Value Added Deflator (Manufacturing) — Value Standard Local Currency in Jamaica

Jamaica: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 4.34 % change on previous year in 2023. ◆ Volatile

Latest (2023)
4.34 % change on previous year
Change on year
down 72.7%
World rank
111th
of 209 countries
All-time high
68.74 % change on previous year
in 1992
All-time low
0.393 % change on previous year
in 2016
Years of data
53
1971–2023

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Jamaica, 1971–2023

0204060197119972023

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

Analysis

In 2023, value added deflator (manufacturing) — value standard local currency in Jamaica stood at 4.34 % change on previous year.

That represents a change of down 72.7% on the previous year and down 58.0% over ten years.

Over the whole period, value added deflator (manufacturing) — value standard local currency in Jamaica peaked at 68.74 % change on previous year in 1992 and was at its lowest, 0.393 % change on previous year, in 2016.

Jamaica ranks 111th of 209 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Jamaica, year by year

Annual values for Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate in Jamaica, 1971 to 2023.
Year % change on previous year Change
1971 9.89 % change on previous year —
1972 4.63 % change on previous year -53.2%
1973 17.64 % change on previous year +281.1%
1974 39.71 % change on previous year +125.2%
1975 12.15 % change on previous year -69.4%
1976 15.52 % change on previous year +27.8%
1977 19.93 % change on previous year +28.4%
1978 22.94 % change on previous year +15.1%
1979 18.4 % change on previous year -19.8%
1980 24.77 % change on previous year +34.6%
1981 10.69 % change on previous year -56.8%
1982 10.68 % change on previous year -0.1%
1983 30.14 % change on previous year +182.1%
1984 29.22 % change on previous year -3.1%
1985 28.9 % change on previous year -1.1%
1986 29 % change on previous year +0.4%
1987 11.05 % change on previous year -61.9%
1988 3.93 % change on previous year -64.4%
1989 12.08 % change on previous year +207.2%
1990 24.81 % change on previous year +105.4%
1991 54.96 % change on previous year +121.5%
1992 68.74 % change on previous year +25.1%
1993 25.35 % change on previous year -63.1%
1994 30.49 % change on previous year +20.3%
1995 20.88 % change on previous year -31.5%
1996 23.87 % change on previous year +14.3%
1997 6.22 % change on previous year -73.9%
1998 7.09 % change on previous year +14.0%
1999 7.98 % change on previous year +12.5%
2000 5.9 % change on previous year -26.1%
2001 5.29 % change on previous year -10.4%
2002 6.85 % change on previous year +29.6%
2003 14.3 % change on previous year +108.7%
2004 11.3 % change on previous year -21.0%
2005 10.44 % change on previous year -7.6%
2006 11.84 % change on previous year +13.4%
2007 12.55 % change on previous year +5.9%
2008 18.67 % change on previous year +48.8%
2009 14.53 % change on previous year -22.2%
2010 6.65 % change on previous year -54.2%
2011 7.68 % change on previous year +15.5%
2012 8.77 % change on previous year +14.3%
2013 10.33 % change on previous year +17.7%
2014 7.98 % change on previous year -22.7%
2015 3.33 % change on previous year -58.3%
2016 0.393 % change on previous year -88.2%
2017 6.01 % change on previous year +1428.1%
2018 5.61 % change on previous year -6.7%
2019 3.16 % change on previous year -43.6%
2020 1.22 % change on previous year -61.5%
2021 12.5 % change on previous year +928.2%
2022 15.88 % change on previous year +27.1%
2023 4.34 % change on previous year -72.7%

Jamaica compared with similar countries

  • Jamaica's 4.34 % change on previous year is above the median for upper middle income countries, which is 3.77 % change on previous year, 1.2× the median. (51 countries reporting)
  • Jamaica's 4.34 % change on previous year is below the median for Latin America & Caribbean, which is 4.46 % change on previous year, 97% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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.

YearChange FromTo
2017 +1428.1% 0.393 % change on previous year 6.01 % change on previous year
2021 +928.2% 1.22 % change on previous year 12.5 % change on previous year
1973 +281.1% 4.63 % change on previous year 17.64 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.87 % change on previous year 4.63 % change on previous year 39.71 % change on previous year 9
1980s 19.05 % change on previous year 3.93 % change on previous year 30.14 % change on previous year 10
1990s 27.04 % change on previous year 6.22 % change on previous year 68.74 % change on previous year 10
2000s 11.17 % change on previous year 5.29 % change on previous year 18.67 % change on previous year 10
2010s 5.99 % change on previous year 0.393 % change on previous year 10.33 % change on previous year 10
2020s 8.48 % change on previous year 1.22 % change on previous year 15.88 % change on previous year 4

Countries ranked near Jamaica

  1. 108 China, Macao SAR 4.49 % change on previous year compare
  2. 109 Cayman Islands 4.46 % change on previous year compare
  3. 110 Côte d'Ivoire 4.38 % change on previous year compare
  4. 112 Malta 4.22 % change on previous year compare
  5. 113 Papua New Guinea 4 % change on previous year compare
  6. 114 Albania 3.97 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Jamaica

All data for Jamaica →

Frequently asked questions

What is value added deflator (manufacturing) — value standard local currency in Jamaica?
Value added deflator (manufacturing) — value standard local currency in Jamaica was 4.34 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added deflator (manufacturing) — value standard local currency recorded in Jamaica?
The highest recorded value was 68.74 % change on previous year in 1992.
What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Jamaica?
The lowest recorded value was 0.393 % change on previous year in 2016.
How does Jamaica rank for value added deflator (manufacturing) — value standard local currency?
Jamaica ranks 111th out of 209 countries with data for 2023.
Is value added deflator (manufacturing) — value standard local currency rising or falling in Jamaica?
Over the last ten years it is down 58.0%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added Deflator (Manufacturing) — Value Standard Local Currency in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/jamaica/

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<a href="https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/jamaica/">Value Added Deflator (Manufacturing) — Value Standard Local Currency in Jamaica</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. 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
Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,313 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.