Markets Actual Q2 Q3 Q4 Q1 2020
Currency 128.74 134 135 137 138 140
Stock Market (points) 436261.66 426615 421783 417036 412333 403055
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) -0.80 1.3 1.6 -0.3 0.2 1.3
GDP Annual Growth Rate (%) 2.00 1.7 1.9 2.2 2.3 2.3
Unemployment Rate (%) 8.00 7.9 7.1 6.9 6.7 6.3
Inflation Rate (%) 4.00 3.5 4 4.5 5 4
Interest Rate (%) 0.75 0.75 0.75 0.5 0.5 1
Balance of Trade (USD Thousand) -1099466.48 -1020000 -1192000 -1360000 -1190000 -1415000
Current Account (USD Million) -109.27 -170 -480 -415 -150 -350
Current Account to GDP (%) -2.80 -2.5 -2.5 -2.5 -2.3 -2.3
Government Debt to GDP (%) 103.30 92 92 92 90 90
Government Budget (% of GDP) -0.10 0.3 0.3 0.3 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 Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) -0.80 1.3 1.6 -0.3 0.2 1.3
GDP Annual Growth Rate (%) 2.00 1.7 1.9 2.2 2.3 2.3
GDP (USD Billion) 14.77 15.8 15.8 15.8 15.8 15.8
GDP per capita (USD) 4798.21 5200 5200 5200 5350 5350
GDP per capita PPP (USD) 8193.60 8320 8320 8320 8450 8450
GDP Constant Prices (USD Million) 196812.00 196044 191731 194105 194295 198570
GDP From Agriculture (USD Million) 13258.00 15788 12567 12723 12735 13016
GDP From Construction (USD Million) 13652.00 12875 13782 13952 13966 14273
GDP From Manufacturing (USD Million) 16741.00 16065 17020 17231 17248 17627
GDP From Mining (USD Million) 5411.00 5066 5777 5849 5855 5983
GDP From Public Administration (USD Million) 23712.00 24586 25857 26178 26203 26780
GDP From Services (USD Million) 34694.00 33456 32081 32478 32510 33225
GDP From Transport (USD Million) 21344.00 22058 21380 21645 21666 22143
GDP From Utilities (USD Million) 6002.00 6322 6268 6346 6352 6492
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 8.00 7.9 7.1 6.9 6.7 6.3
Youth Unemployment Rate (%) 19.70 20 19.3 19.1 19 18
Unemployed Persons 107500.00 115000 112000 100000 100000 120000
Employment Rate (%) 91.60 92.1 92.8 93.6 93.9 94.4
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 4.00 3.5 4 4.5 5 4
Inflation Rate Mom (%) 0.10 0.3 1.2 1.1 1.2 1.3
Food Inflation (%) 5.80 5.3 5 5 4.6 4.2
Cpi Housing Utilities (Index Points) 243.60 248 269 261 260 272
Cpi Transportation (Index Points) 214.40 221 225 222 224 231
Consumer Price Index Cpi (Index Points) 256.80 257 266 266 269 277
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 0.75 0.75 0.75 0.5 0.5 1
Deposit Interest Rate (%) 3.70 3.7 3.7 3.7 3.7 3.95
Foreign Exchange Reserves (USD Million) 3277.74 3300 3340 3400 3450 3600
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Thousand) -1099466.48 -1020000 -1192000 -1360000 -1190000 -1415000
Current Account (USD Million) -109.27 -170 -480 -415 -150 -350
Current Account to GDP (%) -2.80 -2.5 -2.5 -2.5 -2.3 -2.3
Imports (USD Thousand) 1617530.53 1400000 1500000 1700000 1600000 1800000
Exports (USD Thousand) 518064.00 380000 308000 340000 410000 385000
Tourist Arrivals (people) 448151.00 360000 280000 470000 475000 485000
Foreign Direct Investment (USD Million) 187.00 285 196 285 285 290
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 103.30 92 92 92 90 90
Government Budget (% of GDP) -0.10 0.3 0.3 0.3 0.4 0.4
Government Debt (USD Million) 2093471.00 2100000 2120000 2070000 2070000 2080000
Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2020
Gasoline Prices (USD/Liter) 1.01 1.02 0.99 0.97 0.94 0.94


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.