Jamaica — GDP
GDP (Nominal) for Jamaica, 1960–2025.
GDP for Jamaica was 22.70 billion in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The latest year is also the highest value on record for this series. The lowest was 699.06 million in 1960 (about 32.5× the low point). Across that span the compound annual growth rate works out to 5.50% per year.
Jamaica ranks 127 of 212 economies on this measure (1 = highest), putting it in the top 60%. The median for Latin America & Caribbean is 32.08 billion, so Jamaica sits below it. Over the last decade (2015–2025) the figure moved up 52%. Within Latin America & Caribbean it ranks 23 of 40 economies; Nicaragua (22.24 billion) is just below it. Its sharpest one-year move was up 54% in 1993. That is 28% above this series' own ten-year average.
Data highlights
From its 1960 level: doubled by 1970; grown tenfold by 1996. Doubling roughly every 13 years at that pace.
World ranking. Slipped: 64th of 111 in 1960 → 73rd of 146 in 1970 → 94th of 163 in 1980 → 106th of 192 in 1990 → 95th of 204 in 2000 → 121st of 212 in 2010 → 125th of 210 in 2020 → 123rd of 186 in 2025.
Key figures
Full history — 1960 to 2025
| Year | current US$ | Change |
|---|---|---|
| 2025 | 22,704,903,217.56 | +3.1% |
| 2024 | 22,014,429,051 | +2.8% |
| 2023 | 21,418,797,832.82 | +13.8% |
| 2022 | 18,813,516,805.21 | +17.9% |
| 2021 | 15,963,885,376.35 | +6.4% |
| 2020 | 15,000,214,216.24 | -11.9% |
| 2019 | 17,026,269,262.53 | +1.0% |
| 2018 | 16,855,447,986.22 | +6.8% |
| 2017 | 15,783,583,236.68 | +5.9% |
| 2016 | 14,898,999,754.12 | -0.4% |
| 2015 | 14,963,589,915.59 | +7.7% |
| 2014 | 13,899,217,679.92 | -2.6% |
| 2013 | 14,264,205,152.61 | -3.7% |
| 2012 | 14,807,086,555.53 | +2.5% |
| 2011 | 14,444,661,522.15 | +9.3% |
| 2010 | 13,220,549,908.25 | +9.1% |
| 2009 | 12,120,458,114.83 | -11.6% |
| 2008 | 13,709,401,520.03 | +7.1% |
| 2007 | 12,799,600,047.18 | +7.3% |
| 2006 | 11,930,179,089.89 | +6.1% |
| 2005 | 11,243,865,777.71 | +10.5% |
| 2004 | 10,174,664,853.95 | +7.9% |
| 2003 | 9,430,234,810.79 | -3.0% |
| 2002 | 9,719,009,494.85 | +5.7% |
| 2001 | 9,194,727,831.07 | +2.1% |
| 2000 | 9,005,064,474.93 | +1.3% |
| 1999 | 8,887,057,997.36 | +1.1% |
| 1998 | 8,787,195,622.44 | +4.6% |
| 1997 | 8,400,041,723.55 | +13.6% |
| 1996 | 7,393,891,920.8 | +12.4% |
| 1995 | 6,577,520,642.82 | +20.6% |
| 1994 | 5,452,558,947.03 | +0.2% |
| 1993 | 5,440,075,675.74 | +53.9% |
| 1992 | 3,535,460,089.81 | -13.9% |
| 1991 | 4,106,207,649.06 | -10.6% |
| 1990 | 4,592,208,086.69 | +4.3% |
| 1989 | 4,404,937,853.39 | +15.1% |
| 1988 | 3,828,342,820.35 | +16.5% |
| 1987 | 3,287,007,321.57 | +19.3% |
| 1986 | 2,754,549,581.92 | +31.2% |
| 1985 | 2,100,239,018.82 | -11.5% |
| 1984 | 2,373,564,549.49 | -34.4% |
| 1983 | 3,619,262,277.48 | +9.9% |
| 1982 | 3,293,496,311.93 | +10.6% |
| 1981 | 2,979,027,966.45 | +11.2% |
| 1980 | 2,679,379,371.51 | +10.5% |
| 1979 | 2,425,064,229.04 | -8.3% |
| 1978 | 2,644,527,821.53 | -18.6% |
| 1977 | 3,249,733,139.73 | +9.6% |
| 1976 | 2,966,042,856.04 | +3.7% |
| 1975 | 2,860,442,750.44 | +20.4% |
| 1974 | 2,375,122,375.12 | +24.6% |
| 1973 | 1,905,917,553.19 | +1.6% |
| 1972 | 1,875,146,587.44 | +21.8% |
| 1971 | 1,539,861,815.89 | +9.6% |
| 1970 | 1,404,720,441.89 | +17.9% |
| 1969 | 1,191,239,047.01 | +9.9% |
| 1968 | 1,083,839,132.93 | -5.6% |
| 1967 | 1,148,014,310.83 | +4.7% |
| 1966 | 1,096,759,561.3 | +12.8% |
| 1965 | 972,159,611.14 | +8.3% |
| 1964 | 897,949,000.82 | +8.6% |
| 1963 | 826,706,669.32 | +6.3% |
| 1962 | 777,727,688.91 | +4.0% |
| 1961 | 748,043,500.78 | +7.0% |
| 1960 | 699,064,380.37 | — |
Frequently asked questions
What was Jamaica’s GDP in 1961?
748,043,500.78 (1961). The full year-by-year table above lists every published year, most recent first.
Are Jamaica’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Jamaica’s GDP growing or shrinking?
Between 1960 and 2025 the series was growing overall: +3147.9% in total — about 5.5% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 22,704,903,217.56; 2024: 22,014,429,051; 2023: 21,418,797,832.82; 2022: 18,813,516,805.21; 2021: 15,963,885,376.35. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.