jm Jamaica 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$14.66 billion

↑ 6.12% vs 2020
GDP per Capita

$5,165.34

↑ 5.86% vs 2020
GDP Growth (Annual %)

4.60%

↑ 14.52pp vs 2020
Inflation Rate (CPI %)

5.86%

↑ 0.64pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $13.81 billion $14.66 billion +6.12%
GDP per Capita $4,879.44 $5,165.34 +5.86%
GDP Growth (Annual %) -9.92% 4.60% +14.52pp
Inflation (CPI %) 5.23% 5.86% +0.64pp
Unemployment Rate (%) 6.50% 5.19% -1.31pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$14.66 billion
GDP per Capita
$5,165.34
GDP Growth (Annual %)
4.60%
Gross National Income
$14.24 billion
Prices & Employment
Inflation (CPI %)
5.86%
Inflation (GDP Deflator %)
7.43%
Unemployment Rate (%)
5.19%
Interest Rate (Real %)
3.79%
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)
1.02%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Jamaica's Gross Domestic Product (GDP) is $14.66 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Jamaica for 2021 is $5,165.34. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Jamaica for 2021 is 5.86%. This measures the annual percentage change in the cost of consumer goods and services.

Jamaica's annual GDP growth rate for 2021 is 4.60%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Jamaica for 2021 is 5.19%. This represents the percentage of the labor force that is unemployed and actively seeking employment.