Indicators of economy in Jamaica
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Jamaica reached 5.582 US dollars per inhabitant, or 16.46 bn US Dollar in the whole country. Jamaica is one of the smaller economies and is currently ranked 121. If this is calculated per inhabitant taking into account the purchasing power parity, then Jamaica is in the list of the world's richest countries in place 115.Inflation in Jamaica was in 2019 at around 3.91%. For the the EU, the average of the same was year at 1.63%.
Compared to Germany, the prices for convenience goods are approximately 35.54% lower.
The Corruption Perceptions Index for the public sector counts 44 and is compared to other countries bad.
Back to overview: Jamaica
Unemployment rates in percent 1991 - 2020
Economic performance 2019
Jamaica Total | Jamaica per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 16.46 bn USD | 5,582.26 USD | 15,626.45 tn USD | 30,381.17 USD |
Gross national product | 15.70 bn USD | 5,323.53 USD | 16,026.52 tn USD | 31,158.99 USD |
Development of the Gross domestic product in billion US Dollar 1979 - 2019
› Debt budget development
› Development of inflation
› Corruption in Jamaica
› Cost of living in a global comparison
› Development of inflation
› Corruption in Jamaica
› Cost of living in a global comparison
Im- and Exports 2019
Jamaica Total | Jamaica per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 7.95 bn USD | 2,696.37 USD | 8,073.39 bn USD | 15,696.41 USD |
Exports | 5.81 bn USD | 1,969.28 USD | 8,622.21 bn USD | 16,763.44 USD |
Development of imports and exports in million US dollars 1979 - 2019
Exports
Imports