GDP reading: Argentina’s GDP expanded 0.7% in seasonally adjusted quarter-on-quarter terms in Q1, following 1.2% growth in the previous quarter....
Economic Growth in Jamaica
Jamaica's economy recorded an average growth rate of 0.7% in the decade to 2024, compared to the 2.9% average for Central America and Caribbean. In 2024, real GDP growth was -0.7%. For more GDP information, visit our dedicated page.
Jamaica GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Jamaica from 2014 to 2025.
Source: Macrobond.
Jamaica GDP Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Economic Growth (Real GDP, ann. var. %) | 5.7 | 6.4 | 2.7 | -0.5 | 0.1 |
| GDP (USD bn) | 16.1 | 18.9 | 21.4 | 22.0 | 22.7 |
| GDP (JMD bn) | 2,407 | 2,886 | 3,302 | 3,444 | 3,612 |
| Economic Growth (Nominal GDP, ann. var. %) | 12.7 | 19.9 | 14.4 | 4.3 | 4.9 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Jamaican GDP projections for the next ten years from a panel of 11 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 GDP forecast available for Jamaican GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Jamaican GDP projections.
Want to get access to the full dataset of Jamaican GDP forecasts? Send an email to info@focus-economics.com.
Latest Global GDP News
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Argentina: Economic growth decelerates in the first quarter of 2026 -
New Zealand: Economic growth accelerates in the first quarter of 2026 GDP reading: New Zealand’s GDP increased 0.8% on a seasonally adjusted quarter-on-quarter basis in Q1, following 0.5% growth in the... -
United Kingdom: GDP falls in April GDP reading: GDP contracted by 0.1% month-on-month in April 2026, in line with expectations, following a 0.3% expansion in March.... -
Lithuania: Economic growth ebbs in the first quarter of 2026 GDP reading: Lithuania’s GDP increased 2.6% on a year-on-year basis in Q1, following 3.3% growth in the previous quarter. On... -
Greece: Economic growth decelerates in the first quarter of 2026 GDP growth slows to weakest pace since Q3 2023: Greece’s GDP expanded 0.2% in seasonally adjusted quarter-on-quarter terms in the... -
South Africa: Economic growth accelerates in the first quarter of 2026 Q1 reading is stronger-than-expected: South Africa’s GDP expanded 0.5% on a seasonally adjusted quarter-on-quarter basis in Q1, following 0.4% growth... -
Bulgaria: Economic growth picks up in the first quarter of 2026 GDP reading: Bulgaria’s GDP grew 3.1% on a working-day and seasonally adjusted year-on-year basis in Q1, following 2.9% growth in...