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$), annual growth rate in Jamaica, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (current us$), 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
| 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% |
Jamaica compared with similar countries
- Jamaica's 0.0582 % change on previous year is below the median for upper middle income countries, which is 7.9 % change on previous year, 1% of the median. (55 countries reporting)
- Jamaica's 0.0582 % change on previous year is below the median for Latin America & Caribbean, which is 5.38 % change on previous year, 1% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), 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 |
|---|---|---|---|
| 1984 | -77535.7% | 0.0404 % change on previous year | -31.27 % change on previous year |
| 1986 | +3595.5% | -0.9484 % change on previous year | 33.15 % change on previous year |
| 1974 | +2905.6% | -0.7791 % change on previous year | 21.86 % change on previous year |
| 1977 | -958.9% | -0.8379 % change on previous year | -8.87 % change on previous year |
| 1993 | +906.8% | 3.38 % change on previous year | 34.06 % change on previous year |
| 2020 | -842.2% | 3.14 % change on previous year | -23.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 162 Cayman Islands 1.4 % change on previous year compare
- 163 Dominican Republic 0.6392 % change on previous year compare
- 164 Bahamas 0.159 % change on previous year compare
- 166 Azerbaijan -0.0508 % change on previous year compare
- 167 Macao -0.1109 % change on previous year compare
- 168 Argentina -0.143 % 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)
- SDRs holdings, US dollar, annual growth rate -17.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 72.88 units per person (2025)
- SDRs holdings, SDR, annual growth rate -20.99 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 53.22 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.62 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.022 units per US$ of GDP (2025)
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$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.