Macro‑Economic Monitor

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Jamaica economy

Jamaica’s economy grew 0.1% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 4.0% in 2025, and 3.3% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth0.1%2025
Inflation (consumer prices)4.0%2025
Unemployment3.3%2025
GDP (US dollars)$22.7 bn2025
GDP per person (US dollars)$8,0032025
GDP per person (PPP, international dollars)$12,8902024
Current account balance, % of GDP3.1%2024
Budget balance, % of GDP−2.8%2020
Extreme poverty, % of people below $3.00 a day1.4%2021
Population2.8 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.