GDP growth moderates in the first quarter of the year: According to an advance estimate, Malaysia’s GDP grew 5.3% on...
Economic Growth in Jamaica
Jamaica's economy recorded an average growth rate of 0.7% in the decade to 2024, compared to the 2.9% average for Central America and Caribbean. In 2024, real GDP growth was -0.7%. For more GDP information, visit our dedicated page.
Jamaica GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Jamaica from 2014 to 2025.
Source: Macrobond.
Jamaica GDP Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Economic Growth (Real GDP, ann. var. %) | 5.7 | 6.4 | 2.7 | -0.5 | 0.1 |
| GDP (USD bn) | 16.1 | 18.9 | 21.4 | 22.0 | 22.7 |
| GDP (JMD bn) | 2,407 | 2,886 | 3,302 | 3,444 | 3,612 |
| Economic Growth (Nominal GDP, ann. var. %) | 12.7 | 19.9 | 14.4 | 4.3 | 4.9 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Jamaican GDP projections for the next ten years from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Jamaican GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Jamaican GDP projections.
Want to get access to the full dataset of Jamaican GDP forecasts? Send an email to info@focus-economics.com.
Latest Global GDP News
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Malaysia: Economic growth eases in the first quarter of 2026 -
United Kingdom: GDP growth in February likely overstates economy’s true strength GDP reading: GDP rose 0.5% on a seasonally adjusted month-on-month basis in February, following a 0.1% increase in the prior... -
China: Economic growth rises in the first quarter of 2026 GDP reading: China’s GDP increased 5.0% in annual terms in Q1, following a 4.5% expansion in the previous quarter and... -
Singapore: Economic growth slows in the first quarter of 2026 GDP growth moderates in the first quarter of the year: According to an advance estimate, Singapore’s GDP expanded 4.6% in... -
Vietnam: Economic growth softens but remains solid in Q1 GDP growth surprises markets on the upside: Vietnam’s GDP expanded 7.8% on a year-on-year basis in Q1, following an over... -
Canada: Economic growth decelerates in January GDP reading: GDP was up 0.1% in seasonally adjusted month-on-month terms in January, following 0.2% growth in the prior month... -
Denmark: Revised figures confirm GDP growth decelerated in Q4 2025 Revision confirms the weakest GDP growth in three quarters: According to recently revised figures, Denmark’s GDP expanded 0.2% in seasonally...