Value Added (Total Manufacturing) — Value Standard Local Currency in Jamaica
Jamaica: Value Added (Total Manufacturing) — Value Standard Local Currency was 149,228 million SLC in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Jamaica, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Jamaica is 149,228 million SLC, measured in 2023.
Compared with earlier readings it is up 2.3% on the previous year and up 14.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Jamaica peaked at 215,451 million SLC in 1973 and was at its lowest, 128,811 million SLC, in 2010.
That places Jamaica 77th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Jamaica, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 187,061 million SLC | — |
| 1971 | 191,578 million SLC | +2.4% |
| 1972 | 213,946 million SLC | +11.7% |
| 1973 | 215,451 million SLC | +0.7% |
| 1974 | 208,192 million SLC | -3.4% |
| 1975 | 212,924 million SLC | +2.3% |
| 1976 | 203,568 million SLC | -4.4% |
| 1977 | 188,459 million SLC | -7.4% |
| 1978 | 179,641 million SLC | -4.7% |
| 1979 | 170,070 million SLC | -5.3% |
| 1980 | 151,305 million SLC | -11.0% |
| 1981 | 152,488 million SLC | +0.8% |
| 1982 | 163,941 million SLC | +7.5% |
| 1983 | 167,113 million SLC | +1.9% |
| 1984 | 160,123 million SLC | -4.2% |
| 1985 | 160,768 million SLC | +0.4% |
| 1986 | 164,586 million SLC | +2.4% |
| 1987 | 173,940 million SLC | +5.7% |
| 1988 | 183,316 million SLC | +5.4% |
| 1989 | 196,730 million SLC | +7.3% |
| 1990 | 204,004 million SLC | +3.7% |
| 1991 | 188,388 million SLC | -7.7% |
| 1992 | 194,380 million SLC | +3.2% |
| 1993 | 192,396 million SLC | -1.0% |
| 1994 | 196,945 million SLC | +2.4% |
| 1995 | 189,439 million SLC | -3.8% |
| 1996 | 179,948 million SLC | -5.0% |
| 1997 | 168,060 million SLC | -6.6% |
| 1998 | 158,364 million SLC | -5.8% |
| 1999 | 152,242 million SLC | -3.9% |
| 2000 | 150,418 million SLC | -1.2% |
| 2001 | 149,266 million SLC | -0.8% |
| 2002 | 146,460 million SLC | -1.9% |
| 2003 | 145,846 million SLC | -0.4% |
| 2004 | 148,639 million SLC | +1.9% |
| 2005 | 142,780 million SLC | -3.9% |
| 2006 | 140,465 million SLC | -1.6% |
| 2007 | 142,302 million SLC | +1.3% |
| 2008 | 141,196 million SLC | -0.8% |
| 2009 | 134,466 million SLC | -4.8% |
| 2010 | 128,811 million SLC | -4.2% |
| 2011 | 131,005 million SLC | +1.7% |
| 2012 | 130,787 million SLC | -0.2% |
| 2013 | 130,518 million SLC | -0.2% |
| 2014 | 129,505 million SLC | -0.8% |
| 2015 | 132,063 million SLC | +2.0% |
| 2016 | 134,620 million SLC | +1.9% |
| 2017 | 137,237 million SLC | +1.9% |
| 2018 | 138,413 million SLC | +0.9% |
| 2019 | 140,863 million SLC | +1.8% |
| 2020 | 133,300 million SLC | -5.4% |
| 2021 | 137,245 million SLC | +3.0% |
| 2022 | 145,837 million SLC | +6.3% |
| 2023 | 149,228 million SLC | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 197,089 million SLC | 170,070 million SLC | 215,451 million SLC | 10 |
| 1980s | 167,431 million SLC | 151,305 million SLC | 196,730 million SLC | 10 |
| 1990s | 182,417 million SLC | 152,242 million SLC | 204,004 million SLC | 10 |
| 2000s | 144,184 million SLC | 134,466 million SLC | 150,418 million SLC | 10 |
| 2010s | 133,382 million SLC | 128,811 million SLC | 140,863 million SLC | 10 |
| 2020s | 141,402 million SLC | 133,300 million SLC | 149,228 million SLC | 4 |
Countries ranked near Jamaica
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 135.02 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.08 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.0817 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6471 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,179 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.0815 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 75.69 constant LCU per US$ of GDP (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 149,228 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Jamaica?
- The highest recorded value was 215,451 million SLC in 1973.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Jamaica?
- The lowest recorded value was 128,811 million SLC in 2010.
- How does Jamaica rank for value added (total manufacturing) — value standard local currency?
- Jamaica ranks 77th out of 194 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 14.3%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).