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Jamaica

67 series · 1800–2025 · Upper middle income · Latin America & Caribbean

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1929–20253,612,264 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1929–202522,705 (2025)
Real GDPMillions of local currencyrGDP1942–20252,026,264 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1942–2025714,208 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1950–202517,323 (2025)
DeflatorIndex, 2015 = 100deflator1942–2025178.3 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1950–20256,106 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1953–20243,096,351 (2024)
Total consumption (% of GDP)Percent of GDPcons_GDP1953–202489.9 (2024)
Total consumption (USD)Millions of US dollarscons_USD1953–202419,793 (2024)
Household consumptionMillions of local currencyhcons1953–20242,627,970 (2024)
Household consumption (% of GDP)Percent of GDPhcons_GDP1953–202476.3 (2024)
Household consumption (USD)Millions of US dollarshcons_USD1953–202416,799 (2024)
Government consumptionMillions of local currencygcons1950–2024468,381 (2024)
Government consumption (% of GDP)Percent of GDPgcons_GDP1950–202413.6 (2024)
Government consumption (USD)Millions of US dollarsgcons_USD1950–20242,994 (2024)
Gross capital formationMillions of local currencyinv1951–2024714,652 (2024)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1951–202420.8 (2024)
Gross capital formation (USD)Millions of US dollarsinv_USD1951–20244,568 (2024)
Gross fixed capital formationMillions of local currencyfinv1950–2024704,268 (2024)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1950–202420.4 (2024)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1950–20244,502 (2024)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1816–20241,116,869 (2024)
Exports (% of GDP)Percent of GDPexports_GDP1929–202432.4 (2024)
Exports (USD)Millions of US dollarsexports_USD1816–20247,139 (2024)
ImportsMillions of local currencyimports1830–20241,483,950 (2024)
Imports (% of GDP)Percent of GDPimports_GDP1929–202443.1 (2024)
Imports (USD)Millions of US dollarsimports_USD1830–20249,486 (2024)
Current accountMillions of local currencyCA1976–2024106,192 (2024)
Current account (% of GDP)Percent of GDPCA_GDP1976–20243.08 (2024)
USD exchange rateLocal currency per US dollarUSDfx1800–2025159.1 (2025)
Real effective exchange rateIndex, 2015 = 100REER1960–202396.6 (2023)
Current account (USD)Millions of US dollarsCA_USD1976–2024678.8 (2024)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1929–20251,222,600 (2025)
General government expenditureMillions of local currencygen_govexp1990–20251,222,600 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1990–202533.8 (2025)
Central government expenditureMillions of local currencycgovexp1929–2000145,926 (2000)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1929–200037.7 (2000)
Government revenueMillions of local currencygovrev1929–20251,086,394 (2025)
General government revenueMillions of local currencygen_govrev1990–20251,086,394 (2025)
Central government revenueMillions of local currencycgovrev1929–199228,107 (1992)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1990–202530.1 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP1929–199229.0 (1992)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1929–2025-3.77 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1990–2025-3.77 (2025)
General government deficitMillions of local currencygen_govdef1990–2025-136,205 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP1929–1992-8.05 (1992)
Central government deficitMillions of local currencycgovdef1929–1992-7,808 (1992)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1963–202567.7 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1963–202567.7 (2025)
General government debtMillions of local currencygen_govdebt1963–20252,446,005 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1963–202469.9 (2024)
Central government debtMillions of local currencycgovdebt1963–20242,408,019 (2024)
Government debtMillions of local currencygovdebt1963–20252,446,005 (2025)
Government deficitMillions of local currencygovdef1929–2025-136,205 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1929–202533.8 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1929–202530.1 (2025)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1961–20255.48 (2025)
Central bank policy ratePercentcbrate1998–20227.00 (2022)
M0 (monetary base)Millions of local currencyM01937–2025465,746 (2025)
M1Millions of local currencyM11953–2022430,074 (2022)
M2Millions of local currencyM21953–2022873,719 (2022)
M3Millions of local currencyM31993–20252,375,675 (2025)

Prices and labor markets

VariableCodeCoverageLatest
Consumer price indexIndex, 2015 = 100CPI1939–2025165.2 (2025)
InflationPercentinfl1940–20254.00 (2025)
PopulationMillions of peoplepop1800–20252.84 (2025)
Unemployment ratePercentunemp1969–20253.40 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →