Private Consumption in Jamaica
The Jamaican economy recorded an average growth rate of -0.5% in the decade to 2022. However, in 2022, private consumption growth was 4.0%. For more private consumption information, visit our dedicated page.
Jamaica Private consumption Chart
Note: This chart displays Private Consumption (annual variation in %) for Jamaica from 2012 to 2019.
Source: Macrobond.
Jamaica Private consumption Data
| 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Jamaican private consumption projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable private consumption forecast available for Jamaican private consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Jamaican private consumption projections.
Want to get access to the full dataset of Jamaican private consumption forecasts? Send an email to info@focus-economics.com.