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 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Jamaica reached 4.665 US dollars per inhabitant, or 13.81 bn US Dollar in the whole country. Jamaica is one of the smaller economies and is currently ranked 130. 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 118.

Inflation in Jamaica was in 2020 at around 5.23%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 49.8% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Jamaica