Primary net lending (+) / net borrowing (-) … net Percent GDP in Jamaica
Jamaica: Primary net lending (+) / net borrowing (-) … net Percent GDP was 2.8 in 2031. ▼ Falling
Primary net lending (+) / net borrowing (-), General government in Jamaica, 1990–2031
Source: International Monetary Fund.
Analysis
Jamaica recorded 2.8 for primary net lending (+) / net borrowing (-), general government in 2031.
Compared with earlier readings it is down 0.3% on the previous year and down 55.2% over ten years.
Over the whole period, primary net lending (+) / net borrowing (-), general government in Jamaica peaked at 10.24 in 2003 and was at its lowest, 0.6035, in 2026.
Jamaica ranks 8th of 36 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Primary net lending (+) / net borrowing (-) … net Percent GDP in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 9.54 | — |
| 1991 | 9.47 | -0.7% |
| 1992 | 8.98 | -5.2% |
| 1993 | 8.83 | -1.6% |
| 1994 | 9.91 | +12.2% |
| 1995 | 8.78 | -11.4% |
| 1996 | 4.32 | -50.8% |
| 1997 | 1.47 | -65.9% |
| 1998 | 4.61 | +213.0% |
| 1999 | 7.93 | +72.0% |
| 2000 | 9.81 | +23.7% |
| 2001 | 6.71 | -31.6% |
| 2002 | 5.91 | -11.9% |
| 2003 | 10.24 | +73.3% |
| 2004 | 9.98 | -2.6% |
| 2005 | 9.6 | -3.8% |
| 2006 | 6.9 | -28.1% |
| 2007 | 7.67 | +11.1% |
| 2008 | 4.81 | -37.3% |
| 2009 | 6.03 | +25.3% |
| 2010 | 4.5 | -25.3% |
| 2011 | 3.09 | -31.4% |
| 2012 | 5.26 | +70.3% |
| 2013 | 7.44 | +41.4% |
| 2014 | 7.28 | -2.1% |
| 2015 | 6.8 | -6.6% |
| 2016 | 7.15 | +5.0% |
| 2017 | 7.01 | -1.9% |
| 2018 | 6.99 | -0.3% |
| 2019 | 6.58 | -5.8% |
| 2020 | 3.25 | -50.7% |
| 2021 | 6.25 | +92.4% |
| 2022 | 5.26 | -15.7% |
| 2023 | 5.19 | -1.4% |
| 2024 | 5.37 | +3.4% |
| 2025 | 1.34 | -75.0% |
| 2026 | 0.6035 | -55.0% |
| 2027 | 1.88 | +211.6% |
| 2028 | 2.65 | +40.7% |
| 2029 | 2.85 | +7.6% |
| 2030 | 2.8 | -1.6% |
| 2031 | 2.8 | -0.3% |
Jamaica compared with similar countries
- Jamaica's 2.8 is above the median for Latin America & Caribbean, which is 0.9922, 2.8× the median. (34 countries reporting)
- Jamaica's 2.8 is above the median for upper middle income countries, which is 1.46, 1.9× the median. (17 countries reporting)
Biggest year-on-year movements
Years where Primary net lending (+) / net borrowing (-) … net Percent GDP 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 |
|---|---|---|---|
| 1998 | +213.0% | 1.47 | 4.61 |
| 2027 | +211.6% | 0.6035 | 1.88 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.38 | 1.47 | 9.91 | 10 |
| 2000s | 7.77 | 4.81 | 10.24 | 10 |
| 2010s | 6.21 | 3.09 | 7.44 | 10 |
| 2020s | 3.46 | 0.6035 | 6.25 | 10 |
| 2030s | 2.8 | 2.8 | 2.8 | 2 |
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 primary net lending (+) / net borrowing (-), general government in Jamaica?
- Primary net lending (+) / net borrowing (-), general government in Jamaica was 2.8 in 2031, according to International Monetary Fund.
- What is the highest primary net lending (+) / net borrowing (-), general government recorded in Jamaica?
- The highest recorded value was 10.24 in 2003.
- What is the lowest primary net lending (+) / net borrowing (-), general government recorded in Jamaica?
- The lowest recorded value was 0.6035 in 2026.
- How does Jamaica rank for primary net lending (+) / net borrowing (-), general government?
- Jamaica ranks 8th out of 36 countries with data for 2031.
- Is primary net lending (+) / net borrowing (-), general government rising or falling in Jamaica?
- Over the last ten years it is down 55.2%. 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 Primary net lending (+) / net borrowing (-), 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.