GDP in Jamaica
Jamaica - GDPThe price of Jamaica’s struggle with rampant crime became apparent in February when an Inter-American Development Bank (IDB) report estimated that the direct costs of lawlessness amount to almost 4.0% of GDP each year. This doubles the cost incurred by the Mexico, the country with the lowest cost of crime in the region. The need to better police the island is therefore becoming an ever more pressing issue for the government as it tries to keep the economic recovery going. Recent data showed Jamaica’s improving economic performance in 2016 was underpinned by a record number of stopover tourists and 15-year highs in business and consumer confidence in 2016.
Jamaica - GDP Data
|Economic Growth (GDP, annual variation in %)||1.7||-0.6||0.5||0.7||0.8|
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