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Jamaica: Government deficit (% of GDP)

Percent of GDP · 1929–2025 · 89 observations · forecasts to 2031 · govdef_GDP

2025
−3.77%percent of GDP
Change on 2024
−4.0 pointsfrom 0.22%
Average, 2016–2025
−0.309%10 years
Record high and low
3.14% (1991)low −26.5% (1980)

Government deficit (% of GDP)

Report error
-30%-25%-20%-15%-10%-5%0%5%19401960198020002020JamaicaJamaica
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-1.54Forecast
2030-1.64Forecast
2029-1.73Forecast
2028-2.05Forecast
2027-3.09Forecast
2026-4.89Forecast
2025-3.77
20240.22
20230.0351
20220.258
20210.841
2020-2.87
20190.846
20181.10
20170.425
2016-0.183

Sources

This series is derived from other GMD variables.

Jamaica documentation (PDF)

More for Jamaica

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 67 series →

Government deficit (% of GDP) elsewhere

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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 →

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