The Gross Domestic Product (GDP) in Jamaica expanded 1.20 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Jamaica averaged 0.23 percent from 1997 until 2026, reaching an all time high of 9.60 percent in the third quarter of 2020 and a record low of -16.70 percent in the second quarter of 2020. source: Statistical Institute of Jamaica

GDP Growth Rate in Jamaica is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-30 08:00 PM
GDP Growth Rate QoQ
Q1 3.3% -7.3% 0.2%
2026-10-01 04:20 PM
GDP Growth Rate QoQ
Q2 1.2% 3.0% 0.1%
2026-12-31 03:00 PM
GDP Growth Rate QoQ
Q3 1.2% 0.3%


Related Last Previous Unit Reference
GDP Growth Rate YoY -2.90 -4.10 percent Jun 2026
GDP Constant Prices 420888.00 415827.00 USD Million Jun 2026
GDP from Agriculture 30341.00 28638.00 USD Million Jun 2026
GDP from Construction 24594.00 27270.00 USD Million Jun 2026
GDP from Manufacturing 42528.00 40687.00 USD Million Jun 2026
GDP from Mining 4139.00 4528.00 USD Million Jun 2026
GDP from Public Administration 28642.00 26925.00 USD Million Jun 2026
GDP from Services 75567.00 67323.00 USD Million Jun 2026
GDP From Transport and Storage 21347.00 24485.00 USD Million Jun 2026
GDP from Utilities 11385.00 10440.00 USD Million Jun 2026
GDP Growth Rate 1.20 3.30 percent Jun 2026


Jamaica GDP Growth Rate
Jamaica, is 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.
Actual Previous Highest Lowest Dates Unit Frequency
1.20 3.30 9.60 -16.70 1997 - 2026 percent Quarterly