jm Jamaica

Comprehensive economic analysis featuring GDP, inflation, unemployment, and other key economic indicators from 2010 to 2025.

16 Years of Data

13 Economic Indicators

Key Economic Indicators

GDP (Current USD)

$19.72 billion

2025
Est. ↑ 1.6%
GDP per Capita

$6,943.68

2025
Est. ↑ 1.6%
GDP Growth (Annual %)

1.65%

2025
↑ 1,411.05% from previous year
Inflation Rate (CPI %)

3.37%

2025
Estimated
Unemployment Rate
4.74% (2025) Est.
Exports
N/A
Imports
N/A
FDI Inflow
N/A

Historical Economic Trends (2010-2025)

GDP Trend
GDP Growth Rate
Inflation Rate (CPI)
Unemployment Rate

Economic Analysis

GDP Overview

Jamaica has faced economic challenges in recent years, with GDP showing a declining trend. As of 2025, the GDP is $19.72 billion. Various factors including global economic conditions and domestic policy changes may have contributed to this pattern.

Inflation Trends

Inflation has been a significant concern for Jamaica, with an average CPI inflation rate of 6.21% over the analyzed period. The current inflation rate of 3.37% may impact purchasing power and economic stability.

Historical Economic Data

Economic indicators for Jamaica
Year GDP (USD) GDP per Capita GDP Growth (%) Inflation (CPI %) Unemployment (%)
2025 $19.72 billion $6,943.68 1.65% 3.37% 4.74%
2024 $19.40 billion $6,831.13 -0.13% 5.41% 4.89%
2023 $19.42 billion $6,839.73 2.20% 6.47% 4.40%
2022 $17.10 billion $6,022.15 5.22% 10.35% 4.08%
2021 $14.66 billion $5,165.34 4.60% 5.86% 5.19%
2020 $13.81 billion $4,879.44 -9.92% 5.23% 6.50%
2019 $15.83 billion $5,607.24 0.89% 3.91% 4.99%
2018 $15.73 billion $5,578.10 1.89% 3.74% 5.47%
2017 $14.81 billion $5,259.31 1.00% 4.38% 7.40%
2016 $14.08 billion $5,009.79 1.38% 2.35% 8.63%
2015 $14.19 billion $5,062.90 0.92% 3.69% 8.83%
2014 $13.90 billion $4,975.11 0.69% 8.27% 9.05%
2013 $14.26 billion $5,124.21 0.52% 9.34% 9.70%
2012 $14.81 billion $5,340.83 -0.61% 6.87% 8.70%
2011 $14.44 billion $5,232.64 1.73% 7.56% 8.03%
2010 $13.22 billion $4,809.98 -1.46% 12.61% 7.63%

Detailed Data by Year

Frequently Asked Questions

As of 2025, Jamaica's Gross Domestic Product (GDP) is $19.72 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Jamaica for 2025 is $6,943.68. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Jamaica for 2025 is 3.37%. This measures the annual percentage change in the cost of consumer goods and services.

Jamaica's annual GDP growth rate for 2025 is 1.65%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Jamaica for 2025 is 4.74%. This represents the percentage of the labor force that is unemployed and actively seeking employment.