Jamaica | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 128.85 130 131 133 134 155 [+]
Stock Market 179831.63 171000 169000 167000 165000 138000 points [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 1.60 0.6 0.2 0.3 0.4 0.1 percent [+]
GDP Annual Growth Rate 1.40 0.6 0.6 1.4 0.8 1.39 percent [+]
GDP 14.01 14.39 14.67 14.67 14.6 15.17 USD Billion [+]
GDP per capita 4997.78 5002 5010 5010 5010 5190 USD [+]
GDP per capita PPP 8528.90 8530 8550 8550 8550 8646 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 13.70 13.59 13.42 13.49 13.46 13.49 percent [+]
Youth Unemployment Rate 29.20 29.61 30.55 31.07 31.27 31.36 percent [+]
Population 2.79 2.8 2.8 2.8 2.8 2.83 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 1.80 1.9 2 2.1 2.5 3.5 percent [+]
Inflation Rate Mom 0.20 0.36 0.43 0.43 0.43 0.43 percent [+]
Consumer Price Index Cpi 234.80 236 237 238 239 240 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 5.00 5 5 5 5 5.75 percent [+]
Deposit Interest Rate 4.90 5.34 5.24 5.14 5.05 5.25 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -680800.00 -742251 -740877 -743735 -747180 -754510 USD Thousand [+]
Exports 267000.00 271348 270328 269240 269218 269577 USD Thousand [+]
Imports 947800.00 881835 970887 921230 937448 927039 USD Thousand [+]
Current Account 60.30 -86.39 -83.88 -82.35 -81.31 -69.65 USD Million [+]
Current Account to GDP -2.30 -6.23 -7.04 -7.85 -8.66 -7.06 percent [+]
Remittances 2226.00 2321 2353 2385 2418 2784 USD Million [+]
Capital Flows -60.30 88.58 90 89.97 89.93 89.92 USD Million [+]
Terrorism Index 0.12 0.14 0.14 0.14 0.14 0.14 [+]
Tourist Arrivals 262461.00 306644 311297 309881 310248 310457 people [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 128.40 127 127 128 128 128 percent [+]
Government Budget -0.70 -3.87 -3.87 -3.87 -3.87 -1.75 percent of GDP [+]
Military Expenditure 118.70 122 120 119 120 121 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Ease of Doing Business 67.00 71.15 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 40.01 39.71 39.4 39.09 37.15 Points [+]
Corruption Rank 69.00 67.47 67.97 68.47 68.97 67.79 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Gasoline Prices 0.85 0.84 0.84 0.84 0.84 0.84 USD/Liter [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/4/2016