Nomad Watch
Notifications
Loading…
JM

Jamaica

JM · JAM · #160 · 8 cities

Nomad score 52/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$16,252
GDP (2031)
$27.5B
GDP growth (2031)
1.5% →
Inflation (2031)
5.0% →
Unemployment (2025)
3.4% ↓
Population (2031)
2.8M
Population growth (2031)
0.1% ↓
Gini index (2021)
39.9
Government debt (2031)
60.5% of GDP
Current account (2031)
0.5% of GDP
FDI inflows (2024)
$305.1M
Life expectancy (2024)
71.6 yrs
Health spending (2023)
7.6% of GDP
Internet users (2024)
90.1%
Mobile subscriptions (2024)
117.7/100
Exchange rate (2025)
159.10/USD
Foreign reserves (2025)
$6.3B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
60.5% of GDP
Current account (2031)
0.5% of GDP
FDI inflows (2024)
$305.1M

Income inequality (Gini)

Gini index (2021)
0.40
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
2.60/1k
Tax revenue (2020)
23.7% of GDP
Services sector (2025)
59.8% of GDP

Financial access and costs

ATMs per 100k (2024)
39.0
Bank branches per 100k (2024)
6.9
ICT service exports (2024)
2.4%
Goods and services tax (2020)
16.0%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $27.5B $16,252 1.5% 5.0% - 2.8M - 60.5% 0.5% - - - - -
2030 * $26.6B $15,742 1.5% 5.0% - 2.8M - 61.6% 0.2% - - - - -
2029 * $25.7B $15,252 1.5% 5.0% - 2.8M - 62.8% -1.0% - - - - -
2028 * $24.8B $14,747 1.8% 5.0% - 2.8M - 63.8% -3.6% - - - - -
2027 * $23.9B $14,225 3.1% 5.5% - 2.8M - 65.0% -6.6% - - - - -
2026 * $23.0B $13,702 -1.2% 6.1% - 2.8M - 65.8% -6.0% - - - - -
2025 $22.3B $13,291 -0.1% 3.9% 3.4% 2.8M - 67.7% 1.2% - - - - 159.10
2024 $21.9B $12,909 -0.5% 5.5% 4.2% 2.8M - 62.5% 2.9% $305.1M 71.6 - 90.1% 156.44
2023 $21.3B $12,661 2.7% 6.5% 4.4% 2.7M - 66.5% 2.7% $492.4M 71.5 7.6% 89.5% 154.16
2022 $18.7B $11,886 6.4% 10.3% 6.3% 2.7M - 70.2% -0.7% $318.7M 71.5 8.7% 85.8% 153.43
2021 $16.0B $10,431 5.7% 5.9% 8.4% 2.7M 39.9 86.3% 0.9% $320.5M 69.1 8.0% 82.4% 150.79
2020 $15.1B $9,764 -8.3% 5.2% 10.2% 2.7M - 101.3% -1.0% $265.1M 71.5 7.5% 76.4% 142.40
2019 $17.0B $10,845 1.8% 3.9% 7.7% 2.7M - 87.7% -1.8% $665.4M 71.5 7.0% 70.8% 133.31
2018 $16.8B $10,753 2.5% 3.7% 9.1% 2.7M 35.3 88.3% -1.4% $774.6M 71.6 6.8% 68.2% 128.87
2017 $15.7B $10,466 2.3% 4.4% 11.7% 2.7M - 95.1% -2.5% $888.8M 71.9 7.0% 55.1% 127.96
2016 $14.9B $9,948 2.8% 2.3% 13.2% 2.7M - 106.9% -0.3% $928.0M 72.1 6.6% 44.4% 125.10
2015 $14.9B $9,476 1.4% 3.7% 13.5% 2.7M - 115.9% -2.9% $925.0M 72.2 6.6% 42.2% 116.97
2014 $14.2B $9,210 0.6% 8.3% 13.8% 2.7M - 134.4% -7.8% $582.1M 72.4 6.3% 40.4% 110.93
2013 $14.6B $9,101 0.2% 9.4% 15.3% 2.7M - 135.2% -9.3% $544.7M 72.4 6.3% 37.1% 100.40
2012 $15.1B $8,831 -0.5% 6.9% 13.9% 2.7M - 140.3% -9.5% $413.3M 72.4 6.2% 33.8% 88.75
2011 $14.8B $8,809 1.4% 7.5% 12.4% 2.7M - 135.9% -13.3% $172.8M 72.3 6.5% 37.4% 85.89
2010 $13.5B $8,521 -1.4% 12.6% 12.4% 2.7M - 137.8% -6.9% $185.8M 72.0 6.4% 27.7% 87.20
2009 $12.4B $8,580 -3.4% 9.6% 11.4% 2.7M - 138.3% -9.1% $485.2M 71.7 6.4% 24.3% 87.89
2008 $14.1B $8,952 -0.8% 22.0% 10.6% 2.7M - 123.8% -19.8% $1.4B 71.5 6.7% 23.6% 72.76
2007 $13.2B $8,893 1.4% 9.3% 9.9% 2.7M - 111.6% -15.4% $811.9M 71.4 6.2% 21.1% 69.19
2006 $12.3B $8,577 2.9% 8.5% 10.3% 2.7M - 114.2% -9.7% $842.3M 71.4 5.5% 16.4% 65.74
2005 $11.5B $8,127 0.9% 15.1% 11.2% 2.6M - 121.5% -9.3% $637.9M 71.5 5.8% 12.8% 62.28
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

Continue exploring Jamaica