Taxes less subsidies on products (constant LCU), per unit of GDP in Jamaica
Jamaica: Taxes less subsidies on products (constant LCU), per unit of GDP was 13.55 constant LCU per US$ of GDP in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), per unit of GDP in Jamaica, 1966–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in Jamaica is 13.55 constant LCU per US$ of GDP, measured in 2025. That is the lowest value across all 60 years on record.
The figure is down 3.0% on the previous year and down 23.7% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Jamaica peaked at 147.92 constant LCU per US$ of GDP in 1968 and was at its lowest, 13.55 constant LCU per US$ of GDP, in 2025.
Jamaica ranks 40th of 189 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), per unit of GDP in Jamaica, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1966 | 128.78 constant LCU per US$ of GDP | — |
| 1967 | 144.63 constant LCU per US$ of GDP | +12.3% |
| 1968 | 147.92 constant LCU per US$ of GDP | +2.3% |
| 1969 | 137.63 constant LCU per US$ of GDP | -7.0% |
| 1970 | 126.36 constant LCU per US$ of GDP | -8.2% |
| 1971 | 122.82 constant LCU per US$ of GDP | -2.8% |
| 1972 | 117.66 constant LCU per US$ of GDP | -4.2% |
| 1973 | 107.69 constant LCU per US$ of GDP | -8.5% |
| 1974 | 81.56 constant LCU per US$ of GDP | -24.3% |
| 1975 | 72.1 constant LCU per US$ of GDP | -11.6% |
| 1976 | 62.97 constant LCU per US$ of GDP | -12.7% |
| 1977 | 49.74 constant LCU per US$ of GDP | -21.0% |
| 1978 | 60.95 constant LCU per US$ of GDP | +22.5% |
| 1979 | 71.88 constant LCU per US$ of GDP | +17.9% |
| 1980 | 68.29 constant LCU per US$ of GDP | -5.0% |
| 1981 | 71.43 constant LCU per US$ of GDP | +4.6% |
| 1982 | 69.04 constant LCU per US$ of GDP | -3.3% |
| 1983 | 59.8 constant LCU per US$ of GDP | -13.4% |
| 1984 | 92.86 constant LCU per US$ of GDP | +55.3% |
| 1985 | 110.71 constant LCU per US$ of GDP | +19.2% |
| 1986 | 86.98 constant LCU per US$ of GDP | -21.4% |
| 1987 | 80.78 constant LCU per US$ of GDP | -7.1% |
| 1988 | 68.92 constant LCU per US$ of GDP | -14.7% |
| 1989 | 63.27 constant LCU per US$ of GDP | -8.2% |
| 1990 | 58.9 constant LCU per US$ of GDP | -6.9% |
| 1991 | 62.99 constant LCU per US$ of GDP | +6.9% |
| 1992 | 85.04 constant LCU per US$ of GDP | +35.0% |
| 1993 | 42.3 constant LCU per US$ of GDP | -50.3% |
| 1994 | 42.98 constant LCU per US$ of GDP | +1.6% |
| 1995 | 36.72 constant LCU per US$ of GDP | -14.6% |
| 1996 | 34.14 constant LCU per US$ of GDP | -7.0% |
| 1997 | 29.55 constant LCU per US$ of GDP | -13.4% |
| 1998 | 27.91 constant LCU per US$ of GDP | -5.6% |
| 1999 | 27.87 constant LCU per US$ of GDP | -0.2% |
| 2000 | 27.72 constant LCU per US$ of GDP | -0.5% |
| 2001 | 27.49 constant LCU per US$ of GDP | -0.8% |
| 2002 | 26.18 constant LCU per US$ of GDP | -4.8% |
| 2003 | 27.98 constant LCU per US$ of GDP | +6.8% |
| 2004 | 26.27 constant LCU per US$ of GDP | -6.1% |
| 2005 | 23.99 constant LCU per US$ of GDP | -8.7% |
| 2006 | 23.26 constant LCU per US$ of GDP | -3.0% |
| 2007 | 21.99 constant LCU per US$ of GDP | -5.4% |
| 2008 | 20.38 constant LCU per US$ of GDP | -7.4% |
| 2009 | 20.65 constant LCU per US$ of GDP | +1.3% |
| 2010 | 18.63 constant LCU per US$ of GDP | -9.8% |
| 2011 | 17.71 constant LCU per US$ of GDP | -4.9% |
| 2012 | 17.03 constant LCU per US$ of GDP | -3.8% |
| 2013 | 18.13 constant LCU per US$ of GDP | +6.4% |
| 2014 | 18.88 constant LCU per US$ of GDP | +4.1% |
| 2015 | 17.76 constant LCU per US$ of GDP | -5.9% |
| 2016 | 18.33 constant LCU per US$ of GDP | +3.2% |
| 2017 | 17.7 constant LCU per US$ of GDP | -3.4% |
| 2018 | 16.99 constant LCU per US$ of GDP | -4.0% |
| 2019 | 17.13 constant LCU per US$ of GDP | +0.8% |
| 2020 | 17.82 constant LCU per US$ of GDP | +4.1% |
| 2021 | 17.7 constant LCU per US$ of GDP | -0.7% |
| 2022 | 15.99 constant LCU per US$ of GDP | -9.7% |
| 2023 | 14.43 constant LCU per US$ of GDP | -9.8% |
| 2024 | 13.96 constant LCU per US$ of GDP | -3.2% |
| 2025 | 13.55 constant LCU per US$ of GDP | -3.0% |
Jamaica compared with similar countries
- Jamaica's 13.55 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 38.4× the median. (54 countries reporting)
- Jamaica's 13.55 constant LCU per US$ of GDP is above the median for Latin America & Caribbean, which is 0.3169 constant LCU per US$ of GDP, 42.8× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), per unit of GDP 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 |
|---|---|---|---|
| 1984 | +55.3% | 59.8 constant LCU per US$ of GDP | 92.86 constant LCU per US$ of GDP |
| 1993 | -50.3% | 85.04 constant LCU per US$ of GDP | 42.3 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 139.74 constant LCU per US$ of GDP | 128.78 constant LCU per US$ of GDP | 147.92 constant LCU per US$ of GDP | 4 |
| 1970s | 87.37 constant LCU per US$ of GDP | 49.74 constant LCU per US$ of GDP | 126.36 constant LCU per US$ of GDP | 10 |
| 1980s | 77.21 constant LCU per US$ of GDP | 59.8 constant LCU per US$ of GDP | 110.71 constant LCU per US$ of GDP | 10 |
| 1990s | 44.84 constant LCU per US$ of GDP | 27.87 constant LCU per US$ of GDP | 85.04 constant LCU per US$ of GDP | 10 |
| 2000s | 24.59 constant LCU per US$ of GDP | 20.38 constant LCU per US$ of GDP | 27.98 constant LCU per US$ of GDP | 10 |
| 2010s | 17.83 constant LCU per US$ of GDP | 16.99 constant LCU per US$ of GDP | 18.88 constant LCU per US$ of GDP | 10 |
| 2020s | 15.58 constant LCU per US$ of GDP | 13.55 constant LCU per US$ of GDP | 17.82 constant LCU per US$ of GDP | 6 |
Countries ranked near Jamaica
- 37 Nigeria 17.08 constant LCU per US$ of GDP compare
- 38 Cape Verde 15.95 constant LCU per US$ of GDP compare
- 39 Democratic Republic of Congo 13.64 constant LCU per US$ of GDP compare
- 41 Vanuatu 12.19 constant LCU per US$ of GDP compare
- 42 Serbia 11.7 constant LCU per US$ of GDP compare
- 43 Albania 9.66 constant LCU per US$ of GDP 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Jamaica?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Jamaica was 13.55 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Jamaica?
- The highest recorded value was 147.92 constant LCU per US$ of GDP in 1968.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Jamaica?
- The lowest recorded value was 13.55 constant LCU per US$ of GDP in 2025.
- How does Jamaica rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Jamaica ranks 40th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Jamaica?
- Over the last ten years it is down 23.7%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.