General profile: Jamaica

GENERAL INFORMATION FOR 2021
Population
Population
Exchange rates
Exchange rate
GDP
GDP
2.828 Millions
150.790 JMD/US$
14 885 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 10 830 km²
5.90 %
4.54 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+18.2 %
Merchandise exports growth rate in 2021
Total merchandise trade
(millions of US$)
2005
2010
2015
2021
Merchandise exports
1 532
1 328
1 263
1 441
Merchandise imports
4 739
5 225
4 993
5 976
Merchandise trade balance
-3 208
-3 898
-3 730
-4 535
Export structure by product group in 2021
(as % of total exports)
0 %0 %7 %7 %25 %25 %44 %44 %24 %24 %
Top 5 partners in 2021
(exports, millions of US$)
761138996456761138996456
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2021
Services exports
2 330
2 634
3 059
(e) 3 001
Services imports
1 722
1 824
2 161
(e) 2 561
Services trade balance
608
810
898
(e) 441
Services exports by main category²
(as % of total services)
2005
2010
2015
2021
Transport
19.4
11.2
6.1
(e) 12.2
Travel
66.3
76.0
78.5
-
Other services
14.3
12.8
15.5
(e) 39.2
TRADE INDICES
More data on UNCTADstat
869312314110310010097103110105104114180197184158167157160173179102961011071081011009996100107110102111122128110111107110115116
ECONOMIC TRENDS
More data on UNCTADstat
+4.5 %
Gross domestic product growth rate in 2021
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
GDP, current
11 244
13 221
14 198
14 885
GDP per capita, current US$
4 200
4 836
5 081
5 264
Real GDP growth, y-on-y, %
0.89
-1.46
0.92
4.54
Current account balance, % of GDP
-9.53
-7.06
-3.03
(e) 0.73
Exchange rate (/US$)
62.281
87.196
116.970
150.790
GDP by expenditure in 2020
(as % of total GDP)
76.213.624.437.952.176.213.624.437.952.1
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.4 %
FDI outflows as % of GDP in 2021
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
FDI inflows
682.48
227.67
924.98
320.50
FDI outflows
101.00
58.22
34.21
56.15
Personal remittances, % of GDP
15.67
15.33
16.63
..
Financial flows trends
(millions of US$)
2 956.22 562.52 501.62 462.72 433.42 361.22 268.82 171.92 168.12 105.62 026.41 889.52 156.62 122.11 923.71 761.61 601.21 379.61 241.61 046.6877.73212656657758899289255945533692182285411 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 indicators²
(as % and index)
2005
2010
2015
2021
Balance, % of GDP
-17.55
-18.53
-16.18
(e) -16.02
Balance, % of imports
-33.07
-37.95
-34.74
(e) -34.94
Normalized balance
-0.198
-0.234
-0.210
(e) -0.212
Trade openness²
(sum of imports and exports as % of GDP)
7667908782767785838384798611310610089
LIVING AREA
Population by living area in 2021
(% of population)
Urban 57%Urban 57%Rural 43%Rural 43%
OTHER INDICATORS
More data on UNCTADstat
0.006 %
Share of the total world merchant fleet in 2021
Maritime transport indicators
 
2005
2010
2015
2021
Merchant fleet, national flag (thousands of DWT)
186
353
184
119
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
22.24
32.18
35.87
Container port throughput (TEU)
..
1 891 770
1 653 272
..
Information economy indicators
(as % of)
2005
2010
2015
2021
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.
q
Estimated. Data refers to 2020.
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.

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Generation date: 20 October 2022