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Jamaica: Gross capital formation

Millions of local currency · 1951–2024 · 74 observations · forecasts to 2031 · inv

2024
715 billionlocal currency
Change on 2023
+6.3%year on year
Average growth, 2014–2024
+7.5%a year
In US dollars, 2024
$4.57 billionUS dollars

Gross capital formation

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10M100M1B10B100B1T19601970198019902000201020202030JamaicaJamaica
ForecastLocal currency

Compare with other countries →Definition of Gross capital formation

Recent values

Millions of local currency

YearValue
2031293,887Forecast
2030322,098Forecast
2029415,168Forecast
2028579,882Forecast
2027763,310Forecast
2026777,398Forecast
2025639,883Forecast
2024714,652
2023672,071
2022628,642
2021582,650
2020474,382
2019522,761
2018492,751
2017447,107
2016383,545
2015354,797

Sources

  • Mitchell1951–1993
  • Penn World Table1953–2019
  • WDI (archive)1960–1997
  • United Nations1970–2024
  • IMF World Economic Outlook1980–2024
  • ECLAC1987–2000
  • IMF International Financial Statistics2007–2019
  • IMF WEO (forecast)2024–2031

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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