Debt service on external debt, public and publicly guaranteed (PPG) in Jamaica
Jamaica: Debt service on external debt, public and publicly guaranteed (PPG) was 0.0509 TDS, current US$ per US$ of GDP in 2024. ▲ Rising
Debt service on external debt, public and publicly guaranteed (PPG) in Jamaica, 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Jamaica stood at 0.0509 TDS, current US$ per US$ of GDP.
That represents a change of down 21.9% on the previous year and down 23.3% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Jamaica peaked at 0.1727 TDS, current US$ per US$ of GDP in 1986 and was at its lowest, 0.0109 TDS, current US$ per US$ of GDP, in 1970.
That places Jamaica 14th out of 122 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Debt service on external debt, public and publicly guaranteed (PPG) in Jamaica, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0109 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0129 TDS, current US$ per US$ of GDP | +18.5% |
| 1972 | 0.0157 TDS, current US$ per US$ of GDP | +22.0% |
| 1973 | 0.0203 TDS, current US$ per US$ of GDP | +29.2% |
| 1974 | 0.0275 TDS, current US$ per US$ of GDP | +35.4% |
| 1975 | 0.0287 TDS, current US$ per US$ of GDP | +4.4% |
| 1976 | 0.0382 TDS, current US$ per US$ of GDP | +33.1% |
| 1977 | 0.0488 TDS, current US$ per US$ of GDP | +27.8% |
| 1978 | 0.077 TDS, current US$ per US$ of GDP | +57.7% |
| 1979 | 0.0857 TDS, current US$ per US$ of GDP | +11.4% |
| 1980 | 0.0776 TDS, current US$ per US$ of GDP | -9.4% |
| 1981 | 0.0801 TDS, current US$ per US$ of GDP | +3.2% |
| 1982 | 0.074 TDS, current US$ per US$ of GDP | -7.6% |
| 1983 | 0.0749 TDS, current US$ per US$ of GDP | +1.2% |
| 1984 | 0.1157 TDS, current US$ per US$ of GDP | +54.5% |
| 1985 | 0.1695 TDS, current US$ per US$ of GDP | +46.5% |
| 1986 | 0.1727 TDS, current US$ per US$ of GDP | +1.9% |
| 1987 | 0.1326 TDS, current US$ per US$ of GDP | -23.2% |
| 1988 | 0.1173 TDS, current US$ per US$ of GDP | -11.5% |
| 1989 | 0.0923 TDS, current US$ per US$ of GDP | -21.3% |
| 1990 | 0.1054 TDS, current US$ per US$ of GDP | +14.2% |
| 1991 | 0.134 TDS, current US$ per US$ of GDP | +27.1% |
| 1992 | 0.1566 TDS, current US$ per US$ of GDP | +16.9% |
| 1993 | 0.0777 TDS, current US$ per US$ of GDP | -50.4% |
| 1994 | 0.0844 TDS, current US$ per US$ of GDP | +8.7% |
| 1995 | 0.0788 TDS, current US$ per US$ of GDP | -6.6% |
| 1996 | 0.0726 TDS, current US$ per US$ of GDP | -7.9% |
| 1997 | 0.0642 TDS, current US$ per US$ of GDP | -11.6% |
| 1998 | 0.0472 TDS, current US$ per US$ of GDP | -26.5% |
| 1999 | 0.0586 TDS, current US$ per US$ of GDP | +24.1% |
| 2000 | 0.062 TDS, current US$ per US$ of GDP | +5.7% |
| 2001 | 0.0731 TDS, current US$ per US$ of GDP | +18.0% |
| 2002 | 0.0819 TDS, current US$ per US$ of GDP | +12.0% |
| 2003 | 0.0847 TDS, current US$ per US$ of GDP | +3.5% |
| 2004 | 0.0794 TDS, current US$ per US$ of GDP | -6.3% |
| 2005 | 0.0804 TDS, current US$ per US$ of GDP | +1.3% |
| 2006 | 0.0615 TDS, current US$ per US$ of GDP | -23.5% |
| 2007 | 0.0818 TDS, current US$ per US$ of GDP | +33.0% |
| 2008 | 0.0692 TDS, current US$ per US$ of GDP | -15.4% |
| 2009 | 0.1031 TDS, current US$ per US$ of GDP | +49.0% |
| 2010 | 0.0624 TDS, current US$ per US$ of GDP | -39.4% |
| 2011 | 0.0843 TDS, current US$ per US$ of GDP | +35.0% |
| 2012 | 0.0741 TDS, current US$ per US$ of GDP | -12.1% |
| 2013 | 0.0542 TDS, current US$ per US$ of GDP | -26.8% |
| 2014 | 0.0663 TDS, current US$ per US$ of GDP | +22.3% |
| 2015 | 0.0758 TDS, current US$ per US$ of GDP | +14.2% |
| 2016 | 0.1171 TDS, current US$ per US$ of GDP | +54.5% |
| 2017 | 0.0787 TDS, current US$ per US$ of GDP | -32.8% |
| 2018 | 0.0621 TDS, current US$ per US$ of GDP | -21.0% |
| 2019 | 0.1152 TDS, current US$ per US$ of GDP | +85.5% |
| 2020 | 0.0716 TDS, current US$ per US$ of GDP | -37.9% |
| 2021 | 0.064 TDS, current US$ per US$ of GDP | -10.6% |
| 2022 | 0.0577 TDS, current US$ per US$ of GDP | -9.9% |
| 2023 | 0.0651 TDS, current US$ per US$ of GDP | +12.9% |
| 2024 | 0.0509 TDS, current US$ per US$ of GDP | -21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0366 TDS, current US$ per US$ of GDP | 0.0109 TDS, current US$ per US$ of GDP | 0.0857 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.1107 TDS, current US$ per US$ of GDP | 0.074 TDS, current US$ per US$ of GDP | 0.1727 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.088 TDS, current US$ per US$ of GDP | 0.0472 TDS, current US$ per US$ of GDP | 0.1566 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0777 TDS, current US$ per US$ of GDP | 0.0615 TDS, current US$ per US$ of GDP | 0.1031 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.079 TDS, current US$ per US$ of GDP | 0.0542 TDS, current US$ per US$ of GDP | 0.1171 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0618 TDS, current US$ per US$ of GDP | 0.0509 TDS, current US$ per US$ of GDP | 0.0716 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Jamaica
- 11 Saint Kitts and Nevis 0.0575 TDS, current US$ per US$ of GDP compare
- 12 Mongolia 0.0571 TDS, current US$ per US$ of GDP compare
- 13 Montenegro 0.0551 TDS, current US$ per US$ of GDP compare
- 15 Côte d'Ivoire 0.0499 TDS, current US$ per US$ of GDP compare
- 16 Lao People's Democratic Republic 0.0497 TDS, current US$ per US$ of GDP compare
- 17 Cape Verde 0.0474 TDS, current US$ per US$ of GDP compare
More external debt data for Jamaica
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -3,693 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 5.2% (2024)
- Net financial flows, IBRD -21.88 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 14.6% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 49.66 % change on previous year (2024)
- Other investment, Debt instruments 3.86 billion US dollar (2025)
- Use of IMF credit 1.74 billion DOD, current US$ (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Jamaica?
- Debt service on external debt, public and publicly guaranteed (ppg) in Jamaica was 0.0509 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Jamaica?
- The highest recorded value was 0.1727 TDS, current US$ per US$ of GDP in 1986.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Jamaica?
- The lowest recorded value was 0.0109 TDS, current US$ per US$ of GDP in 1970.
- How does Jamaica rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Jamaica ranks 14th out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Jamaica?
- Over the last ten years it is down 23.3%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.