Jamaica recorded a Government Budget deficit equal to 3.90 percent of the country's Gross Domestic Product in 2020. source: Bank of Jamaica
Government Budget in Jamaica averaged -2.20 percent of GDP from 2000 until 2020, reaching an all time high of 1.40 percent of GDP in 2019 and a record low of -6.72 percent of GDP in 2009. This page provides - Jamaica Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Government Budget - values, historical data and charts - was last updated on July of 2022.
Government Budget in Jamaica is expected to reach -1.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Government Budget is projected to trend around 0.30 percent of GDP in 2022, according to our econometric models.