Jamaica GDP (2026)
LiveJamaica has a service-oriented Caribbean economy driven by tourism, financial services, mining, agriculture, and manufacturing. Its globally recognized tourism industry remains one of the country's largest sources of employment and foreign exchange. This page explores Jamaica GDP data, historical performance, and the economic outlook for 2026.
Jamaica GDP Growth (1980โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1980โ2026 GDP performance summary
Share of World GDP (2026)
Key Findings
Jamaica's GDP in 2026 is $23.03B.
It ranks #133 among 218 countries.
Jamaica contributes 0.02% to the world economy.
GDP per capita is $8,356 in 2026.
The economy recorded GDP growth of -1.20% in 2026.
Jamaica GDP Historical Data (1980โ2026)
| 2026 | $23,028,000,000 | -1.20% | $8,356 | 0.02% | #132 |
| 2025 | $22,313,000,000 | -0.10% | $8,106 | 0.02% | #127 |
| 2024 | $21,900,000,000 | -0.50% | $7,965 | 0.02% | #126 |
| 2023 | $21,299,000,000 | 2.70% | $7,755 | 0.02% | #121 |
| 2022 | $18,710,000,000 | 6.40% | $6,820 | 0.02% | #127 |
| 2021 | $15,982,000,000 | 5.70% | $5,832 | 0.02% | #130 |
| 2020 | $15,079,000,000 | -8.30% | $5,509 | 0.02% | #126 |
| 2019 | $17,002,000,000 | 1.80% | $6,218 | 0.02% | #121 |
| 2018 | $16,767,000,000 | 2.50% | $6,139 | 0.02% | #123 |
| 2017 | $15,726,000,000 | 2.30% | $5,769 | 0.02% | #123 |
| 2016 | $14,931,000,000 | 2.80% | $5,486 | 0.02% | #122 |
| 2015 | $14,927,000,000 | 1.40% | $5,489 | 0.02% | #122 |
| 2014 | $14,225,000,000 | 0.60% | $5,238 | 0.02% | #129 |
| 2013 | $14,582,000,000 | 0.20% | $5,374 | 0.02% | #128 |
| 2012 | $15,149,000,000 | -0.50% | $5,590 | 0.02% | #124 |
| 2011 | $14,787,000,000 | 1.40% | $5,471 | 0.02% | #127 |
| 2010 | $13,535,000,000 | -1.40% | $5,021 | 0.02% | #122 |
| 2009 | $12,421,000,000 | -3.40% | $4,624 | 0.02% | #116 |
| 2008 | $14,099,000,000 | -0.80% | $5,267 | 0.02% | #115 |
| 2007 | $13,215,000,000 | 1.40% | $4,955 | 0.02% | #113 |
| 2006 | $12,256,000,000 | 2.90% | $4,611 | 0.02% | #112 |
| 2005 | $11,524,000,000 | 0.90% | $4,351 | 0.02% | #108 |
| 2004 | $10,439,000,000 | 1.30% | $3,956 | 0.02% | #105 |
| 2003 | $9,675,000,000 | 3.70% | $3,680 | 0.02% | #102 |
| 2002 | $9,971,000,000 | 0.70% | $3,806 | 0.03% | #97 |
| 2001 | $9,433,000,000 | 1.30% | $3,621 | 0.03% | #97 |
| 2000 | $9,300,000,000 | 0.80% | $3,602 | 0.03% | #99 |
| 1999 | $9,118,000,000 | 1.00% | $3,564 | 0.03% | #97 |
| 1998 | $9,015,000,000 | -1.20% | $3,558 | 0.03% | #97 |
| 1997 | $8,618,000,000 | -1.60% | $3,434 | 0.03% | #98 |
| 1996 | $7,586,000,000 | 0.20% | $3,052 | 0.02% | #101 |
| 1995 | $6,719,000,000 | 2.50% | $2,729 | 0.02% | #100 |
| 1994 | $5,594,000,000 | 1.90% | $2,293 | 0.02% | #100 |
| 1993 | $5,581,000,000 | 2.20% | $2,308 | 0.02% | #99 |
| 1992 | $4,440,000,000 | 2.80% | $1,851 | 0.02% | #102 |
| 1991 | $4,396,000,000 | 0.80% | $1,846 | 0.02% | #97 |
| 1990 | $4,784,000,000 | 4.90% | $2,023 | 0.02% | #94 |
| 1989 | $3,788,000,000 | 4.70% | $1,630 | 0.02% | #97 |
| 1988 | $3,267,000,000 | -4.00% | $1,408 | 0.02% | #99 |
| 1987 | $2,741,000,000 | 7.70% | $1,189 | 0.02% | #102 |
| 1986 | $2,431,000,000 | 7.00% | $1,062 | 0.02% | #107 |
| 1985 | $2,045,000,000 | -0.90% | $901 | 0.02% | #109 |
| 1984 | $2,174,000,000 | 0.90% | $973 | 0.02% | #107 |
| 1983 | $2,950,000,000 | 4.20% | $1,323 | 0.03% | #99 |
| 1982 | $3,319,000,000 | 3.10% | $1,518 | 0.03% | #94 |
| 1981 | $2,891,000,000 | 4.40% | $1,345 | 0.02% | #99 |
| 1980 | $2,631,000,000 | -4.00% | $1,246 | 0.02% | #101 |
Jamaica GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $23,932,000,000 | 3.10% | $8,674 | 0.02% | #127 |
| 2028 | $24,838,000,000 | 1.80% | $8,992 | 0.02% | #130 |
| 2029 | $25,717,000,000 | 1.50% | $9,300 | 0.02% | #132 |
| 2030 | $26,580,000,000 | 1.50% | $9,601 | 0.02% | #132 |
| 2031 | $27,472,000,000 | 1.50% | $9,912 | 0.02% | #133 |
Jamaica Economy Overview
Jamaica has a service-oriented economy where tourism, financial services, mining, agriculture, and manufacturing play important roles. Tourism remains the country's largest foreign exchange earner, attracting visitors to beaches, resorts, and cultural attractions throughout the island.
Bauxite and alumina production continue to support exports, while agriculture produces sugar, coffee, bananas, and spices. Retail, banking, logistics, transportation, telecommunications, and creative industries contribute to a diversified service sector.
Jamaica GDP Outlook
Jamaicaโs prospects are supported by tourism, remittances, business services, mining, and continued fiscal stability. Expansion in hospitality, logistics, digital outsourcing, renewable energy, agriculture, and creative industries could broaden employment opportunities. Infrastructure improvements may strengthen the countryโs role in Caribbean commerce. Natural disasters, dependence on tourism, high living costs, crime, labor migration, external debt pressures, and fluctuations in global travel demand remain important vulnerabilities.
Data & Methodology
How the figures on this page are compiled
- Primary Sources
- IMF, World Bank, United Nations and OECD
- Historical Coverage
- 1980โ2031
- GDP Measurement
- Nominal gross domestic product in current U.S. dollars
- Update Schedule
- Updated annually using the latest available projections
- Population Data
- United Nations World Population Prospects
Frequently Asked Questions
Jamaica's nominal GDP in 2026 is approximately $23,028,000,000, measured in current US dollars.
Jamaica's GDP growth rate in 2026 is -1.20%.
GDP per capita in Jamaica is approximately $8,356 in 2026.
Jamaica ranks #133 globally by nominal GDP in 2026.
GDP is commonly calculated as household consumption plus investment, government spending, and net exports.
Sources
Related Pages
- ๐บ๐ธ United States GDP
- ๐จ๐ณ China GDP
- ๐ฉ๐ช Germany GDP
- ๐ฏ๐ต Japan GDP
- ๐ฌ๐ง United Kingdom GDP
- ๐ฎ๐ณ India GDP
- ๐ World GDP Live
- ๐ GDP by Country
- ๐ GDP Per Capita by Country
- ๐ GDP PPP Growth Rate by Country