Taxes less subsidies on products (current US$), annual growth rate in Jamaica

Jamaica: Taxes less subsidies on products (current US$), annual growth rate was 0.0582 % change on previous year in 2025. ◆ Volatile

Latest (2025)
0.0582 % change on previous year
Change on year
down 97.8%
World rank
165th
of 197 countries
All-time high
34.06 % change on previous year
in 1993
All-time low
-31.27 % change on previous year
in 1984
Years of data
65
1961–2025

Taxes less subsidies on products (current US$), annual growth rate in Jamaica, 1961–2025

-40-2002040196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, taxes less subsidies on products (current us$), annual growth rate in Jamaica stood at 0.0582 % change on previous year.

Compared with earlier readings it is down 97.8% on the previous year and down 99.1% over ten years.

Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Jamaica peaked at 34.06 % change on previous year in 1993 and was at its lowest, -31.27 % change on previous year, in 1984.

That places Jamaica 165th out of 197 countries with data for 2025, putting it 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 (current US$), annual growth rate in Jamaica, year by year

Annual values for Taxes less subsidies on products (current US$), annual growth rate in Jamaica, 1961 to 2025.
Year % change on previous year Change
1961 8.4 % change on previous year
1962 2.11 % change on previous year -74.8%
1963 4.37 % change on previous year +106.7%
1964 25.77 % change on previous year +490.0%
1965 6.65 % change on previous year -74.2%
1966 9.69 % change on previous year +45.6%
1967 29.34 % change on previous year +202.9%
1968 -17.26 % change on previous year -158.8%
1969 4.8 % change on previous year -127.8%
1970 11.9 % change on previous year +148.1%
1971 16.33 % change on previous year +37.3%
1972 19.68 % change on previous year +20.5%
1973 -0.7791 % change on previous year -104.0%
1974 21.86 % change on previous year -2905.6%
1975 32.91 % change on previous year +50.5%
1976 -0.8379 % change on previous year -102.5%
1977 -8.87 % change on previous year +958.9%
1978 -18.91 % change on previous year +113.2%
1979 5.47 % change on previous year -128.9%
1980 29.66 % change on previous year +442.3%
1981 32.71 % change on previous year +10.3%
1982 17.72 % change on previous year -45.8%
1983 0.0404 % change on previous year -99.8%
1984 -31.27 % change on previous year -77535.7%
1985 -0.9484 % change on previous year -97.0%
1986 33.15 % change on previous year -3595.5%
1987 23.7 % change on previous year -28.5%
1988 9.68 % change on previous year -59.2%
1989 12.84 % change on previous year +32.7%
1990 -5.36 % change on previous year -141.8%
1991 -21.43 % change on previous year +299.7%
1992 3.38 % change on previous year -115.8%
1993 34.06 % change on previous year +906.8%
1994 -5.46 % change on previous year -116.0%
1995 32.43 % change on previous year -694.1%
1996 7.11 % change on previous year -78.1%
1997 8.33 % change on previous year +17.1%
1998 13.49 % change on previous year +61.9%
1999 4.62 % change on previous year -65.7%
2000 1.17 % change on previous year -74.7%
2001 3.91 % change on previous year +233.6%
2002 3.67 % change on previous year -6.0%
2003 4.94 % change on previous year +34.4%
2004 11.85 % change on previous year +140.0%
2005 9.63 % change on previous year -18.7%
2006 8.76 % change on previous year -9.1%
2007 10.61 % change on previous year +21.1%
2008 5.1 % change on previous year -51.9%
2009 -13.62 % change on previous year -367.1%
2010 20.09 % change on previous year -247.5%
2011 7.85 % change on previous year -60.9%
2012 6.27 % change on previous year -20.1%
2013 1.28 % change on previous year -79.5%
2014 -1.68 % change on previous year -231.0%
2015 6.74 % change on previous year -500.6%
2016 4.09 % change on previous year -39.2%
2017 14.45 % change on previous year +252.9%
2018 6.38 % change on previous year -55.9%
2019 3.14 % change on previous year -50.8%
2020 -23.29 % change on previous year -842.2%
2021 12.5 % change on previous year -153.7%
2022 23.39 % change on previous year +87.1%
2023 5.74 % change on previous year -75.5%
2024 2.68 % change on previous year -53.3%
2025 0.0582 % change on previous year -97.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.21 % change on previous year -17.26 % change on previous year 29.34 % change on previous year 9
1970s 7.87 % change on previous year -18.91 % change on previous year 32.91 % change on previous year 10
1980s 12.73 % change on previous year -31.27 % change on previous year 33.15 % change on previous year 10
1990s 7.12 % change on previous year -21.43 % change on previous year 34.06 % change on previous year 10
2000s 4.6 % change on previous year -13.62 % change on previous year 11.85 % change on previous year 10
2010s 6.86 % change on previous year -1.68 % change on previous year 20.09 % change on previous year 10
2020s 3.51 % change on previous year -23.29 % change on previous year 23.39 % change on previous year 6

Countries ranked near Jamaica

  1. 162 Cayman Islands 1.4 % change on previous year compare
  2. 163 Dominican Republic 0.6392 % change on previous year compare
  3. 164 Bahamas 0.159 % change on previous year compare
  4. 166 Azerbaijan -0.0508 % change on previous year compare
  5. 167 Macau, China -0.1109 % change on previous year compare
  6. 168 Argentina -0.143 % change on previous year compare

See the full ranking of 197 places →

More economy & growth data for Jamaica

All data for Jamaica →

Frequently asked questions

What is taxes less subsidies on products (current us$), annual growth rate in Jamaica?
Taxes less subsidies on products (current us$), annual growth rate in Jamaica was 0.0582 % change on previous year in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Jamaica?
The highest recorded value was 34.06 % change on previous year in 1993.
What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Jamaica?
The lowest recorded value was -31.27 % change on previous year in 1984.
How does Jamaica rank for taxes less subsidies on products (current us$), annual growth rate?
Jamaica ranks 165th out of 197 countries with data for 2025.
Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Jamaica?
Over the last ten years it is down 99.1%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), annual growth rate in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-annual-growth-rate/jamaica/

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How this figure is calculated

The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Taxes less subsidies on products (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,063 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.