Jamaica 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$13.81 billion
↓ 12.75% vs 2019GDP per Capita
$4,879.44
↓ 12.98% vs 2019GDP Growth (Annual %)
-9.92%
↓ 10.81pp vs 2019Inflation Rate (CPI %)
5.23%
↑ 1.32pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $15.83 billion | $13.81 billion | -12.75% |
| GDP per Capita | $5,607.24 | $4,879.44 | -12.98% |
| GDP Growth (Annual %) | 0.89% | -9.92% | -10.81pp |
| Inflation (CPI %) | 3.91% | 5.23% | +1.32pp |
| Unemployment Rate (%) | 4.99% | 6.50% | +1.51pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $13.81 billion
- GDP per Capita
- $4,879.44
- GDP Growth (Annual %)
- -9.92%
- Gross National Income
- $13.36 billion
Prices & Employment
- Inflation (CPI %)
- 5.23%
- Inflation (GDP Deflator %)
- 3.46%
- Unemployment Rate (%)
- 6.50%
- Interest Rate (Real %)
- 8.31%
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)
- -1.14%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Jamaica's Gross Domestic Product (GDP) is $13.81 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Jamaica for 2020 is $4,879.44. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Jamaica for 2020 is 5.23%. This measures the annual percentage change in the cost of consumer goods and services.
Jamaica's annual GDP growth rate for 2020 is -9.92%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Jamaica for 2020 is 6.50%. This represents the percentage of the labor force that is unemployed and actively seeking employment.