Jamaica recorded a Current Account deficit of 51.88 USD Million in the second quarter of 2019. Current Account in Jamaica averaged -67.39 USD Million from 1987 until 2019, reaching an all time high of 153.47 USD Million in the first quarter of 2016 and a record low of -536.10 USD Million in the third quarter of 2012.
Current Account in Jamaica is expected to be -200.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Jamaica to stand at -140.00 in 12 months time. In the long-term, the Jamaica Current Account is projected to trend around -120.00 USD Million in 2020, according to our econometric models.