GDP at market prices (constant 2010 US$), annual growth rate in Jamaica

Jamaica: GDP at market prices (constant 2010 US$), annual growth rate was -0.7188 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-0.7188 % change on previous year
Change on year
down 127.6%
World rank
191st
of 208 countries
All-time high
18.01 % change on previous year
in 1972
All-time low
-9.92 % change on previous year
in 2020
Years of data
54
1971–2024

GDP at market prices (constant 2010 US$), annual growth rate in Jamaica, 1971–2024

-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp at market prices (constant 2010 us$), annual growth rate in Jamaica is -0.7188 % change on previous year, measured in 2024.

Compared with earlier readings it is down 127.6% on the previous year and down 204.2% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in Jamaica peaked at 18.01 % change on previous year in 1972 and was at its lowest, -9.92 % change on previous year, in 2020.

That places Jamaica 191st out of 208 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP at market prices (constant 2010 US$), annual growth rate in Jamaica, year by year

Annual values for GDP at market prices (constant 2010 US$), annual growth rate in Jamaica, 1971 to 2024.
Year % change on previous year Change
1971 2.46 % change on previous year
1972 18.01 % change on previous year +632.6%
1973 -5.49 % change on previous year -130.5%
1974 -4.23 % change on previous year -22.9%
1975 -0.2561 % change on previous year -93.9%
1976 -6.69 % change on previous year +2513.6%
1977 -2.6 % change on previous year -61.2%
1978 -0.0536 % change on previous year -97.9%
1979 -1.06 % change on previous year +1876.9%
1980 -5.71 % change on previous year +439.0%
1981 2.64 % change on previous year -146.2%
1982 2.07 % change on previous year -21.6%
1983 1.91 % change on previous year -7.7%
1984 -1.54 % change on previous year -180.8%
1985 -2.94 % change on previous year +90.9%
1986 1.88 % change on previous year -164.0%
1987 7.85 % change on previous year +317.0%
1988 3.97 % change on previous year -49.4%
1989 7.17 % change on previous year +80.5%
1990 4.2 % change on previous year -41.5%
1991 4.84 % change on previous year +15.2%
1992 1.96 % change on previous year -59.6%
1993 9.42 % change on previous year +381.4%
1994 1.38 % change on previous year -85.3%
1995 2.35 % change on previous year +69.9%
1996 -0.114 % change on previous year -104.8%
1997 -1.14 % change on previous year +900.5%
1998 -2.33 % change on previous year +104.8%
1999 1.05 % change on previous year -144.9%
2000 0.8783 % change on previous year -16.2%
2001 1.35 % change on previous year +53.2%
2002 2 % change on previous year +48.4%
2003 3.67 % change on previous year +83.6%
2004 1.32 % change on previous year -63.9%
2005 0.8936 % change on previous year -32.5%
2006 2.9 % change on previous year +224.4%
2007 1.43 % change on previous year -50.6%
2008 -0.8118 % change on previous year -156.7%
2009 -4.35 % change on previous year +435.3%
2010 -1.46 % change on previous year -66.5%
2011 1.73 % change on previous year -218.8%
2012 -0.6139 % change on previous year -135.5%
2013 0.5183 % change on previous year -184.4%
2014 0.6897 % change on previous year +33.1%
2015 0.9211 % change on previous year +33.6%
2016 1.38 % change on previous year +49.4%
2017 0.9969 % change on previous year -27.5%
2018 1.89 % change on previous year +89.6%
2019 0.8918 % change on previous year -52.8%
2020 -9.92 % change on previous year -1212.4%
2021 4.6 % change on previous year -146.4%
2022 5.22 % change on previous year +13.5%
2023 2.6 % change on previous year -50.1%
2024 -0.7188 % change on previous year -127.6%

Jamaica compared with similar countries

  • Jamaica's -0.7188 % change on previous year is below the median for upper middle income countries, which is 3.34 % change on previous year. (58 countries reporting)
  • Jamaica's -0.7188 % change on previous year is below the median for Latin America & Caribbean, which is 3.38 % change on previous year. (39 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), annual growth rate in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1976 -2513.6% -0.2561 % change on previous year -6.69 % change on previous year
1979 -1876.9% -0.0536 % change on previous year -1.06 % change on previous year
2020 -1212.4% 0.8918 % change on previous year -9.92 % change on previous year
1997 -900.5% -0.114 % change on previous year -1.14 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.01 % change on previous year -6.69 % change on previous year 18.01 % change on previous year 9
1980s 1.73 % change on previous year -5.71 % change on previous year 7.85 % change on previous year 10
1990s 2.16 % change on previous year -2.33 % change on previous year 9.42 % change on previous year 10
2000s 0.9278 % change on previous year -4.35 % change on previous year 3.67 % change on previous year 10
2010s 0.6943 % change on previous year -1.46 % change on previous year 1.89 % change on previous year 10
2020s 0.3577 % change on previous year -9.92 % change on previous year 5.22 % change on previous year 5

Countries ranked near Jamaica

  1. 188 Estonia -0.2607 % change on previous year compare
  2. 189 Latvia -0.4424 % change on previous year compare
  3. 190 Libya -0.6059 % change on previous year compare
  4. 192 Lebanon -0.7607 % change on previous year compare
  5. 193 Myanmar -0.9721 % change on previous year compare
  6. 194 Austria -1.17 % change on previous year compare

See the full ranking of 208 places →

More population data for Jamaica

All data for Jamaica →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), annual growth rate in Jamaica?
Gdp at market prices (constant 2010 us$), annual growth rate in Jamaica was -0.7188 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in Jamaica?
The highest recorded value was 18.01 % change on previous year in 1972.
What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in Jamaica?
The lowest recorded value was -9.92 % change on previous year in 2020.
How does Jamaica rank for gdp at market prices (constant 2010 us$), annual growth rate?
Jamaica ranks 191st out of 208 countries with data for 2024.
Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in Jamaica?
Over the last ten years it is down 204.2%. The long-run trend across the full record is volatile.
Where does this Jamaica data come from?
The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), annual growth rate in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/jamaica/

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<a href="https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/jamaica/">GDP at market prices (constant 2010 US$), annual growth rate in Jamaica</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP at market prices (constant 2010 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 9,896 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.