The Gross Domestic Product (GDP) in Jamaica contracted 7.30 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Jamaica averaged 0.19 percent from 1997 until 2025, 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 0.90 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
2025-12-31 05:25 PM
GDP Growth Rate QoQ
Q3 1.1% 0.5% 1%
2026-04-01 05:00 PM
GDP Growth Rate QoQ
Q4 -7.3% 0.4% 0.8%
2026-06-30 05:00 PM
GDP Growth Rate QoQ
Q1 -7.3% 0.2%


Related Last Previous Unit Reference
GDP Growth Rate YoY -7.10 5.10 percent Dec 2025
GDP Constant Prices 417057.00 434418.00 USD Million Dec 2025
GDP from Agriculture 27842.00 33308.00 USD Million Dec 2025
GDP from Construction 31219.00 27448.00 USD Million Dec 2025
GDP from Manufacturing 37457.00 42028.00 USD Million Dec 2025
GDP from Mining 3106.00 5424.00 USD Million Dec 2025
GDP from Public Administration 27101.00 27521.00 USD Million Dec 2025
GDP from Services 74669.00 71268.00 USD Million Dec 2025
GDP From Transport and Storage 24170.00 25416.00 USD Million Dec 2025
GDP from Utilities 10478.00 12681.00 USD Million Dec 2025
GDP Growth Rate -7.30 0.40 percent Dec 2025


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
-7.30 0.40 9.60 -16.70 1997 - 2025 percent Quarterly