How does Jamaica rank for taxes less subsidies on products (current us$), per unit of gdp?

Jamaica ranks 16th out of 197 countries with data for 2025.

Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Jamaica?

Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.

Taxes less subsidies on products (current US$), per unit of GDP (unit) in Jamaica

Name: Taxes less subsidies on products (current US$), per unit of GDP (unit) in Jamaica
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Jamaica: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.1513 current US$ per US$ of GDP in 2025. ▲ Rising

Latest (2025)

0.1513 current US$ per US$ of GDP

Change on year

down 3.0%

World rank

16th

of 197 countries

All-time high

0.1744 current US$ per US$ of GDP

in 2019

All-time low

0.0728 current US$ per US$ of GDP

in 1978

Years of data

1960–2025

Taxes less subsidies on products (current US$), per unit of GDP in Jamaica, 1960–2025

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

The most recent figure for taxes less subsidies on products (current us$), per unit of gdp in Jamaica is 0.1513 current US$ per US$ of GDP, measured in 2025.

That represents a change of down 3.0% on the previous year and down 0.3% over ten years.

Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Jamaica peaked at 0.1744 current US$ per US$ of GDP in 2019 and was at its lowest, 0.0728 current US$ per US$ of GDP, in 1978.

That places Jamaica 16th out of 197 countries with data for 2025, putting it in the top 10%.

The long-run direction has been consistently rising across the 66 years of available data.

Taxes less subsidies on products (current US$), per unit of GDP (unit) in Jamaica, year by year

Annual values for Taxes less subsidies on products (current US$), per unit of GDP in Jamaica, 1960 to 2025.
Year	current US$ per US$ of GDP	Change
1960	0.0787 current US$ per US$ of GDP	—
1961	0.0797 current US$ per US$ of GDP	+1.3%
1962	0.0783 current US$ per US$ of GDP	-1.8%
1963	0.0769 current US$ per US$ of GDP	-1.8%
1964	0.089 current US$ per US$ of GDP	+15.8%
1965	0.0877 current US$ per US$ of GDP	-1.5%
1966	0.0853 current US$ per US$ of GDP	-2.8%
1967	0.1054 current US$ per US$ of GDP	+23.6%
1968	0.0923 current US$ per US$ of GDP	-12.4%
1969	0.088 current US$ per US$ of GDP	-4.7%
1970	0.0835 current US$ per US$ of GDP	-5.1%
1971	0.0887 current US$ per US$ of GDP	+6.1%
1972	0.0871 current US$ per US$ of GDP	-1.7%
1973	0.0851 current US$ per US$ of GDP	-2.4%
1974	0.0832 current US$ per US$ of GDP	-2.2%
1975	0.0918 current US$ per US$ of GDP	+10.4%
1976	0.0878 current US$ per US$ of GDP	-4.4%
1977	0.073 current US$ per US$ of GDP	-16.8%
1978	0.0728 current US$ per US$ of GDP	-0.4%
1979	0.0837 current US$ per US$ of GDP	+15.0%
1980	0.0982 current US$ per US$ of GDP	+17.4%
1981	0.1172 current US$ per US$ of GDP	+19.4%
1982	0.1248 current US$ per US$ of GDP	+6.5%
1983	0.1136 current US$ per US$ of GDP	-9.0%
1984	0.1191 current US$ per US$ of GDP	+4.8%
1985	0.1333 current US$ per US$ of GDP	+11.9%
1986	0.1353 current US$ per US$ of GDP	+1.5%
1987	0.1403 current US$ per US$ of GDP	+3.7%
1988	0.1321 current US$ per US$ of GDP	-5.8%
1989	0.1295 current US$ per US$ of GDP	-1.9%
1990	0.1176 current US$ per US$ of GDP	-9.2%
1991	0.1033 current US$ per US$ of GDP	-12.1%
1992	0.1241 current US$ per US$ of GDP	+20.1%
1993	0.1081 current US$ per US$ of GDP	-12.9%
1994	0.102 current US$ per US$ of GDP	-5.7%
1995	0.1119 current US$ per US$ of GDP	+9.8%
1996	0.1066 current US$ per US$ of GDP	-4.7%
1997	0.1017 current US$ per US$ of GDP	-4.6%
1998	0.1103 current US$ per US$ of GDP	+8.5%
1999	0.1141 current US$ per US$ of GDP	+3.4%
2000	0.1139 current US$ per US$ of GDP	-0.2%
2001	0.116 current US$ per US$ of GDP	+1.8%
2002	0.1137 current US$ per US$ of GDP	-1.9%
2003	0.123 current US$ per US$ of GDP	+8.1%
2004	0.1275 current US$ per US$ of GDP	+3.7%
2005	0.1265 current US$ per US$ of GDP	-0.8%
2006	0.1297 current US$ per US$ of GDP	+2.5%
2007	0.1337 current US$ per US$ of GDP	+3.1%
2008	0.1312 current US$ per US$ of GDP	-1.9%
2009	0.1282 current US$ per US$ of GDP	-2.3%
2010	0.1411 current US$ per US$ of GDP	+10.1%
2011	0.1393 current US$ per US$ of GDP	-1.3%
2012	0.1444 current US$ per US$ of GDP	+3.7%
2013	0.1518 current US$ per US$ of GDP	+5.1%
2014	0.1532 current US$ per US$ of GDP	+0.9%
2015	0.1518 current US$ per US$ of GDP	-0.9%
2016	0.1587 current US$ per US$ of GDP	+4.5%
2017	0.1715 current US$ per US$ of GDP	+8.0%
2018	0.1708 current US$ per US$ of GDP	-0.4%
2019	0.1744 current US$ per US$ of GDP	+2.1%
2020	0.1519 current US$ per US$ of GDP	-12.9%
2021	0.1605 current US$ per US$ of GDP	+5.7%
2022	0.1681 current US$ per US$ of GDP	+4.7%
2023	0.1561 current US$ per US$ of GDP	-7.1%
2024	0.156 current US$ per US$ of GDP	-0.1%
2025	0.1513 current US$ per US$ of GDP	-3.0%

Jamaica compared with similar countries

Jamaica's 0.1513 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1134 current US$ per US$ of GDP, 1.3× the median. (55 countries reporting)
Jamaica's 0.1513 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.097 current US$ per US$ of GDP, 1.6× the median. (38 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.0861 current US$ per US$ of GDP	0.0769 current US$ per US$ of GDP	0.1054 current US$ per US$ of GDP	10
1970s	0.0837 current US$ per US$ of GDP	0.0728 current US$ per US$ of GDP	0.0918 current US$ per US$ of GDP	10
1980s	0.1243 current US$ per US$ of GDP	0.0982 current US$ per US$ of GDP	0.1403 current US$ per US$ of GDP	10
1990s	0.11 current US$ per US$ of GDP	0.1017 current US$ per US$ of GDP	0.1241 current US$ per US$ of GDP	10
2000s	0.1243 current US$ per US$ of GDP	0.1137 current US$ per US$ of GDP	0.1337 current US$ per US$ of GDP	10
2010s	0.1557 current US$ per US$ of GDP	0.1393 current US$ per US$ of GDP	0.1744 current US$ per US$ of GDP	10
2020s	0.1573 current US$ per US$ of GDP	0.1513 current US$ per US$ of GDP	0.1681 current US$ per US$ of GDP	6

Countries ranked near Jamaica

13 Argentina 0.1544 current US$ per US$ of GDP compare
14 Tuvalu 0.1529 current US$ per US$ of GDP compare
15 Curacao 0.1524 current US$ per US$ of GDP compare
17 Fiji 0.1512 current US$ per US$ of GDP compare
18 Seychelles 0.1512 current US$ per US$ of GDP compare
19 Saint Vincent and the Grenadines 0.151 current US$ per US$ of GDP compare

See the full ranking of 198 places →

More economy & growth data for Jamaica

Real gdp growth, annual growth rate -119.48 % change on previous year (2024)
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)

All data for Jamaica →

Frequently asked questions

What is taxes less subsidies on products (current us$), per unit of gdp in Jamaica?: Taxes less subsidies on products (current us$), per unit of gdp in Jamaica was 0.1513 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Jamaica?: The highest recorded value was 0.1744 current US$ per US$ of GDP in 2019.
What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Jamaica?: The lowest recorded value was 0.0728 current US$ per US$ of GDP in 1978.
How does Jamaica rank for taxes less subsidies on products (current us$), per unit of gdp?: Jamaica ranks 16th out of 197 countries with data for 2025.
Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Jamaica?: Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
Where does this Jamaica data come from?: The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), 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.

Share, cite or embed this page

Cite this page

Taxes less subsidies on products (current US$), per unit of GDP in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/jamaica/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/jamaica/">Taxes less subsidies on products (current US$), per unit of GDP in Jamaica</a> — Statizoid

How this figure is calculated

Taxes less subsidies on products (current US$) divided by GDP (current US$), 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 US$) ÷ GDP (current US$)

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

Indicator: Taxes less subsidies on products (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 198 places, 8,406 data points, 1960–2025
Last refreshed: 21 August 2026

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.