The Jamaican economy is heavily dependent on services, which accounts for more than 70% of GDP. The country continues to derive most of its foreign exchange from tourism, remittances, and bauxite/alumina. Earnings from remittances and tourism each account for about 15% of GDP, while bauxite/alumina exports have declined to less than 5% of GDP. Jamaica's economy has grown on average less than 1% a year for the last three decades and many impediments remain to growth: a bloated public sector which crowds out spending on important projects; high crime and corruption; red-tape;...
| GDP | Reference | Last | Previous | Units | Frequency |
|---|---|---|---|---|---|
| Private Consumption | 2019 | 1,607,880,000,000 | 1,542,753,000,000 | NCU, NSA | Annual |
| Investment | 2019 | 508,473,000,000 | 471,962,000,000 | NCU, NSA | Annual |
| Nominal Fixed Investment (gross fixed capital formation) | 2017 | 409,526,310,700 | 373,327,000,000 | NCU | Annual |
| Real Investment | 2016 | 182,640,000,000 | 181,867,000,000 | NCU | Annual |
| Real Fixed Investment (gross fixed capital formation) | 2016 | 181,582,000,000 | 180,849,000,000 | NCU | Annual |
| Nominal Gross Domestic Product | 2016 Q4 | 454,089,192,836 | 432,459,402,124 | NCU, NSA | Quarterly |
| Real Gross Domestic Product | 2016 Q3 | 104.83 | 103.89 | Index 2005=100 | Quarterly |
| Government Consumption | 2015 | 229,448 | 223,858 | Mil. JMD | Annual |
| Price | Reference | Last | Previous | Units | Frequency |
| Consumer Price Index (CPI) | May 2026 | 151.31 | 149.17 | Index 2019=100, SA | Monthly |
| Labor | Reference | Last | Previous | Units | Frequency |
| Agriculture Employment | 2017 | 279,595 | 273,951 | # | Annual |
| Labor Force Employment | 2017 Q1 | 1,185 | 1,180 | Ths. | Quarterly |
| Labor Force | 2016 | 1,487,500 | 1,469,165 | # | Annual |
| Wage & Salaries | 2016 | 179,068,193,400 | 168,787,372,500 | NCU | Annual |
| Unemployment | Oct 2011 | 159,600 | #, NSA | Monthly | |
| Unemployment Rate | Oct 2011 | 12.78 | %, NSA | Monthly | |
| Trade | Reference | Last | Previous | Units | Frequency |
| Current Account Balance | 2025 Q2 | 137,750,486 | 234,489,544 | USD, NSA | Quarterly |
| Balance of Goods | 2025 Q2 | -1,140,513,037 | -1,097,450,361 | USD, NSA | Quarterly |
| Imports of Goods | 2025 Q2 | 1,542,787,166 | 1,582,646,471 | USD, NSA | Quarterly |
| Exports of Goods | 2025 Q2 | 402,274,129 | 485,196,110 | USD, NSA | Quarterly |
| Exports of Goods and Services | 2019 | 802,726,000,000 | 781,786,000,000 | NCU, NSA | Annual |
| Imports of Goods and Services | 2019 | 1,098,998,000,000 | 1,042,292,000,000 | NCU, NSA | Annual |
| Real Exports of Goods and Services | 2016 | 294,544,000,000 | 290,169,000,000 | NCU | Annual |
| Real Imports of Goods and Services | 2016 | 378,949,000,000 | 386,410,000,000 | NCU | Annual |
| Markets | Reference | Last | Previous | Units | Frequency |
| Treasury Bills (over 31 days) | Apr 2025 | 5.54 | 5.75 | % p.a., NSA | Monthly |
| Money Market Rate | Sep 2019 | 3 | 3 | % p.a., NSA | Monthly |
| Lending Rate | Jun 2017 | 5 | 5 | % - End of period | Monthly |
| Average Long-term Government Bond | Apr 1998 | 26.86 | 26.82 | % | Monthly |
| Business | Reference | Last | Previous | Units | Frequency |
| Change in Inventories | 2017 | 2,175,814,200 | 2,052,000,000 | NCU | Annual |
| Industrial Production | 1990 Q4 | 96.22 | 98.1 | 1990=100, NSA | Quarterly |
| Demographics | Reference | Last | Previous | Units | Frequency |
| Population | 2020 | 2,961,161 | 2,948,277 | # | Annual |
| Net Migration | 2017 | -93,000 | # | Annual | |
| Birth Rate | 2016 | 16.63 | 16.81 | # per Ths. pop. | Annual |
| Death Rate | 2016 | 6.98 | 6.93 | # per Ths. pop. | Annual |