Jamaica | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 128.38 131 132 133 135 154 [+]
Stock Market 194697.50 186000 184000 182000 181000 152000 points [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.90 0.2 0.3 0.4 0.2 0.1 percent [+]
GDP Annual Growth Rate 2.00 0.6 2.02 0.8 1.89 1.95 percent [+]
GDP 14.01 14.67 14.67 14.37 14.39 15.17 USD Billion [+]
GDP per capita 5000.71 5010 5010 5010 5010 5190 USD [+]
GDP per capita PPP 8528.90 8550 8550 8550 8550 8646 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 12.90 12.56 12.82 12.75 12.79 12.43 percent [+]
Youth Unemployment Rate 27.40 28.12 29.18 28.46 28.83 28.76 percent [+]
Population 2.79 2.79 2.79 2.8 2.8 2.83 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.70 2 2.1 2.5 2.6 3.5 percent [+]
Inflation Rate Mom 0.30 0.44 0.44 0.43 0.43 0.43 percent [+]
Consumer Price Index Cpi 236.30 236 238 238 239 240 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 5.00 5 5 5 5.25 5.75 percent [+]
Deposit Interest Rate 4.90 4.85 5.01 5.17 5.34 5.25 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -723200.00 -764370 -773079 -780600 -786492 -818029 USD Thousand [+]
Exports 342000.00 332041 334072 338500 339376 337756 USD Thousand [+]
Imports 1065500.00 1199558 1089295 1150575 1113035 1133880 USD Thousand [+]
Current Account 6.00 -89.24 -87.28 -86.28 -85.44 -75.2 USD Million [+]
Current Account to GDP -2.30 -4.69 -5.2 -5.72 -6.23 -7.06 percent [+]
Remittances 2226.00 2280 2294 2307 2321 2784 USD Million [+]
Capital Flows -6.00 57.78 59.18 59.34 59.34 59.34 USD Million [+]
Terrorism Index 0.12 0.13 0.13 0.14 0.14 0.14 [+]
Tourist Arrivals 262461.00 306644 311297 309881 310248 310457 people [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 128.40 132 130 129 127 128 percent [+]
Government Budget -0.70 -2.99 -3.28 -3.57 -3.87 -1.75 percent of GDP [+]
Military Expenditure 118.70 122 120 119 120 121 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Ease of Doing Business 67.00 71.42 71.68 71.94 72.21 77.17 [+]
Competitiveness Index 4.13 3.98 3.98 3.98 3.98 4.24 Points [+]
Competitiveness Rank 75.00 79.33 79.33 79.33 79.33 75.2 [+]
Corruption Index 41.00 38.2 38.8 39.41 40.01 37.15 Points [+]
Corruption Rank 69.00 77.69 74.28 70.87 67.47 67.79 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Gasoline Prices 0.76 0.73 0.75 0.76 0.75 0.75 USD/Liter [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Personal Income Tax Rate 25.00 25 25 25 25 25 percent [+]
Sales Tax Rate 16.50 16.5 16.5 16.5 16.5 16.5 percent [+]
Social Security Rate 18.75 18.75 18.75 18.75 18.75 18.75 percent [+]
Social Security Rate For Companies 12.00 12 12 12 12 12 percent [+]
Social Security Rate For Employees 6.75 6.75 6.75 6.75 6.75 6.75 percent [+]





Economic Forecasts for Jamaica including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Jamaica economy. 1/21/2017