Jamaica Current Account to GDP 2005-2014 | Data | Chart | Calendar

Jamaica recorded a Current Account deficit of 10 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Jamaica averaged -11.94 Percent from 2005 until 2013, reaching an all time high of -7.10 Percent in 2010 and a record low of -20.40 Percent in 2008. Current Account to GDP in Jamaica is reported by the Bank of Jamaica.

   
 
 

Jamaica Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-10.00 -11.70 -7.10 -20.40 2005 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Jamaica Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Jamaica Current Account to GDP - was last refreshed on Thursday, October 23, 2014.

Jamaica Trade Last Previous Highest Lowest Unit
Balance of Trade -900600.00 -1061800.00 -496609.00 -1764428.00 USD Thousand [+]
Exports 364400.00 366500.00 796371.00 308216.00 USD Thousand [+]
Imports 1265000.00 1428300.00 2468828.00 826359.00 USD Thousand [+]
Current Account -100.60 -420.30 2793.30 -2124.00 USD Million [+]
Current Account to GDP -10.00 -11.70 -7.10 -20.40 Percent [+]
Remittances 2038.00 2025.00 2038.00 968.00 USD Million [+]