Primary net lending (+) / net borrowing (-) … Primary Percent GDP in Jamaica
Jamaica: Primary net lending (+) / net borrowing (-) … Primary Percent GDP was 2.69 in 2030. ▼ Falling
Primary net lending (+) / net borrowing (-), General government in Jamaica, 1991–2030
Source: International Monetary Fund.
Analysis
In 2030, primary net lending (+) / net borrowing (-), general government in Jamaica stood at 2.69.
That represents a change of down 8.3% on the previous year and down 16.2% over ten years.
Over the whole period, primary net lending (+) / net borrowing (-), general government in Jamaica peaked at 11.65 in 1991 and was at its lowest, 1.51, in 1997.
That places Jamaica 23rd out of 188 countries with data for 2030, putting it in the top quarter.
The long-run direction has been consistently falling across the 40 years of available data.
Primary net lending (+) / net borrowing (-) … Primary Percent GDP in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 11.65 | — |
| 1992 | 9.83 | -15.6% |
| 1993 | 9.69 | -1.5% |
| 1994 | 10.7 | +10.4% |
| 1995 | 9.18 | -14.2% |
| 1996 | 4.37 | -52.4% |
| 1997 | 1.51 | -65.5% |
| 1998 | 4.68 | +210.3% |
| 1999 | 8.21 | +75.4% |
| 2000 | 10.01 | +22.0% |
| 2001 | 6.87 | -31.4% |
| 2002 | 6.1 | -11.2% |
| 2003 | 10.7 | +75.4% |
| 2004 | 10.25 | -4.2% |
| 2005 | 9.84 | -4.1% |
| 2006 | 7.14 | -27.5% |
| 2007 | 7.93 | +11.1% |
| 2008 | 4.88 | -38.4% |
| 2009 | 6.17 | +26.3% |
| 2010 | 4.58 | -25.8% |
| 2011 | 3.14 | -31.4% |
| 2012 | 5.36 | +70.8% |
| 2013 | 7.6 | +41.7% |
| 2014 | 7.41 | -2.5% |
| 2015 | 6.9 | -6.9% |
| 2016 | 7.29 | +5.6% |
| 2017 | 7.12 | -2.3% |
| 2018 | 7.06 | -0.9% |
| 2019 | 6.65 | -5.9% |
| 2020 | 3.21 | -51.7% |
| 2021 | 6.58 | +105.1% |
| 2022 | 5.51 | -16.2% |
| 2023 | 5.25 | -4.8% |
| 2024 | 5.45 | +3.8% |
| 2025 | 4.83 | -11.4% |
| 2026 | 3.46 | -28.4% |
| 2027 | 3.17 | -8.4% |
| 2028 | 3.01 | -4.8% |
| 2029 | 2.93 | -2.7% |
| 2030 | 2.69 | -8.3% |
Jamaica compared with similar countries
- Jamaica's 2.69 is above the median for upper middle income countries, which is 0.0281, 95.7× the median. (55 countries reporting)
- Jamaica's 2.69 is above the median for Latin America & Caribbean, which is 1.44, 1.9× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Primary net lending (+) / net borrowing (-) … Primary 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 | +210.3% | 1.51 | 4.68 |
| 2021 | +105.1% | 3.21 | 6.58 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.76 | 1.51 | 11.65 | 9 |
| 2000s | 7.99 | 4.88 | 10.7 | 10 |
| 2010s | 6.31 | 3.14 | 7.6 | 10 |
| 2020s | 4.34 | 2.93 | 6.58 | 10 |
| 2030s | 2.69 | 2.69 | 2.69 | 1 |
Countries ranked near Jamaica
- 20 Trinidad and Tobago 2.96 compare
- 21 Saint Vincent and the Grenadines 2.88 compare
- 22 Zambia 2.7 compare
- 24 Cyprus 2.64 compare
- 25 Ecuador 2.36 compare
- 26 Mozambique 2.35 compare
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 2.69 in 2030, according to International Monetary Fund.
- What is the highest primary net lending (+) / net borrowing (-), general government recorded in Jamaica?
- The highest recorded value was 11.65 in 1991.
- What is the lowest primary net lending (+) / net borrowing (-), general government recorded in Jamaica?
- The lowest recorded value was 1.51 in 1997.
- How does Jamaica rank for primary net lending (+) / net borrowing (-), general government?
- Jamaica ranks 23rd out of 188 countries with data for 2030.
- Is primary net lending (+) / net borrowing (-), general government rising or falling in Jamaica?
- Over the last ten years it is down 16.2%. 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
Fiscal Monitor (FM) 2025 October