Jamaica recorded a Current Account surplus of 1.30 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Jamaica averaged -6.17 percent of GDP from 1998 until 2024, reaching an all time high of 1.40 percent of GDP in 2022 and a record low of -20.40 percent of GDP in 2008. source: Bank of Jamaica
Current Account to GDP in Jamaica is expected to reach 1.10 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Current Account to GDP is projected to trend around 0.50 percent of GDP in 2026 and -0.40 percent of GDP in 2027, according to our econometric models.