Jamaica - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Jamaica was -14.17 as of 2020. Its highest value over the past 60 years was 5.33 in 1993, while its lowest value was -29.69 in 2008.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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

See also:

Year Value
1960 -4.81
1961 -1.70
1962 -1.91
1963 0.13
1964 -5.52
1965 -3.59
1966 1.58
1967 -0.76
1968 -5.24
1969 -6.70
1970 -4.19
1971 -7.12
1972 -8.29
1973 -9.58
1974 -10.23
1975 -10.35
1976 -8.85
1977 1.38
1978 3.22
1979 -0.82
1980 0.03
1981 -8.62
1982 -10.60
1983 -7.33
1984 -6.03
1985 -9.83
1986 2.96
1987 0.33
1988 -4.16
1989 -8.79
1990 -3.81
1991 -1.18
1992 -0.95
1993 5.33
1994 -0.29
1995 -5.10
1996 -7.22
1997 -7.81
1998 -7.61
1999 -6.16
2000 -11.93
2001 -13.70
2002 -16.32
2003 -14.92
2004 -14.23
2005 -19.94
2006 -20.48
2007 -21.79
2008 -29.69
2009 -17.93
2010 -18.25
2011 -23.08
2012 -21.67
2013 -22.11
2014 -22.23
2015 -16.27
2016 -12.83
2017 -14.21
2018 -12.85
2019 -14.04
2020 -14.17

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts