Fiscal Balance in Jamaica
The fiscal balance of Jamaica averaged -0.0% of GDP in the decade leading to 2022, which is above the Central America and Caribbean average of -3.7% of GDP. The fiscal balance in 2022 was 0.3% of GDP. For more fiscal balance information, visit our dedicated page.
Jamaica Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Jamaica from 2024 to 2023.
Source: Macrobond.
Jamaica Fiscal Balance Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -3.1 | 0.9 | 0.3 | 0.0 | 0.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Jamaican fiscal balance projections for the next ten years from a panel of 7 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 fiscal balance forecast available for Jamaican fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Jamaican fiscal balance projections.
Want to get access to the full dataset of Jamaican fiscal balance forecasts? Send an email to info@focus-economics.com.