Gross debt, General government, Percent of GDP in Jamaica
Jamaica: Gross debt, General government, Percent of GDP was 60.53 in 2031. ▼ Falling
Gross debt, General government, Percent of GDP in Jamaica, 1999–2031
Source: International Monetary Fund.
Analysis
Jamaica recorded 60.53 for gross debt, general government, percent of gdp in 2031. That is the lowest value across all 33 years on record.
That represents a change of down 1.8% on the previous year and down 29.8% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Jamaica peaked at 140.25 in 2012 and was at its lowest, 60.53, in 2031.
Jamaica ranks 17th of 36 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Gross debt, General government, Percent of GDP in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 80.66 | — |
| 2000 | 89.49 | +10.9% |
| 2001 | 105.27 | +17.6% |
| 2002 | 115.41 | +9.6% |
| 2003 | 120.08 | +4.0% |
| 2004 | 116.9 | -2.7% |
| 2005 | 121.51 | +3.9% |
| 2006 | 114.16 | -6.1% |
| 2007 | 111.58 | -2.3% |
| 2008 | 123.81 | +11.0% |
| 2009 | 138.34 | +11.7% |
| 2010 | 137.82 | -0.4% |
| 2011 | 135.94 | -1.4% |
| 2012 | 140.25 | +3.2% |
| 2013 | 135.23 | -3.6% |
| 2014 | 134.4 | -0.6% |
| 2015 | 115.93 | -13.7% |
| 2016 | 106.91 | -7.8% |
| 2017 | 95.1 | -11.0% |
| 2018 | 88.26 | -7.2% |
| 2019 | 87.72 | -0.6% |
| 2020 | 101.27 | +15.4% |
| 2021 | 86.28 | -14.8% |
| 2022 | 70.17 | -18.7% |
| 2023 | 66.55 | -5.2% |
| 2024 | 62.46 | -6.1% |
| 2025 | 67.71 | +8.4% |
| 2026 | 65.79 | -2.8% |
| 2027 | 65.02 | -1.2% |
| 2028 | 63.8 | -1.9% |
| 2029 | 62.81 | -1.6% |
| 2030 | 61.63 | -1.9% |
| 2031 | 60.53 | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 80.66 | 80.66 | 80.66 | 1 |
| 2000s | 115.66 | 89.49 | 138.34 | 10 |
| 2010s | 117.76 | 87.72 | 140.25 | 10 |
| 2020s | 71.19 | 62.46 | 101.27 | 10 |
| 2030s | 61.08 | 60.53 | 61.63 | 2 |
Countries ranked near Jamaica
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 gross debt, general government, percent of gdp in Jamaica?
- Gross debt, general government, percent of gdp in Jamaica was 60.53 in 2031, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Jamaica?
- The highest recorded value was 140.25 in 2012.
- What is the lowest gross debt, general government, percent of gdp recorded in Jamaica?
- The lowest recorded value was 60.53 in 2031.
- How does Jamaica rank for gross debt, general government, percent of gdp?
- Jamaica ranks 17th out of 36 countries with data for 2031.
- Is gross debt, general government, percent of gdp rising or falling in Jamaica?
- Over the last ten years it is down 29.8%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.