General profile: Jamaica

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
2.803 Millions
125.126 JMD/US$
13 787 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
2.35 %
1.10 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-8.1 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
1 532
1 328
1 263
(e) 1 160
Merchandise imports
4 739
5 225
4 996
(e) 4 700
Merchandise trade balance
-3 208
-3 898
-3 733
(e) -3 540
Export structure by product group in 2016
(as % of total exports)
1 %1 %12 %12 %15 %15 %47 %47 %26 %26 %
Top 5 partners in 2016
(exports, millions of US$)
49814512471504981451247150
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
2 330
2 634
3 059
(e) 3 221
Services imports
1 722
1 824
2 161
(e) 2 129
Services trade balance
608
810
898
(e) 1 092
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
19.4
11.2
6.1
(e) 5.3
Travel
66.3
76.0
78.5
(e) 78.9
Other services
14.3
12.8
15.5
(e) 15.8
TRADE INDICES
More data on UNCTADstat
555556565454575761615959585864641011011101101031038888939388888989979710010086868686858583838686929295958888959510510511011094949696929294949898100100555654576159586410111010388938889971008686858386929588951051109496929498100
ECONOMIC TRENDS
More data on UNCTADstat
+1.1 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
11 244
13 220
14 262
13 787
GDP per capita, current US$
4 199
4 823
5 106
4 918
Real GDP growth, y-on-y, %
0.89
-1.47
1.00
1.10
Current account balance, % of GDP
-9.53
-7.07
-2.29
..
Exchange rate (/US$)
62.281
87.196
116.898
125.126
GDP by expenditure in 2015
(as % of total GDP)
80.813.820.829.845.280.813.820.829.845.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+2.1 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
682.48
227.67
924.98
855.87
FDI outflows
101.00
58.22
4.35
285.55
Personal remittances, % of GDP
15.67
15.33
17.09
..
Financial flows trends
(millions of US$)
2 360.92 360.92 268.82 268.82 171.92 171.92 166.92 166.92 105.62 105.62 026.42 026.41 889.51 889.52 156.62 156.62 122.12 122.11 923.71 923.71 761.61 761.61 601.21 601.21 379.61 379.61 241.61 241.61 046.61 046.6877.7877.78568569259255825825455454134132182182282285415411 4371 4378678678828826826826026027217214794796146144694692 360.92 268.82 171.92 166.92 105.62 026.41 889.52 156.62 122.11 923.71 761.61 601.21 379.61 241.61 046.6877.78569255825454132182285411 437867882682602721479614469FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
-17.55
-18.53
-15.89
(e) -12.62
Balance, % of imports
-33.07
-37.95
-34.28
(e) -28.02
Normalized balance
-0.198
-0.234
-0.207
(e) -0.163
Trade openness ²
(sum of imports and exports as % of GDP)
777785838384798611310610089
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
55%Male 55%Female
45%Female 45%
OTHER INDICATORS
More data on UNCTADstat
0.007 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
186 000 000
353 310 000
178 488 000
133 315 000
Liner shipping connectivity index (maximum 2004 = 100 for China)
21.99
33.09
21.73
20.05
Container port throughput (TEU)
..
1 891 770
(e) 1 638 100
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
0.30
0.39
0.27
..
Share of ICT goods, % of total imports
5.01
3.88
4.73
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 15 September 2017