Taxes less subsidies on products (current LCU), per unit of GDP in Jamaica
Jamaica: Taxes less subsidies on products (current LCU), per unit of GDP was 24.07 current LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
24.07 current LCU per US$ of GDP
Change on year
down 1.3%
World rank
39th
of 197 countries
All-time high
25.79 current LCU per US$ of GDP
in 2022
All-time low
0.0549 current LCU per US$ of GDP
in 1963
Years of data
66
1960–2025
Taxes less subsidies on products (current LCU), per unit of GDP in Jamaica, 1960–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), per unit of gdp in Jamaica is 24.07 current LCU per US$ of GDP, measured in 2025.
The figure is down 1.3% on the previous year and up 35.5% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Jamaica peaked at 25.79 current LCU per US$ of GDP in 2022 and was at its lowest, 0.0549 current LCU per US$ of GDP, in 1963.
Jamaica ranks 39th of 197 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 (current LCU), per unit of GDP in Jamaica, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0562 current LCU per US$ of GDP | — |
| 1961 | 0.0569 current LCU per US$ of GDP | +1.3% |
| 1962 | 0.0559 current LCU per US$ of GDP | -1.8% |
| 1963 | 0.0549 current LCU per US$ of GDP | -1.8% |
| 1964 | 0.0636 current LCU per US$ of GDP | +15.8% |
| 1965 | 0.0626 current LCU per US$ of GDP | -1.5% |
| 1966 | 0.0609 current LCU per US$ of GDP | -2.8% |
| 1967 | 0.0763 current LCU per US$ of GDP | +25.3% |
| 1968 | 0.0769 current LCU per US$ of GDP | +0.8% |
| 1969 | 0.0734 current LCU per US$ of GDP | -4.7% |
| 1970 | 0.0696 current LCU per US$ of GDP | -5.1% |
| 1971 | 0.0738 current LCU per US$ of GDP | +6.1% |
| 1972 | 0.0669 current LCU per US$ of GDP | -9.4% |
| 1973 | 0.0768 current LCU per US$ of GDP | +14.8% |
| 1974 | 0.0756 current LCU per US$ of GDP | -1.5% |
| 1975 | 0.0834 current LCU per US$ of GDP | +10.4% |
| 1976 | 0.0798 current LCU per US$ of GDP | -4.4% |
| 1977 | 0.0664 current LCU per US$ of GDP | -16.8% |
| 1978 | 0.1028 current LCU per US$ of GDP | +54.9% |
| 1979 | 0.1477 current LCU per US$ of GDP | +43.6% |
| 1980 | 0.1749 current LCU per US$ of GDP | +18.5% |
| 1981 | 0.2088 current LCU per US$ of GDP | +19.4% |
| 1982 | 0.2223 current LCU per US$ of GDP | +6.5% |
| 1983 | 0.2195 current LCU per US$ of GDP | -1.3% |
| 1984 | 0.4694 current LCU per US$ of GDP | +113.8% |
| 1985 | 0.7408 current LCU per US$ of GDP | +57.8% |
| 1986 | 0.7412 current LCU per US$ of GDP | +0.0% |
| 1987 | 0.7696 current LCU per US$ of GDP | +3.8% |
| 1988 | 0.7249 current LCU per US$ of GDP | -5.8% |
| 1989 | 0.7441 current LCU per US$ of GDP | +2.6% |
| 1990 | 0.8448 current LCU per US$ of GDP | +13.5% |
| 1991 | 1.25 current LCU per US$ of GDP | +48.2% |
| 1992 | 2.85 current LCU per US$ of GDP | +127.5% |
| 1993 | 2.7 current LCU per US$ of GDP | -5.3% |
| 1994 | 3.37 current LCU per US$ of GDP | +25.1% |
| 1995 | 3.93 current LCU per US$ of GDP | +16.6% |
| 1996 | 3.96 current LCU per US$ of GDP | +0.6% |
| 1997 | 3.6 current LCU per US$ of GDP | -9.1% |
| 1998 | 4.03 current LCU per US$ of GDP | +12.0% |
| 1999 | 4.46 current LCU per US$ of GDP | +10.5% |
| 2000 | 4.9 current LCU per US$ of GDP | +9.9% |
| 2001 | 5.33 current LCU per US$ of GDP | +8.9% |
| 2002 | 5.51 current LCU per US$ of GDP | +3.2% |
| 2003 | 7.1 current LCU per US$ of GDP | +29.0% |
| 2004 | 7.8 current LCU per US$ of GDP | +9.9% |
| 2005 | 7.88 current LCU per US$ of GDP | +1.0% |
| 2006 | 8.52 current LCU per US$ of GDP | +8.2% |
| 2007 | 9.25 current LCU per US$ of GDP | +8.5% |
| 2008 | 9.54 current LCU per US$ of GDP | +3.2% |
| 2009 | 11.26 current LCU per US$ of GDP | +18.0% |
| 2010 | 12.3 current LCU per US$ of GDP | +9.2% |
| 2011 | 11.96 current LCU per US$ of GDP | -2.8% |
| 2012 | 12.81 current LCU per US$ of GDP | +7.1% |
| 2013 | 15.24 current LCU per US$ of GDP | +18.9% |
| 2014 | 16.99 current LCU per US$ of GDP | +11.5% |
| 2015 | 17.76 current LCU per US$ of GDP | +4.5% |
| 2016 | 19.86 current LCU per US$ of GDP | +11.8% |
| 2017 | 21.95 current LCU per US$ of GDP | +10.5% |
| 2018 | 22.02 current LCU per US$ of GDP | +0.3% |
| 2019 | 23.25 current LCU per US$ of GDP | +5.6% |
| 2020 | 21.63 current LCU per US$ of GDP | -7.0% |
| 2021 | 24.21 current LCU per US$ of GDP | +11.9% |
| 2022 | 25.79 current LCU per US$ of GDP | +6.5% |
| 2023 | 24.07 current LCU per US$ of GDP | -6.7% |
| 2024 | 24.4 current LCU per US$ of GDP | +1.4% |
| 2025 | 24.07 current LCU per US$ of GDP | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0638 current LCU per US$ of GDP | 0.0549 current LCU per US$ of GDP | 0.0769 current LCU per US$ of GDP | 10 |
| 1970s | 0.0843 current LCU per US$ of GDP | 0.0664 current LCU per US$ of GDP | 0.1477 current LCU per US$ of GDP | 10 |
| 1980s | 0.5016 current LCU per US$ of GDP | 0.1749 current LCU per US$ of GDP | 0.7696 current LCU per US$ of GDP | 10 |
| 1990s | 3.1 current LCU per US$ of GDP | 0.8448 current LCU per US$ of GDP | 4.46 current LCU per US$ of GDP | 10 |
| 2000s | 7.71 current LCU per US$ of GDP | 4.9 current LCU per US$ of GDP | 11.26 current LCU per US$ of GDP | 10 |
| 2010s | 17.41 current LCU per US$ of GDP | 11.96 current LCU per US$ of GDP | 23.25 current LCU per US$ of GDP | 10 |
| 2020s | 24.03 current LCU per US$ of GDP | 21.63 current LCU per US$ of GDP | 25.79 current LCU per US$ of GDP | 6 |
Countries ranked near Jamaica
- 36 Kazakhstan 32.34 current LCU per US$ of GDP compare
- 37 Congo 31.42 current LCU per US$ of GDP compare
- 38 Guinea-Bissau 26.51 current LCU per US$ of GDP compare
- 40 Comoros 22.96 current LCU per US$ of GDP compare
- 41 Gabon 21.64 current LCU per US$ of GDP compare
- 42 Yemen 21.44 current 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Jamaica?
- Taxes less subsidies on products (current lcu), per unit of gdp in Jamaica was 24.07 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Jamaica?
- The highest recorded value was 25.79 current LCU per US$ of GDP in 2022.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Jamaica?
- The lowest recorded value was 0.0549 current LCU per US$ of GDP in 1963.
- How does Jamaica rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Jamaica ranks 39th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Jamaica?
- Over the last ten years it is up 35.5%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.