Jamaica - GDP

GDP (current US$)

The latest value for GDP (current US$) in Jamaica was $13,812,420,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $15,830,770,000 in 2019 and $699,050,700 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $699,050,700
1961 $748,028,900
1962 $777,712,400
1963 $826,690,500
1964 $897,931,400
1965 $972,140,500
1966 $1,096,738,000
1967 $1,148,025,000
1968 $1,083,883,000
1969 $1,191,288,000
1970 $1,404,776,000
1971 $1,539,865,000
1972 $1,875,049,000
1973 $1,905,918,000
1974 $2,375,096,000
1975 $2,860,411,000
1976 $2,966,010,000
1977 $3,249,697,000
1978 $2,644,449,000
1979 $2,425,034,000
1980 $2,679,409,000
1981 $2,979,062,000
1982 $3,293,533,000
1983 $3,619,294,000
1984 $2,373,567,000
1985 $2,100,223,000
1986 $2,754,566,000
1987 $3,286,988,000
1988 $3,828,311,000
1989 $4,404,970,000
1990 $4,592,224,000
1991 $4,106,199,000
1992 $3,535,460,000
1993 $5,440,065,000
1994 $5,452,564,000
1995 $6,577,524,000
1996 $7,393,884,000
1997 $8,400,034,000
1998 $8,787,196,000
1999 $8,887,062,000
2000 $9,005,064,000
2001 $9,194,718,000
2002 $9,719,017,000
2003 $9,430,231,000
2004 $10,174,660,000
2005 $11,243,870,000
2006 $11,930,170,000
2007 $12,799,590,000
2008 $13,709,400,000
2009 $12,120,460,000
2010 $13,220,560,000
2011 $14,444,660,000
2012 $14,807,090,000
2013 $14,264,200,000
2014 $13,899,230,000
2015 $14,188,940,000
2016 $14,077,110,000
2017 $14,808,990,000
2018 $15,730,790,000
2019 $15,830,770,000
2020 $13,812,420,000

GDP (current LCU)

The value for GDP (current LCU) in Jamaica was 1,966,930,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,110,430,000,000 in 2019 and a minimum value of 499,331,900 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 499,331,900
1961 534,317,000
1962 555,520,000
1963 590,505,000
1964 641,392,400
1965 694,400,000
1966 783,400,000
1967 831,400,000
1968 903,200,000
1969 992,700,000
1970 1,170,600,000
1971 1,282,400,000
1972 1,439,100,000
1973 1,719,900,000
1974 2,159,200,000
1975 2,600,400,000
1976 2,696,400,000
1977 2,954,300,000
1978 3,737,400,000
1979 4,279,700,000
1980 4,773,100,000
1981 5,306,900,000
1982 5,867,100,000
1983 6,993,200,000
1984 9,358,500,000
1985 11,674,300,000
1986 15,088,960,000
1987 18,034,710,000
1988 21,012,070,000
1989 25,304,790,000
1990 32,990,540,000
1991 49,750,300,000
1992 81,175,220,000
1993 135,722,000,000
1994 180,403,000,000
1995 231,148,000,000
1996 274,458,000,000
1997 297,399,000,000
1998 321,172,000,000
1999 346,982,000,000
2000 387,089,000,000
2001 422,923,000,000
2002 470,555,000,000
2003 544,510,000,000
2004 622,661,000,000
2005 700,276,000,000
2006 784,336,000,000
2007 885,632,000,000
2008 997,444,000,000
2009 1,065,320,000,000
2010 1,152,780,000,000
2011 1,240,700,000,000
2012 1,314,130,000,000
2013 1,432,100,000,000
2014 1,541,900,000,000
2015 1,659,680,000,000
2016 1,760,980,000,000
2017 1,895,030,000,000
2018 2,027,250,000,000
2019 2,110,430,000,000
2020 1,966,930,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Jamaica was 1,966,930,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,110,430,000,000 in 2019 and 31,630,650,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 31,630,650,000
1991 50,779,910,000
1992 82,855,190,000
1993 138,531,000,000
1994 184,137,000,000
1995 235,932,000,000
1996 280,138,000,000
1997 303,554,000,000
1998 321,172,000,000
1999 346,982,000,000
2000 387,089,000,000
2001 422,923,000,000
2002 470,555,000,000
2003 544,510,000,000
2004 622,661,000,000
2005 700,276,000,000
2006 784,336,000,000
2007 885,632,000,000
2008 997,444,000,000
2009 1,065,320,000,000
2010 1,152,780,000,000
2011 1,240,700,000,000
2012 1,314,130,000,000
2013 1,432,100,000,000
2014 1,541,900,000,000
2015 1,659,680,000,000
2016 1,760,980,000,000
2017 1,895,030,000,000
2018 2,027,250,000,000
2019 2,110,430,000,000
2020 1,966,930,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Jamaica was 13,440,720,000 as of 2020. Over the past 54 years, the value for this indicator has fluctuated between 14,934,130,000 in 2019 and 7,024,390,000 in 1966.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1966 7,024,390,000
1967 7,151,436,000
1968 7,562,224,000
1969 7,983,793,000
1970 8,946,990,000
1971 9,166,914,000
1972 10,817,740,000
1973 10,224,330,000
1974 9,791,920,000
1975 9,766,844,000
1976 9,113,028,000
1977 8,876,313,000
1978 8,871,546,000
1979 8,777,504,000
1980 8,275,943,000
1981 8,494,382,000
1982 8,670,151,000
1983 8,835,671,000
1984 8,699,394,000
1985 8,443,316,000
1986 8,602,269,000
1987 9,277,577,000
1988 9,646,296,000
1989 10,338,250,000
1990 10,772,520,000
1991 11,293,720,000
1992 11,514,570,000
1993 12,598,910,000
1994 12,773,200,000
1995 13,073,360,000
1996 13,058,500,000
1997 12,909,570,000
1998 12,608,190,000
1999 12,740,280,000
2000 12,852,230,000
2001 13,025,080,000
2002 13,285,230,000
2003 13,772,310,000
2004 13,954,620,000
2005 14,079,350,000
2006 14,487,520,000
2007 14,694,980,000
2008 14,575,690,000
2009 13,942,340,000
2010 13,739,180,000
2011 13,976,910,000
2012 13,891,150,000
2013 13,963,060,000
2014 14,059,380,000
2015 14,188,940,000
2016 14,384,070,000
2017 14,527,490,000
2018 14,802,050,000
2019 14,934,130,000
2020 13,440,720,000

GDP (constant LCU)

The value for GDP (constant LCU) in Jamaica was 810,041,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 900,045,000,000 in 2019 and a minimum value of 423,344,000,000 in 1966.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1966 423,344,000,000
1967 431,000,000,000
1968 455,758,000,000
1969 481,165,000,000
1970 539,214,000,000
1971 552,468,000,000
1972 651,960,000,000
1973 616,197,000,000
1974 590,136,000,000
1975 588,625,000,000
1976 549,221,000,000
1977 534,955,000,000
1978 534,667,000,000
1979 529,000,000,000
1980 498,772,000,000
1981 511,937,000,000
1982 522,530,000,000
1983 532,505,000,000
1984 524,292,000,000
1985 508,859,000,000
1986 518,439,000,000
1987 559,138,000,000
1988 581,360,000,000
1989 623,062,000,000
1990 649,234,000,000
1991 680,646,000,000
1992 693,956,000,000
1993 759,307,000,000
1994 769,811,000,000
1995 787,901,000,000
1996 787,005,000,000
1997 778,030,000,000
1998 759,866,000,000
1999 767,827,000,000
2000 774,574,000,000
2001 784,991,000,000
2002 800,670,000,000
2003 830,025,000,000
2004 841,012,000,000
2005 848,529,000,000
2006 873,129,000,000
2007 885,632,000,000
2008 878,443,000,000
2009 840,272,000,000
2010 828,028,000,000
2011 842,356,000,000
2012 837,187,000,000
2013 841,521,000,000
2014 847,326,000,000
2015 855,134,000,000
2016 866,894,000,000
2017 875,538,000,000
2018 892,085,000,000
2019 900,045,000,000
2020 810,041,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Jamaica was 27,365,790,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 30,044,340,000 in 2019 and 11,525,750,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 11,525,750,000
1991 12,492,020,000
1992 13,026,560,000
1993 14,591,130,000
1994 15,108,880,000
1995 15,788,190,000
1996 16,058,980,000
1997 16,159,720,000
1998 15,960,100,000
1999 16,360,160,000
2000 16,872,850,000
2001 17,474,850,000
2002 18,105,810,000
2003 19,118,190,000
2004 19,892,780,000
2005 20,695,770,000
2006 21,940,220,000
2007 22,852,210,000
2008 23,107,610,000
2009 22,272,020,000
2010 22,203,230,000
2011 23,059,260,000
2012 23,269,050,000
2013 24,136,040,000
2014 24,568,340,000
2015 25,418,050,000
2016 26,720,440,000
2017 28,040,450,000
2018 29,256,360,000
2019 30,044,340,000
2020 27,365,790,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Jamaica was 25,942,790,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 28,825,320,000 in 2019 and 20,792,730,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 20,792,730,000
1991 21,798,730,000
1992 22,225,010,000
1993 24,317,960,000
1994 24,654,370,000
1995 25,233,740,000
1996 25,205,040,000
1997 24,917,590,000
1998 24,335,880,000
1999 24,590,840,000
2000 24,806,920,000
2001 25,140,550,000
2002 25,642,680,000
2003 26,582,820,000
2004 26,934,710,000
2005 27,175,450,000
2006 27,963,300,000
2007 28,363,720,000
2008 28,133,480,000
2009 26,911,000,000
2010 26,518,870,000
2011 26,977,740,000
2012 26,812,200,000
2013 26,951,000,000
2014 27,136,910,000
2015 27,386,980,000
2016 27,763,610,000
2017 28,040,450,000
2018 28,570,390,000
2019 28,825,320,000
2020 25,942,790,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts