GDP (current LCU), annual growth rate in Jamaica
Jamaica: GDP (current LCU), annual growth rate was 4.13 % change on previous year in 2024. ◆ Volatile
GDP (current LCU), annual growth rate in Jamaica, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (current lcu), annual growth rate in Jamaica stood at 4.13 % change on previous year.
The figure is down 70.8% on the previous year and down 46.2% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Jamaica peaked at 67.2 % change on previous year in 1993 and was at its lowest, -6.8 % change on previous year, in 2020.
Jamaica ranks 168th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.55 % change on previous year | — |
| 1972 | 12.22 % change on previous year | +27.9% |
| 1973 | 19.51 % change on previous year | +59.7% |
| 1974 | 25.54 % change on previous year | +30.9% |
| 1975 | 20.43 % change on previous year | -20.0% |
| 1976 | 3.69 % change on previous year | -81.9% |
| 1977 | 9.56 % change on previous year | +159.1% |
| 1978 | 26.51 % change on previous year | +177.1% |
| 1979 | 14.51 % change on previous year | -45.3% |
| 1980 | 11.53 % change on previous year | -20.5% |
| 1981 | 11.18 % change on previous year | -3.0% |
| 1982 | 10.56 % change on previous year | -5.6% |
| 1983 | 19.19 % change on previous year | +81.8% |
| 1984 | 33.82 % change on previous year | +76.2% |
| 1985 | 24.75 % change on previous year | -26.8% |
| 1986 | 29.25 % change on previous year | +18.2% |
| 1987 | 19.52 % change on previous year | -33.3% |
| 1988 | 16.51 % change on previous year | -15.4% |
| 1989 | 20.43 % change on previous year | +23.7% |
| 1990 | 30.37 % change on previous year | +48.7% |
| 1991 | 50.8 % change on previous year | +67.3% |
| 1992 | 63.17 % change on previous year | +24.3% |
| 1993 | 67.2 % change on previous year | +6.4% |
| 1994 | 32.92 % change on previous year | -51.0% |
| 1995 | 28.13 % change on previous year | -14.6% |
| 1996 | 18.74 % change on previous year | -33.4% |
| 1997 | 8.36 % change on previous year | -55.4% |
| 1998 | 7.99 % change on previous year | -4.4% |
| 1999 | 8.04 % change on previous year | +0.5% |
| 2000 | 11.56 % change on previous year | +43.8% |
| 2001 | 9.26 % change on previous year | -19.9% |
| 2002 | 11.26 % change on previous year | +21.7% |
| 2003 | 15.72 % change on previous year | +39.5% |
| 2004 | 14.35 % change on previous year | -8.7% |
| 2005 | 12.46 % change on previous year | -13.2% |
| 2006 | 12 % change on previous year | -3.7% |
| 2007 | 12.91 % change on previous year | +7.6% |
| 2008 | 12.63 % change on previous year | -2.2% |
| 2009 | 6.8 % change on previous year | -46.1% |
| 2010 | 8.21 % change on previous year | +20.6% |
| 2011 | 7.63 % change on previous year | -7.1% |
| 2012 | 5.92 % change on previous year | -22.4% |
| 2013 | 8.98 % change on previous year | +51.7% |
| 2014 | 7.67 % change on previous year | -14.6% |
| 2015 | 7.64 % change on previous year | -0.4% |
| 2016 | 6.1 % change on previous year | -20.1% |
| 2017 | 7.61 % change on previous year | +24.7% |
| 2018 | 6.98 % change on previous year | -8.3% |
| 2019 | 4.1 % change on previous year | -41.2% |
| 2020 | -6.8 % change on previous year | -265.7% |
| 2021 | 12.37 % change on previous year | -281.9% |
| 2022 | 18.69 % change on previous year | +51.1% |
| 2023 | 14.14 % change on previous year | -24.3% |
| 2024 | 4.13 % change on previous year | -70.8% |
Jamaica compared with similar countries
- Jamaica's 4.13 % change on previous year is below the median for upper middle income countries, which is 7.03 % change on previous year, 59% of the median. (58 countries reporting)
- Jamaica's 4.13 % change on previous year is below the median for Latin America & Caribbean, which is 7.38 % change on previous year, 56% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +281.9% | -6.8 % change on previous year | 12.37 % change on previous year |
| 2020 | -265.7% | 4.1 % change on previous year | -6.8 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.73 % change on previous year | 3.69 % change on previous year | 26.51 % change on previous year | 9 |
| 1980s | 19.67 % change on previous year | 10.56 % change on previous year | 33.82 % change on previous year | 10 |
| 1990s | 31.57 % change on previous year | 7.99 % change on previous year | 67.2 % change on previous year | 10 |
| 2000s | 11.9 % change on previous year | 6.8 % change on previous year | 15.72 % change on previous year | 10 |
| 2010s | 7.08 % change on previous year | 4.1 % change on previous year | 8.98 % change on previous year | 10 |
| 2020s | 8.51 % change on previous year | -6.8 % change on previous year | 18.69 % change on previous year | 5 |
Countries ranked near Jamaica
- 165 Costa Rica 4.37 % change on previous year compare
- 166 Djibouti 4.32 % change on previous year compare
- 167 China 4.23 % change on previous year compare
- 169 Cameroon 4.12 % change on previous year compare
- 170 Australia 4.1 % change on previous year compare
- 171 Gabon 4.01 % change on previous year compare
More population data for Jamaica
- Population regions with projections, annual growth rate -1.76 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.7 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.76 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -3.12 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 2,494 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.1905 Percent per annum (2030)
- Projected population under age 5, annual growth rate -1.66 % change on previous year (2100)
- World population growth -1.8% (2100)
- Population density 98.5 people per km² (2100)
- Number of children under 5, by world region 35,987 people (2100)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Jamaica?
- Gdp (current lcu), annual growth rate in Jamaica was 4.13 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Jamaica?
- The highest recorded value was 67.2 % change on previous year in 1993.
- What is the lowest gdp (current lcu), annual growth rate recorded in Jamaica?
- The lowest recorded value was -6.8 % change on previous year in 2020.
- How does Jamaica rank for gdp (current lcu), annual growth rate?
- Jamaica ranks 168th out of 211 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in Jamaica?
- Over the last ten years it is down 46.2%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.