |
| 2020 | -8.3 % change on previous year | -559.0% |
| 2021 | 5.7 % change on previous year | -168.7% |
| 2022 | 6.44 % change on previous year | +12.9% |
| 2023 | 2.75 % change on previous year | -57.4% |
| 2024 | -0.5348 % change on previous year | -119.5% |
| 2025 | 0.0816 % change on previous year | -115.3% |
Jamaica compared with similar countries
- Jamaica's 0.0816 % change on previous year is below the median for upper middle income countries, which is 4.16 % change on previous year, 2% of the median. (54 countries reporting)
- Jamaica's 0.0816 % change on previous year is below the median for Latin America & Caribbean, which is 2.7 % change on previous year, 3% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), annual growth rate in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +3053.0% | -0.2759 % change on previous year | 8.15 % change on previous year |
| 2009 | -1246.6% | -0.7722 % change on previous year | -10.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.46 % change on previous year | -3.44 % change on previous year | 17.56 % change on previous year | 3 |
| 1970s | 1.03 % change on previous year | -13.47 % change on previous year | 16.66 % change on previous year | 10 |
| 1980s | 4.95 % change on previous year | -4.82 % change on previous year | 16.3 % change on previous year | 10 |
| 1990s | -0.701 % change on previous year | -23.47 % change on previous year | 16.25 % change on previous year | 10 |
| 2000s | 0.1788 % change on previous year | -10.4 % change on previous year | 3.67 % change on previous year | 10 |
| 2010s | 1.55 % change on previous year | -1.61 % change on previous year | 3.86 % change on previous year | 10 |
| 2020s | 1.02 % change on previous year | -8.3 % change on previous year | 6.44 % change on previous year | 6 |
Countries ranked near Jamaica
- 158 Mozambique 0.3208 % change on previous year compare
- 159 Tajikistan 0.3004 % change on previous year compare
- 160 Mongolia 0.2917 % change on previous year compare
- 162 Burkina Faso 0 % change on previous year compare
- 163 Finland -0.035 % change on previous year compare
- 164 Belize -0.1099 % change on previous year 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 taxes less subsidies on products (constant lcu), annual growth rate in Jamaica?
- Taxes less subsidies on products (constant lcu), annual growth rate in Jamaica was 0.0816 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Jamaica?
- The highest recorded value was 17.56 % change on previous year in 1967.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Jamaica?
- The lowest recorded value was -23.47 % change on previous year in 1993.
- How does Jamaica rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Jamaica ranks 161st out of 188 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Jamaica?
- Over the last ten years it is down 93.6%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.