GDP in Jamaica

Jamaica GDP | Economic News & Forecasts

Jamaica - GDP

The economy slowed down in the final quarter of last year, according to detailed data published by the Statistical Institute on 31 March. GDP growth fell to 1.1% in Q4, down from 2.0% in Q3 and in stark contrast to initial estimates, which had penciled in a fourth consecutive acceleration. The disappointing result also pushed full year GDP to 1.4%, below market expectations of a stronger acceleration. Nevertheless, the result showed that the Jamaican economy is still firmly in recovery mode, thanks to an improving business climate and continued international support. The positive momentum should also help support the government’s ambitious fiscal strategy: the budget for FY 2017/18 was approved by parliament and aims to generate a primary surplus of 7% with the aim of reducing the country’s public debt to 60% of GDP within 10 years.

Jamaica - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)1.7  -0.6  0.5  0.7  1.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Jamaica Facts

ValueChangeDate

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form