Value Added (Total Manufacturing) — Value Standard Local Currency in Jamaica
Jamaica: Value Added (Total Manufacturing) — Value Standard Local Currency was 2.33 % change on previous year in 2023. ◆ Volatile
Latest (2023)
2.33 % change on previous year
Change on year
down 62.9%
World rank
87th
of 223 countries
All-time high
11.68 % change on previous year
in 1972
All-time low
-11.03 % change on previous year
in 1980
Years of data
53
1971–2023
Value Added (Total Manufacturing) — Value Standard Local Currency in Jamaica, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Jamaica recorded 2.33 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.
The figure is down 62.9% on the previous year and up 1,230.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Jamaica peaked at 11.68 % change on previous year in 1972 and was at its lowest, -11.03 % change on previous year, in 1980.
That places Jamaica 87th out of 223 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.41 % change on previous year | — |
| 1972 | 11.68 % change on previous year | +383.5% |
| 1973 | 0.7034 % change on previous year | -94.0% |
| 1974 | -3.37 % change on previous year | -579.0% |
| 1975 | 2.27 % change on previous year | -167.5% |
| 1976 | -4.39 % change on previous year | -293.3% |
| 1977 | -7.42 % change on previous year | +68.9% |
| 1978 | -4.68 % change on previous year | -37.0% |
| 1979 | -5.33 % change on previous year | +13.9% |
| 1980 | -11.03 % change on previous year | +107.1% |
| 1981 | 0.7819 % change on previous year | -107.1% |
| 1982 | 7.51 % change on previous year | +860.6% |
| 1983 | 1.93 % change on previous year | -74.2% |
| 1984 | -4.18 % change on previous year | -316.2% |
| 1985 | 0.4028 % change on previous year | -109.6% |
| 1986 | 2.37 % change on previous year | +489.6% |
| 1987 | 5.68 % change on previous year | +139.3% |
| 1988 | 5.39 % change on previous year | -5.2% |
| 1989 | 7.32 % change on previous year | +35.8% |
| 1990 | 3.7 % change on previous year | -49.5% |
| 1991 | -7.65 % change on previous year | -307.0% |
| 1992 | 3.18 % change on previous year | -141.6% |
| 1993 | -1.02 % change on previous year | -132.1% |
| 1994 | 2.36 % change on previous year | -331.6% |
| 1995 | -3.81 % change on previous year | -261.2% |
| 1996 | -5.01 % change on previous year | +31.5% |
| 1997 | -6.61 % change on previous year | +31.9% |
| 1998 | -5.77 % change on previous year | -12.7% |
| 1999 | -3.87 % change on previous year | -33.0% |
| 2000 | -1.2 % change on previous year | -69.0% |
| 2001 | -0.7659 % change on previous year | -36.1% |
| 2002 | -1.88 % change on previous year | +145.5% |
| 2003 | -0.4192 % change on previous year | -77.7% |
| 2004 | 1.92 % change on previous year | -556.8% |
| 2005 | -3.94 % change on previous year | -305.8% |
| 2006 | -1.62 % change on previous year | -58.9% |
| 2007 | 1.31 % change on previous year | -180.7% |
| 2008 | -0.7772 % change on previous year | -159.4% |
| 2009 | -4.77 % change on previous year | +513.3% |
| 2010 | -4.21 % change on previous year | -11.8% |
| 2011 | 1.7 % change on previous year | -140.5% |
| 2012 | -0.1664 % change on previous year | -109.8% |
| 2013 | -0.2057 % change on previous year | +23.6% |
| 2014 | -0.7761 % change on previous year | +277.4% |
| 2015 | 1.98 % change on previous year | -354.5% |
| 2016 | 1.94 % change on previous year | -2.0% |
| 2017 | 1.94 % change on previous year | +0.4% |
| 2018 | 0.8569 % change on previous year | -55.9% |
| 2019 | 1.77 % change on previous year | +106.6% |
| 2020 | -5.37 % change on previous year | -403.3% |
| 2021 | 2.96 % change on previous year | -155.1% |
| 2022 | 6.26 % change on previous year | +111.5% |
| 2023 | 2.33 % change on previous year | -62.9% |
Jamaica compared with similar countries
- Jamaica's 2.33 % change on previous year is above the median for upper middle income countries, which is 0.5996 % change on previous year, 3.9× the median. (54 countries reporting)
- Jamaica's 2.33 % change on previous year is above the median for Latin America & Caribbean, which is -0.0035 % change on previous year. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -0.9028 % change on previous year | -7.42 % change on previous year | 11.68 % change on previous year | 9 |
| 1980s | 1.62 % change on previous year | -11.03 % change on previous year | 7.51 % change on previous year | 10 |
| 1990s | -2.45 % change on previous year | -7.65 % change on previous year | 3.7 % change on previous year | 10 |
| 2000s | -1.21 % change on previous year | -4.77 % change on previous year | 1.92 % change on previous year | 10 |
| 2010s | 0.4832 % change on previous year | -4.21 % change on previous year | 1.98 % change on previous year | 10 |
| 2020s | 1.54 % change on previous year | -5.37 % change on previous year | 6.26 % change on previous year | 4 |
Countries ranked near Jamaica
- 84 Cyprus 2.4 % change on previous year compare
- 85 Eswatini 2.39 % change on previous year compare
- 86 Algeria 2.35 % change on previous year compare
- 88 Nicaragua 2.21 % change on previous year compare
- 89 France 2.16 % change on previous year compare
- 90 Mauritius 2.14 % 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.07 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.3763 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 305.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -38.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0139 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 107.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Jamaica?
- Value added (total manufacturing) — value standard local currency in Jamaica was 2.33 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Jamaica?
- The highest recorded value was 11.68 % change on previous year in 1972.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Jamaica?
- The lowest recorded value was -11.03 % change on previous year in 1980.
- How does Jamaica rank for value added (total manufacturing) — value standard local currency?
- Jamaica ranks 87th out of 223 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Jamaica?
- Over the last ten years it is up 1,230.5%. 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added (Total 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
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.