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National Debt of Jamaica

1,681,506,634,590 $
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
53.93%
Latest year: 2024
Debt (nominal)
1,681,506,634,590 $
JMD / USD toggle below
GDP (nominal)
3,117,885,139,512 $
Latest year: 2024
Population
2,961,161
Latest year: 2024
Interest per Year
50,445,199,038 $
1,599 $ / second
Debt per Citizen
567,854 $
Based on latest pop
Inflation (CPI, %)
5.41%
Year: 2024
GDP growth (%, real)
-0.72%
Year: 2024
Unemployment (%)
4.89%
Year: 2024
Budget balance (% GDP)
-3.08%
Year: 2020

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Toggle between local currency (JMD) and USD using latest snapshot FX.

Historical Trends

Debt-to-GDP (%)

Inflation (CPI, %)

GDP growth (% real)

Unemployment (%)

Budget balance (% of GDP)

Jamaica Economy Snapshot

The economy of Jamaica shows mixed signals, with a nominal GDP of 3.1 trillion $ and average income of about 1,052,927 $ per person. Moderate inflation at 5.41%, while the economy contracted by 0.72%. Low unemployment around 4.89%, and the government runs a substantial 3.08% fiscal deficit. The current exchange rate is 0.01 USD/JMD.

GDP (nominal)3,117,885,139,512 $
GDP per capita1,052,927 $
Inflation5.41%
GDP growth-0.72%
Unemployment4.89%
Budget balance-3.08%
FX (USD/JMD)0.01

Jamaica Economy Facts

Enough for 3,582,867,934 cups of coffee - a lifetime supply for every citizen.

Debt per citizen: about $3,630 for a population of 2,961,161.

Spending $1M a day would take 29 years to use up the entire debt.

Country Comparison

CountryDebt as % of GDPGDP (USD)
North Macedonia52.65%$ 16.7B
Ivory Coast53.83%$ 86.5B
Jamaica53.93%$ 19.9B
Croatia53.97%$ 92.5B
Costa Rica54.42%$ 95.4B