Current Account in Jamaica

Jamaica Current Account | Economic News & Forecasts

Jamaica - Current Account

Economic growth eased in the first quarter on a contraction in the manufacturing sector and a sharp moderation in mining and quarrying, and agricultural output. However, activity in the hotels and restaurants sector picked up significant pace as tourist arrivals rebounded in the first quarter. Looking beyond Q1, momentum should remain fairly stable. While tourism lost momentum in April and May, fixed investment is likely to pick up in the second half of the year amid large-scale construction projects and tourism investment. Meanwhile, in a mid-June staff visit, the IMF credited the government with public debt reduction and another robust primary surplus last year, as Jamaica prepares to exit the IMF’s financial support program this year.

Jamaica - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-9.6  -8.0  -3.0  -0.3  -2.6  

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