Markets Actual Q3 Q4 Q1 Q2 2020
Currency 134.42 136 137 139 140 143
Stock Market (points) 513304.91 511792 505470 499200 492981 480854
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) -0.40 1.6 -0.3 0.2 0.8 1.3
GDP Annual Growth Rate (%) 1.70 1.9 2.2 2.3 2.1 2.3
Unemployment Rate (%) 7.80 7.6 7.4 7.2 7 7
Inflation Rate (%) 4.30 3.7 4.5 5 4.7 4
Interest Rate (%) 0.50 0.5 0.5 0.5 0.75 0.75
Balance of Trade (USD Thousand) -1099466.48 -1192000 -1360000 -1190000 -1190000 -1415000
Current Account (USD Million) -185.24 -280 -200 -150 -60 -150
Current Account to GDP (%) -2.80 -2.5 -2.5 -2.3 -2.3 -2.3
Government Debt to GDP (%) 103.30 92 92 90 90 90
Government Budget (% of GDP) -0.10 0.3 0.3 0.4 0.4 0.4
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) -0.40 1.6 -0.3 0.2 0.8 1.3
GDP Annual Growth Rate (%) 1.70 1.9 2.2 2.3 2.1 2.3
GDP (USD Billion) 15.72 15.8 15.8 15.8 15.8 15.8
GDP per capita (USD) 4841.65 5000 5000 5200 5200 5200
GDP per capita PPP (USD) 8265.60 8320 8320 8450 8450 8450
GDP Constant Prices (USD Million) 195460.00 193536 201142 199956 199565 205768
GDP From Agriculture (USD Million) 13972.00 12686 13550 14293 14265 13861
GDP From Construction (USD Million) 15056.00 13925 15498 15402 15372 15854
GDP From Manufacturing (USD Million) 16246.00 17180 17109 16620 16587 17503
GDP From Mining (USD Million) 5395.00 5832 5530 5519 5508 5657
GDP From Public Administration (USD Million) 22843.00 26101 24234 23368 23323 24791
GDP From Services (USD Million) 33736.00 32383 35457 34512 34444 36273
GDP From Transport (USD Million) 20842.00 21581 21814 21321 21280 22315
GDP From Utilities (USD Million) 6133.00 6327 6134 6274 6262 6275
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 7.80 7.6 7.4 7.2 7 7
Youth Unemployment Rate (%) 18.20 19.3 19.1 19 19.8 18
Unemployed Persons 105400.00 112000 100000 100000 99000 98000
Employment Rate (%) 91.60 92.8 93.6 93.9 94.1 94.4
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 4.30 3.7 4.5 5 4.7 4
Inflation Rate Mom (%) 1.10 1.2 1.1 0.8 0.5 1.3
Food Inflation (%) 7.80 5 5 4.6 4.3 4.2
Cpi Housing Utilities (Index Points) 246.10 269 261 260 261 272
Cpi Transportation (Index Points) 214.70 224 222 224 223 231
Consumer Price Index Cpi (Index Points) 261.20 265 266 269 271 277
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 0.50 0.5 0.5 0.5 0.75 0.75
Deposit Interest Rate (%) 3.20 3.2 3.2 3.2 3.45 3.45
Foreign Exchange Reserves (USD Million) 3212.56 3340 3400 3450 3500 3600
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Thousand) -1099466.48 -1192000 -1360000 -1190000 -1190000 -1415000
Current Account (USD Million) -185.24 -280 -200 -150 -60 -150
Current Account to GDP (%) -2.80 -2.5 -2.5 -2.3 -2.3 -2.3
Imports (USD Thousand) 1617530.53 1500000 1700000 1600000 1450000 1800000
Exports (USD Thousand) 518064.00 308000 340000 410000 450000 385000
Tourist Arrivals (people) 285001.00 280000 470000 475000 390000 485000
Foreign Direct Investment (USD Million) 197.10 285 285 285 285 290
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 103.30 92 92 90 90 90
Government Budget (% of GDP) -0.10 0.3 0.3 0.4 0.4 0.4
Government Debt (USD Million) 2050180.00 2120000 2070000 2070000 2068000 2060000
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 16.50 16.5 16.5 16.5 16.5 16.5
Social Security Rate (%) 18.75 18.75 18.75 18.75 18.75 18.75
Consumer Actual Q3 Q4 Q1 Q2 2020
Gasoline Prices (USD/Liter) 0.93 0.9 0.88 0.86 0.83 0.83


This page has economic forecasts for Jamaica including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Jamaica economy.