The Gross Domestic Product (GDP) in Jamaica was worth 19.93 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Jamaica represents 0.02 percent of the world economy. This dataset provides - Jamaica GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, Puerto Rico and The Bahamas were the states with the highest gross domestic product (GDP) per capita in Latin America and the Caribbean. The average GDP generated per person in the Bahamas amounted to 34,749 U.S. dollars, whereas the average wealth created per capita in Puerto Rico was estimated at around 34,749 U.S. dollars. In that same year, this region's lowest GDP per capita was that of Haiti, at less than 1,693 U.S. dollars per person per year. The largest economies in Latin America GDP is the total value of all goods and services produced in a country in a year. It is an important indicator to measure the economic strength of a country and the average wealth of its population. By far, the two largest economies in the region are Brazil and Mexico, both registering GDPs three times bigger than the third place, Argentina. Nonetheless, they are the two most populated countries by a great margin.
Key economic indicators of Latin America Latin America emerges as an important region in the world economy, as of 2023, around 7.3 percent of the global GDP, a similar share to the Middle East. Nevertheless, the economic development of most of its countries has been heavily affected by other factors, such as corruption, inequality, inflation, or crime and violence. Countries such as Venezuela, Suriname, and Argentina are constantly ranking among the highest inflation rates in the world. While Jamaica, Ecuador, and Haiti rank as some of the most crime-ridden states.

Time series data for the statistic GDP, PPP (constant 2017 international $) and country Jamaica. Indicator Definition:PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.The indicator "GDP, PPP (constant 2017 international $)" stands at 29.13 Billion usd as of 12/31/2024. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.7188 percent compared to the value the year prior.The 1 year change in percent is -0.7188.The 3 year change in percent is 7.19.The 5 year change in percent is 0.9957.The 10 year change in percent is 7.28.The Serie's long term average value is 26.33 Billion usd. It's latest available value, on 12/31/2024, is 10.65 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +40.01%.The Serie's change in percent from it's maximum value, on 12/31/2023, to it's latest available value, on 12/31/2024, is -0.719%.

The Gross Domestic Product per capita in Jamaica was last recorded at 5312.40 US dollars in 2024. The GDP per Capita in Jamaica is equivalent to 42 percent of the world's average. This dataset provides - Jamaica GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Time series data for the statistic GDP_Per_Capita_PPP_Current_International_USD and country Jamaica. Indicator Definition:This statistic provides per capita values for gross domestic product (GDP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. conversion factor is a spatial price deflator and currency converter that controls for price level differences between countries. Total population is a mid-year population based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.The statistic "GDP Per Capita PPP Current International USD" stands at 11,662.34 United States Dollars as of 12/31/2024, the highest value at least since 12/31/1991, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.70 percent compared to the value the year prior.The 1 year change in percent is 1.70.The 3 year change in percent is 21.77.The 5 year change in percent is 15.66.The 10 year change in percent is 33.55.The Serie's long term average value is 7,928.11 United States Dollars. It's latest available value, on 12/31/2024, is 47.10 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +140.90%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.

Time series data for the statistic Real_GDP_Per_Capita_PPP_Constant_2017_USD and country Jamaica. Indicator Definition:GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.The statistic "Real GDP Per Capita PPP Constant 2017 USD" stands at 10,260.00 United States Dollars as of 12/31/2024. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.6974 percent compared to the value the year prior.The 1 year change in percent is -0.6974.The 3 year change in percent is 7.13.The 5 year change in percent is 0.43.The 10 year change in percent is 5.56.The Serie's long term average value is 9,819.69 United States Dollars. It's latest available value, on 12/31/2024, is 4.48 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +17.36%.The Serie's change in percent from it's maximum value, on 12/31/2007, to it's latest available value, on 12/31/2024, is -1.89%.

The statistic shows Japan's national debt from 2020 to 2023 in relation to gross domestic product (GDP), with projections up until 2030. In 2023, the national debt of Japan amounted to about 239.97 percent of the gross domestic product. An eye on Japan’s national debt Japan’s national debt ranks first among countries with the highest debt levels in the world, far surpassing the debt levels of Greece - which ranks number two - whose financial crisis has been in the spotlight recently. Italy is third, followed by Jamaica, Lebanon and Enritrea. Currently, Japan’s national debt amounts more than a thousand trillion yen and the country’s debt is predicted to keep rising for the foreseeable future, albeit only slightly. Japan’s national debt is not without consequence for the global economy, because the country claims the fourth-largest share in global gross domestic product. Therefore, the effects on the global economy would and could have a much greater global impact than that of a country such as Greece - considering its share of the global economy adjusted for purchase power parity was less than 0.29 percent in 2011. The debt levels of China, the United States and India should also be watched closely as they together make up the largest share of global GDP. At the moment, Japan’s inflation rate is among the lowest in the world, but as Japan attempts to reduce its national debt, this could change.

Time series data for the statistic Consolidated foreign claims of BIS reporting banks to GDP (%) and country Jamaica. Indicator Definition:The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.The indicator "Consolidated foreign claims of BIS reporting banks to GDP (%)" stands at 33.90 as of 12/31/2020, the highest value since 12/31/2016. Regarding the One-Year-Change of the series, the current value constitutes an increase of 12.27 percent compared to the value the year prior.The 1 year change in percent is 12.27.The 3 year change in percent is 10.77.The 5 year change in percent is -10.36.The 10 year change in percent is -29.82.The Serie's long term average value is 34.53. It's latest available value, on 12/31/2020, is 1.82 percent lower, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1993, to it's latest available value, on 12/31/2020, is +102.45%.The Serie's change in percent from it's maximum value, on 12/31/2009, to it's latest available value, on 12/31/2020, is -33.34%.