Jamaica - Central government debt

Central government debt, total (current LCU)

The value for Central government debt, total (current LCU) in Jamaica was 1,201,090,000,000 as of 2008. As the graph below shows, over the past 5 years this indicator reached a maximum value of 1,201,090,000,000 in 2008 and a minimum value of 693,887,000,000 in 2003.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2003 693,887,000,000
2004 759,697,000,000
2005 847,351,000,000
2006 923,124,000,000
2007 1,000,680,000,000
2008 1,201,090,000,000

Central government debt, total (% of GDP)

Central government debt, total (% of GDP) in Jamaica was 115.82 as of 2008. Its highest value over the past 5 years was 127.86 in 2003, while its lowest value was 112.56 in 2007.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2003 127.86
2004 122.49
2005 122.00
2006 117.12
2007 112.56
2008 115.82

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance