GDP (current US$), annual growth rate in Jamaica

Jamaica: GDP (current US$), annual growth rate was 2.61 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.61 % change on previous year
Change on year
down 80.8%
World rank
166th
of 211 countries
All-time high
53.87 % change on previous year
in 1993
All-time low
-34.42 % change on previous year
in 1984
Years of data
54
1971–2024

GDP (current US$), annual growth rate in Jamaica, 1971–2024

-40-200204060197119972024

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

Analysis

Jamaica recorded 2.61 % change on previous year for gdp (current us$), annual growth rate in 2024.

Compared with earlier readings it is down 80.8% on the previous year and up 202.0% over ten years.

Over the whole period, gdp (current us$), annual growth rate in Jamaica peaked at 53.87 % change on previous year in 1993 and was at its lowest, -34.42 % change on previous year, in 1984.

That places Jamaica 166th out of 211 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 (current US$), annual growth rate in Jamaica, year by year

Annual values for GDP (current US$), annual growth rate in Jamaica, 1971 to 2024.
Year % change on previous year Change
1971 9.62 % change on previous year
1972 21.77 % change on previous year +126.3%
1973 1.64 % change on previous year -92.5%
1974 24.62 % change on previous year +1400.2%
1975 20.43 % change on previous year -17.0%
1976 3.69 % change on previous year -81.9%
1977 9.56 % change on previous year +159.1%
1978 -18.62 % change on previous year -294.7%
1979 -8.3 % change on previous year -55.4%
1980 10.49 % change on previous year -226.4%
1981 11.18 % change on previous year +6.6%
1982 10.56 % change on previous year -5.6%
1983 9.89 % change on previous year -6.3%
1984 -34.42 % change on previous year -448.0%
1985 -11.52 % change on previous year -66.5%
1986 31.15 % change on previous year -370.5%
1987 19.33 % change on previous year -38.0%
1988 16.47 % change on previous year -14.8%
1989 15.06 % change on previous year -8.5%
1990 4.25 % change on previous year -71.8%
1991 -10.58 % change on previous year -348.9%
1992 -13.9 % change on previous year +31.3%
1993 53.87 % change on previous year -487.6%
1994 0.2294 % change on previous year -99.6%
1995 20.63 % change on previous year +8893.5%
1996 12.41 % change on previous year -39.8%
1997 13.61 % change on previous year +9.6%
1998 4.61 % change on previous year -66.1%
1999 1.14 % change on previous year -75.3%
2000 1.33 % change on previous year +16.8%
2001 2.11 % change on previous year +58.6%
2002 5.7 % change on previous year +170.7%
2003 -2.97 % change on previous year -152.1%
2004 7.89 % change on previous year -365.7%
2005 10.51 % change on previous year +33.1%
2006 6.1 % change on previous year -41.9%
2007 7.29 % change on previous year +19.4%
2008 7.11 % change on previous year -2.5%
2009 -11.59 % change on previous year -263.1%
2010 9.08 % change on previous year -178.3%
2011 9.26 % change on previous year +2.0%
2012 2.51 % change on previous year -72.9%
2013 -3.67 % change on previous year -246.1%
2014 -2.56 % change on previous year -30.2%
2015 2.08 % change on previous year -181.5%
2016 -0.7879 % change on previous year -137.8%
2017 5.2 % change on previous year -759.8%
2018 6.22 % change on previous year +19.7%
2019 0.6357 % change on previous year -89.8%
2020 -12.75 % change on previous year -2105.6%
2021 6.12 % change on previous year -148.0%
2022 16.65 % change on previous year +172.1%
2023 13.6 % change on previous year -18.3%
2024 2.61 % change on previous year -80.8%

Jamaica compared with similar countries

  • Jamaica's 2.61 % change on previous year is below the median for upper middle income countries, which is 5.6 % change on previous year, 47% of the median. (58 countries reporting)
  • Jamaica's 2.61 % change on previous year is below the median for Latin America & Caribbean, which is 6.41 % change on previous year, 41% of the median. (40 countries reporting)

Biggest year-on-year movements

Years where GDP (current 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
1995 +8893.5% 0.2294 % change on previous year 20.63 % change on previous year
2020 -2105.6% 0.6357 % change on previous year -12.75 % change on previous year
1974 +1400.2% 1.64 % change on previous year 24.62 % change on previous year
2017 +759.8% -0.7879 % change on previous year 5.2 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.16 % change on previous year -18.62 % change on previous year 24.62 % change on previous year 9
1980s 7.82 % change on previous year -34.42 % change on previous year 31.15 % change on previous year 10
1990s 8.63 % change on previous year -13.9 % change on previous year 53.87 % change on previous year 10
2000s 3.35 % change on previous year -11.59 % change on previous year 10.51 % change on previous year 10
2010s 2.8 % change on previous year -3.67 % change on previous year 9.26 % change on previous year 10
2020s 5.25 % change on previous year -12.75 % change on previous year 16.65 % change on previous year 5

Countries ranked near Jamaica

  1. 163 Bangladesh 2.9 % change on previous year compare
  2. 164 Ghana 2.83 % change on previous year compare
  3. 165 Bosnia and Herzegovina 2.72 % change on previous year compare
  4. 167 Azerbaijan 2.61 % change on previous year compare
  5. 168 Congo 2.6 % change on previous year compare
  6. 169 China 2.59 % change on previous year compare

See the full ranking of 211 places →

More population data for Jamaica

All data for Jamaica →

Frequently asked questions

What is gdp (current us$), annual growth rate in Jamaica?
Gdp (current us$), annual growth rate in Jamaica was 2.61 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in Jamaica?
The highest recorded value was 53.87 % change on previous year in 1993.
What is the lowest gdp (current us$), annual growth rate recorded in Jamaica?
The lowest recorded value was -34.42 % change on previous year in 1984.
How does Jamaica rank for gdp (current us$), annual growth rate?
Jamaica ranks 166th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in Jamaica?
Over the last ten years it is up 202.0%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current US$), annual growth rate in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-us-annual-growth-rate-2/jamaica/

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How this figure is calculated

The year-on-year percentage change in GDP (current 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 (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

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