Indicators of economy in Jamaica

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Jamaica, on the other hand, reached USD 5,184 per capita, or 14.66 billion USD for the whole country. Jamaica is one of the smaller economies and is currently ranked 131. If this is calculated per inhabitant, taking purchasing power parity into account, then Jamaica ranks 116th in the list of the richest countries.

Inflation in Jamaica in 2021 was around 5.86%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 49.2 percent lower.
The index for perceived corruption in the public sector is 44, which is below average by global standards.


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