What is the GDP of Jamaica 2021?
What is the GDP of Jamaica 2021?
Jamaica: Gross domestic product (GDP) in current prices from 1986 to 2026 (in billion U.S. dollars)
| Characteristic | Gross domestic product in billion U.S. dollars |
|---|---|
| 2021* | 14.86 |
| 2020 | 13.97 |
| 2019 | 15.81 |
| 2018 | 15.65 |
What is Jamaica’s GDP per capita 2021?
4650.00 USD
GDP per capita in Jamaica is expected to reach 4650.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica GDP per capita is projected to trend around 4800.00 USD in 2022 and 4850.00 USD in 2023, according to our econometric models.
What is the GDP of the Caribbean?
CARICOM – Caribbean Community
| Countries | Population | Annual GDP |
|---|---|---|
| Bahamas [+] | 393,248 | $11,250M |
| Barbados [+] | 287,371 | $4,366M |
| Belize [+] | 419,000 | $1,706M |
| Dominica [+] | 71,991 | $470M |
How much of Jamaica’s GDP is tourism?
Jamaica – Contribution of travel and tourism to GDP as a share of GDP. In 2019, contribution of travel and tourism to GDP (% of GDP) for Jamaica was 34.7 %.
How much of Jamaica is in poverty?
In Jamaica, the percentage of the population living below the official poverty line was 19.3% in 2017 and according to projections based on GDP per capita growth poverty declined between 2017 and 2019 (Figure 1).
What was the GDP in 2016?
$18,695,100 million
The GDP figure in 2016 was $18,695,100 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $489,100 million with respect to 2015.
Which component of GDP is the largest in the US?
Consumer spending is the biggest component of GDP, accounting for more than two-thirds of the U.S. GDP.1 Consumer confidence, therefore, has a very significant bearing on economic growth.
What is the GDP of Jamaica?
Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country’s economic power. In 2018, Jamaica’s gross domestic product amounted to around 15.46 billion U.S. dollars.
How did Jamaica’s economy perform in Q1 2019?
The economy of Jamaica expanded 1.7 percent year-on-year in the first quarter of 2019, following a 2 percent growth for the previous quarter. Slower expansion was mainly explained by primary activity (+0.3 percent vs +3.1 percent in Q4 2018), mining (+11.1 vs +25.0 percent) manufacturing (-1.4 percent vs +2.0 percent),…
What is the economic outlook for Jamaica in 2020?
In the long-term, the Jamaica GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
What is the current unemployment rate in Jamaica?
The unemployment rate in Jamaica is about 13.2% (April 2015, Statistical Institute of Jamaica ), with youth unemployment more than twice the national rate (38%). However, among Jamaica’s assets are its skilled labor force and strong social and governance indicators.
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