jm Jamaica 2018

Detailed economic analysis and indicators for 2018

Year 2018

Key Economic Indicators (2018)

GDP (Current USD)

$15.73 billion

↑ 6.22% vs 2017
GDP per Capita

$5,578.10

↑ 6.06% vs 2017
GDP Growth (Annual %)

1.89%

↑ 0.89pp vs 2017
Inflation Rate (CPI %)

3.74%

↓ 0.64pp vs 2017

Year-over-Year Comparison

Indicator 2017 2018 Change
GDP (Current USD) $14.81 billion $15.73 billion +6.22%
GDP per Capita $5,259.31 $5,578.10 +6.06%
GDP Growth (Annual %) 1.00% 1.89% +0.89pp
Inflation (CPI %) 4.38% 3.74% -0.64pp
Unemployment Rate (%) 7.40% 5.47% -1.93pp

All Economic Indicators (2018)

National Accounts
GDP (Current USD)
$15.73 billion
GDP per Capita
$5,578.10
GDP Growth (Annual %)
1.89%
Gross National Income
$15.13 billion
Prices & Employment
Inflation (CPI %)
3.74%
Inflation (GDP Deflator %)
4.99%
Unemployment Rate (%)
5.47%
Interest Rate (Real %)
8.67%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-1.49%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2018, Jamaica's Gross Domestic Product (GDP) is $15.73 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Jamaica for 2018 is $5,578.10. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Jamaica for 2018 is 3.74%. This measures the annual percentage change in the cost of consumer goods and services.

Jamaica's annual GDP growth rate for 2018 is 1.89%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Jamaica for 2018 is 5.47%. This represents the percentage of the labor force that is unemployed and actively seeking employment.