The Gross Domestic Product (GDP) in Jamaica expanded 0.80 percent in the first quarter of 2025 over the previous quarter. GDP Growth Rate in Jamaica averaged 0.26 percent from 1997 until 2025, reaching an all time high of 9.60 percent in the third quarter of 2020 and a record low of -16.70 percent in the second quarter of 2020. source: Statistical Institute of Jamaica

GDP Growth Rate in Jamaica is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica GDP Growth Rate is projected to trend around 0.50 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-04-01 05:00 PM
GDP Growth Rate QoQ
Q4 1.4% -1.7% 0.3%
2025-07-31 05:00 PM
GDP Growth Rate QoQ
Q1 0.8% 1.4% 0.6%
2025-10-03 04:30 PM
GDP Growth Rate QoQ
Q2 0.8% 1.2%


Related Last Previous Unit Reference
GDP Growth Rate YoY 1.10 -0.50 percent Mar 2025
GDP Constant Prices 433792.00 448732.00 USD Million Mar 2025
GDP from Agriculture 35089.00 33841.00 USD Million Mar 2025
GDP from Construction 27671.00 3201.00 USD Million Mar 2025
GDP from Manufacturing 40524.00 40739.00 USD Million Mar 2025
GDP from Mining 5921.00 4968.00 USD Million Mar 2025
GDP from Public Administration 27094.00 26519.00 USD Million Mar 2025
GDP from Services 67389.00 76371.00 USD Million Mar 2025
GDP from Transport 21432.00 18036.00 USD Million Mar 2025
GDP from Utilities 11632.00 1187.00 USD Million Mar 2025
GDP Growth Rate 0.80 1.70 percent Mar 2025

Jamaica GDP Growth Rate
Jamaica, is a small island nation situated in a strategic position near the Panama Canal, and one of the slowest growing economy in the Caribbean. Services, with tourism employing 10 percent of the population, is the most important sector of the economy and accounts for around 60 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.70 9.60 -16.70 1997 - 2025 percent Quarterly