Financial account balance (assets less liabilities), Net (net) in Jamaica
Jamaica: Financial account balance (assets less liabilities), Net (net) was 1.08 billion in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Jamaica, 2005–2024
Source: International Monetary Fund.
Analysis
Jamaica recorded 1.08 billion for financial account balance (assets less liabilities), net (net) in 2024. That is the highest value across all 20 years on record.
That represents a change of up 12.1% on the previous year and up 209.2% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Jamaica peaked at 1.08 billion in 2024 and was at its lowest, -3.13 billion, in 2008.
That places Jamaica 50th out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.08 billion | — |
| 2006 | -1.11 billion | +2.6% |
| 2007 | -1.73 billion | +56.5% |
| 2008 | -3.13 billion | +80.2% |
| 2009 | -1.31 billion | -58.1% |
| 2010 | -785.10 million | -40.1% |
| 2011 | -1.58 billion | +100.9% |
| 2012 | -466.14 million | -70.5% |
| 2013 | -850.66 million | +82.5% |
| 2014 | -989.90 million | +16.4% |
| 2015 | -115.26 million | -88.4% |
| 2016 | 287.70 million | -349.6% |
| 2017 | -1.40 billion | -586.1% |
| 2018 | -1.34 billion | -4.2% |
| 2019 | -619.92 million | -53.8% |
| 2020 | -99.22 million | -84.0% |
| 2021 | 64.90 million | -165.4% |
| 2022 | -572.03 million | -981.4% |
| 2023 | 963.89 million | -268.5% |
| 2024 | 1.08 billion | +12.1% |
Jamaica compared with similar countries
- Jamaica's 1.08 billion is above the median for upper middle income countries, which is -625.20 million. (54 countries reporting)
- Jamaica's 1.08 billion is above the median for Latin America & Caribbean, which is -172.13 million. (37 countries reporting)
Biggest year-on-year movements
Years where Financial account balance (assets less liabilities), Net (net) in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -981.4% | 64.90 million | -572.03 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.67 billion | -3.13 billion | -1.08 billion | 5 |
| 2010s | -785.57 million | -1.58 billion | 287.70 million | 10 |
| 2020s | 287.68 million | -572.03 million | 1.08 billion | 5 |
Countries ranked near Jamaica
More external debt data for Jamaica
- Net financial flows, IBRD 160.84 million NFL, current US$ (2025)
- 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)
- Use of IMF credit 1.66 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 8.27 billion DOD, current US$ (2025)
- External debt stocks, long-term 10.72 billion DOD, current US$ (2025)
- External debt stocks, short-term 2.92 billion DOD, current US$ (2025)
- Short-term debt 19.1% (2025)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 49.66 % change on previous year (2024)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Jamaica?
- Financial account balance (assets less liabilities), net (net) in Jamaica was 1.08 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Jamaica?
- The highest recorded value was 1.08 billion in 2024.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Jamaica?
- The lowest recorded value was -3.13 billion in 2008.
- How does Jamaica rank for financial account balance (assets less liabilities), net (net)?
- Jamaica ranks 50th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Jamaica?
- Over the last ten years it is up 209.2%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.