Jamaica GDP Growth Rate  1997-2018 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Jamaica expanded 1.40 percent in the third quarter of 2017 over the previous quarter. GDP Growth Rate in Jamaica averaged 0.15 percent from 1997 until 2017, reaching an all time high of 2.60 percent in the third quarter of 2010 and a record low of -2.50 percent in the first quarter of 2009.

Jamaica GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-06 11:50 PM GDP Growth Rate QoQ -1.4% -1.3% 0.6%
2017-09-30 12:00 AM GDP Growth Rate QoQ 0.8% -0.9% -1.0%
2017-12-29 10:00 PM GDP Growth Rate QoQ 1.4% 1.0% 1.0%
2018-03-30 09:00 PM GDP Growth Rate QoQ 1.4% -0.20%
2018-07-06 11:50 PM GDP Growth Rate QoQ -0.40%
2018-09-30 12:00 AM GDP Growth Rate QoQ 0.30%


Jamaica GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 1.00 2.60 -2.50 percent [+]
GDP Annual Growth Rate 0.80 -0.10 4.30 -4.60 percent [+]
GDP 14.03 14.26 14.75 0.70 USD Billion [+]
GDP per capita 4796.00 4746.50 5368.50 3466.60 USD [+]
GDP per capita PPP 8190.00 8105.40 8681.40 7286.20 USD [+]
Gdp Constant Prices 186004.00 189755.00 194147.00 163584.00 USD Million [+]
Gdp From Agriculture 12376.00 13835.00 15745.00 7631.00 USD Million [+]
Gdp From Construction 13149.00 12396.00 18118.00 11454.00 USD Million [+]
Gdp From Manufacturing 16788.00 15827.00 23548.00 14652.00 USD Million [+]
Gdp From Mining 3797.00 3820.00 8526.00 3161.00 USD Million [+]
Gdp From Services 31454.00 32902.00 36733.00 30200.00 USD Million [+]
Gdp From Transport 20741.00 21410.00 23461.00 13697.00 USD Million [+]
Gdp From Utilities 6210.00 6198.00 6618.00 4158.00 USD Million [+]


Jamaica GDP Growth Rate

Jamaica, a small island nation situated in a strategic position near the Panama Canal, and one of the slowest growing economy in the Caribbean. Services, with tourism employing 10 percent of the population, is the most important sector of the economy and accounts for around 60 percent of GDP. Jamaica’s large shadow economy and lax tax regulations have translated into persistent fiscal deficits and heavy dependence on remittances. Bureaucracy, high energy costs and a slow, inefficient legal system are hampering foreign direct investments and private initiative. High unemployment and drug related crime are also issues that need to be addressed. This page provides - Jamaica GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.00 2.60 -2.50 1997 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
United States 2.60 Dec/17
China 1.60 Dec/17
India 1.60 Sep/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Mexico 1.00 Dec/17
Netherlands 0.80 Dec/17
Spain 0.70 Dec/17
Australia 0.60 Sep/17
Euro Area 0.60 Dec/17
France 0.60 Dec/17
Germany 0.60 Dec/17
Switzerland 0.60 Sep/17
United Kingdom 0.50 Dec/17
Canada 0.40 Sep/17
Italy 0.30 Dec/17
Brazil 0.10 Sep/17
Japan 0.10 Dec/17
South Korea -0.20 Dec/17
Indonesia -1.70 Dec/17


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