A beach in Jamaica with palm trees

Jamaica International Reserves (months of imports)

International Reserves in Jamaica

Annual economic growth eased to 3.8% in Q4 (Q3: +5.9% yoy) due to softer expansions in the services and agricultural sectors. Within the former, hospitality and retail growth decelerated significantly amid a dwindling recovery in tourist arrivals. That said, the industrial sector saw a stronger expansion in Q4, thanks to mining output almost doubling due to the reopening of the Jamalco alumina refinery. In Q1, available data shows a positive picture: In January–March, inflation continued to decline, while in January–February, net remittances continued to increase—likely boosting private spending. Moreover, year-on-year tourist arrivals jumped by 152% in January, reaching 88% of their pre-Covid January 2020 level. This ongoing recovery bodes well for services activity in both Q1 and the year as a whole.

Jamaica International Reserves Chart

This chart displays International Reserves (months of imports) for Jamaica from 2013 to 2022.

Jamaica International Reserves Data

2017 2018 2019 2020 2021
International Reserves (months of imports) 9.3 7.7 7.7 11.3 13.6

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest