Jamaica recorded a Government Debt to GDP of 67.90 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Jamaica averaged 120.46 percent of GDP from 1980 until 2024, reaching an all time high of 212.40 percent of GDP in 1984 and a record low of 67.90 percent of GDP in 2024. source: Bank of Jamaica

Government Debt to GDP in Jamaica is expected to reach 68.20 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Government Debt to GDP is projected to trend around 69.00 percent of GDP in 2027 and 71.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 40.00 May 2026
Government Budget -3.80 -1.00 percent of GDP Dec 2025
Government Debt 2246217.52 2250646.29 USD Million Sep 2025
Government Debt to GDP 67.90 73.30 percent of GDP Dec 2024
Holidays
Military Expenditure 286.60 276.20 USD Million Dec 2025


Jamaica Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
67.90 73.30 212.40 67.90 1980 - 2024 percent of GDP Yearly