The gross domestic product (GDP) in current prices in Jamaica was forecast to continuously increase between 2024 and 2029 by in total 3.7 billion U.S. dollars (+18.41 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 23.76 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Dominica, Haiti and St. Lucia.
Jamaica: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
23.76
2028*
23
2027*
22.26
2026*
21.54
2025*
20.86
2024*
20.1
2023*
18.88
2022
17
2021
14.67
2020
13.88
2019
15.81
2018
15.65
2017
14.76
2016
14.11
2015
14.15
2014
13.87
2013
14.21
2012
14.77
2011
14.41
2010
13.19
2009
12.11
2008
13.74
2007
12.88
2006
11.95
2005
11.23
2004
10.18
2003
9.43
2002
9.72
2001
9.2
2000
9.06
1999
8.89
1998
8.79
1997
8.4
1996
7.39
1995
6.55
1994
5.45
1993
5.44
1992
4.33
1991
4.28
1990
4.66
1989
3.69
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IMF. (April 22, 2024). Jamaica: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/527074/gross-domestic-product-gdp-in-jamaica/
IMF. "Jamaica: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. April 22, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/527074/gross-domestic-product-gdp-in-jamaica/
IMF. (2024). Jamaica: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/527074/gross-domestic-product-gdp-in-jamaica/
IMF. "Jamaica: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/527074/gross-domestic-product-gdp-in-jamaica/
IMF, Jamaica: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/527074/gross-domestic-product-gdp-in-jamaica/ (last visited September 01, 2024)
Jamaica: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/527074/gross-domestic-product-gdp-in-jamaica/