Jamaica GDP (2026): History, Growth Rate & Projections

Nominal Gross Domestic Product (GDP) of Jamaica is $23.03 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is -1.2%. GDP per capita is $8,356.

Jamaica GDP Trend

Nominal GDP of Jamaica has grown from $2.63 billion in 1980 to $23.03 billion in 2026.

Jamaica GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Jamaica. Hover any bar to see the exact value for that year.

Average Growth

1.30%

Best Year

1987 (+7.7%)

Worst Year

2020 (-8.3%)

Years of Contraction

13 of 47

GDP per capita in Jamaica rose from $8,106 in 2025 to $8,356 in 2026, an increase of 3.1%.

"Jamaica GDP", "Jamaica gross domestic product", and "Jamaica economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Jamaica

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Jamaica for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.

Jamaica nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2026	$23,028,000,000	-1.2%	$8,356	0.11%
2025	$22,313,000,000	-0.1%	$8,106	0.11%
2024	$21,900,000,000	-0.5%	$7,965	0.11%
2023	$21,299,000,000	2.7%	$7,755	0.15%
2022	$18,710,000,000	6.4%	$6,820	0.11%
2021	$15,982,000,000	5.7%	$5,832	0.11%
2020	$15,079,000,000	-8.3%	$5,509	0.11%
2019	$17,002,000,000	1.8%	$6,218	0.11%
2018	$16,767,000,000	2.5%	$6,139	0.18%
2017	$15,726,000,000	2.3%	$5,769	0.15%
2016	$14,931,000,000	2.8%	$5,486	0.11%
2015	$14,927,000,000	1.4%	$5,489	0.11%
2014	$14,225,000,000	0.6%	$5,238	0.11%
2013	$14,582,000,000	0.2%	$5,374	0.11%
2012	$15,149,000,000	-0.5%	$5,590	0.26%
2011	$14,787,000,000	1.4%	$5,471	0.26%
2010	$13,535,000,000	-1.4%	$5,021	0.37%
2009	$12,421,000,000	-3.4%	$4,624	0.34%
2008	$14,099,000,000	-0.8%	$5,268	0.37%
2007	$13,215,000,000	1.4%	$4,955	0.34%
2006	$12,256,000,000	2.9%	$4,611	0.38%
2005	$11,524,000,000	0.9%	$4,352	0.34%
2004	$10,439,000,000	1.3%	$3,956	0.38%
2003	$9,675,000,000	3.7%	$3,680	0.34%
2002	$9,971,000,000	0.7%	$3,806	0.58%
2001	$9,433,000,000	1.3%	$3,621	0.89%
2000	$9,300,000,000	0.8%	$3,602	0.9%
1999	$9,118,000,000	1%	$3,564	0.99%
1998	$9,015,000,000	-1.2%	$3,558	1%
1997	$8,618,000,000	-1.6%	$3,434	0.97%
1996	$7,586,000,000	0.2%	$3,052	0.93%
1995	$6,719,000,000	2.5%	$2,729	0.9%
1994	$5,594,000,000	1.9%	$2,293	0.87%
1993	$5,581,000,000	2.2%	$2,308	0.83%
1992	$4,440,000,000	2.8%	$1,851	0.76%
1991	$4,396,000,000	0.8%	$1,847	0.68%
1990	$4,784,000,000	4.9%	$2,023	1.76%
1989	$3,788,000,000	4.7%	$1,630	0.17%
1988	$3,267,000,000	-4%	$1,408	0.61%
1987	$2,741,000,000	7.7%	$1,189	0.7%
1986	$2,431,000,000	7%	$1,062	0.93%
1985	$2,045,000,000	-0.9%	$901	1.52%
1984	$2,174,000,000	0.9%	$973	0.22%
1983	$2,950,000,000	4.2%	$1,323	2.01%
1982	$3,319,000,000	3.1%	$1,518	1.67%
1981	$2,891,000,000	4.4%	$1,345	1.8%
1980	$2,631,000,000	-4%	$1,246	—

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Jamaica GDP Projections (IMF)

IMF projects nominal GDP for Jamaica through 2031, based on current growth and inflation assumptions.

Jamaica nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2031	$27,472,000,000	1.5%	$9,912	0.11%
2030	$26,580,000,000	1.5%	$9,601	0.14%
2029	$25,717,000,000	1.5%	$9,300	0.11%
2028	$24,838,000,000	1.8%	$8,992	0.11%
2027	$23,932,000,000	3.1%	$8,674	0.11%

Compare Jamaica to Nearby-Ranked Economies

Jamaica ranks #133 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#132Mozambique GDP #134Botswana GDP

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Frequently Asked Questions

What is the GDP of Jamaica?

The nominal GDP of Jamaica in 2026 is $23.03 billion, according to the IMF World Economic Outlook (April 2026). This ranks Jamaica 133th in the world by nominal GDP.

What is the GDP growth rate of Jamaica?

The GDP growth rate of Jamaica in 2026 is -1.2%, per IMF estimates.

What is the GDP per capita of Jamaica?

GDP per capita in Jamaica in 2026 is $8,356, per IMF data.

Is the GDP of Jamaica expected to grow?

IMF projects the nominal GDP of Jamaica to reach $27.47 billion by 2031, up from $23.03 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.