Total factor productivity in Jamaica
Jamaica: Total factor productivity was 1 in 2023. ▼ Falling
Latest (2023)
1
Change on year
up 0.0%
World rank
47th
of 120 countries
All-time high
1.58
in 1972
All-time low
0.9842
in 2020
Years of data
67
1957–2023
Total factor productivity in Jamaica, 1957–2023
Source: Our World in Data.
Analysis
Jamaica recorded 1 for total factor productivity in 2023.
That represents a change of down 6.8% over ten years.
Over the whole period, total factor productivity in Jamaica peaked at 1.58 in 1972 and was at its lowest, 0.9842, in 2020.
Jamaica ranks 47th of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 67 years of available data.
Total factor productivity in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 1957 | 1.1 | — |
| 1958 | 1.12 | +1.8% |
| 1959 | 1.13 | +1.1% |
| 1960 | 1.18 | +4.8% |
| 1961 | 1.22 | +3.6% |
| 1962 | 1.23 | +0.4% |
| 1963 | 1.3 | +5.6% |
| 1964 | 1.34 | +3.2% |
| 1965 | 1.35 | +0.8% |
| 1966 | 1.33 | -1.6% |
| 1967 | 1.31 | -1.6% |
| 1968 | 1.29 | -1.6% |
| 1969 | 1.29 | +0.4% |
| 1970 | 1.45 | +12.1% |
| 1971 | 1.47 | +1.5% |
| 1972 | 1.58 | +7.3% |
| 1973 | 1.55 | -1.6% |
| 1974 | 1.45 | -6.6% |
| 1975 | 1.42 | -2.3% |
| 1976 | 1.32 | -6.7% |
| 1977 | 1.29 | -2.6% |
| 1978 | 1.27 | -1.1% |
| 1979 | 1.26 | -1.1% |
| 1980 | 1.18 | -6.2% |
| 1981 | 1.18 | +0.0% |
| 1982 | 1.19 | +1.1% |
| 1983 | 1.2 | +0.6% |
| 1984 | 1.15 | -4.1% |
| 1985 | 1.09 | -5.4% |
| 1986 | 1.09 | -0.0% |
| 1987 | 1.14 | +4.8% |
| 1988 | 1.14 | -0.1% |
| 1989 | 1.18 | +3.2% |
| 1990 | 1.22 | +3.6% |
| 1991 | 1.21 | -1.1% |
| 1992 | 1.3 | +7.4% |
| 1993 | 1.3 | +0.2% |
| 1994 | 1.27 | -2.0% |
| 1995 | 1.24 | -2.8% |
| 1996 | 1.21 | -2.0% |
| 1997 | 1.18 | -2.5% |
| 1998 | 1.14 | -3.2% |
| 1999 | 1.16 | +1.7% |
| 2000 | 1.17 | +0.4% |
| 2001 | 1.16 | -0.6% |
| 2002 | 1.09 | -5.8% |
| 2003 | 1.11 | +2.1% |
| 2004 | 1.12 | +0.4% |
| 2005 | 1.12 | -0.2% |
| 2006 | 1.1 | -1.6% |
| 2007 | 1.09 | -0.8% |
| 2008 | 1.07 | -1.5% |
| 2009 | 1.05 | -1.8% |
| 2010 | 1.06 | +0.3% |
| 2011 | 1.08 | +2.4% |
| 2012 | 1.07 | -1.0% |
| 2013 | 1.07 | +0.1% |
| 2014 | 1.07 | -0.4% |
| 2015 | 1.07 | -0.2% |
| 2016 | 1.05 | -1.3% |
| 2017 | 1.04 | -1.1% |
| 2018 | 1.05 | +0.6% |
| 2019 | 1.03 | -1.3% |
| 2020 | 0.9842 | -4.7% |
| 2021 | 1 | +1.6% |
| 2022 | 0.9998 | -0.0% |
| 2023 | 1 | +0.0% |
Jamaica compared with similar countries
- Jamaica's 1 is above the median for upper middle income countries, which is 0.9902, 1.0× the median. (33 countries reporting)
- Jamaica's 1 is above the median for Latin America & Caribbean, which is 1, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.11 | 1.1 | 1.13 | 3 |
| 1960s | 1.28 | 1.18 | 1.35 | 10 |
| 1970s | 1.41 | 1.26 | 1.58 | 10 |
| 1980s | 1.16 | 1.09 | 1.2 | 10 |
| 1990s | 1.22 | 1.14 | 1.3 | 10 |
| 2000s | 1.11 | 1.05 | 1.17 | 10 |
| 2010s | 1.06 | 1.03 | 1.08 | 10 |
| 2020s | 0.996 | 0.9842 | 1 | 4 |
Countries ranked near Jamaica
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)
Frequently asked questions
- What is total factor productivity in Jamaica?
- Total factor productivity in Jamaica was 1 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Jamaica?
- The highest recorded value was 1.58 in 1972.
- What is the lowest total factor productivity recorded in Jamaica?
- The lowest recorded value was 0.9842 in 2020.
- How does Jamaica rank for total factor productivity?
- Jamaica ranks 47th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Jamaica?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 67 observations, free to reuse under CC BY 4.0 (Our World in Data).