Jamaica 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$14.08 billion
↓ 0.79% vs 2015GDP per Capita
$5,009.79
↓ 1.05% vs 2015GDP Growth (Annual %)
1.38%
↑ 0.45pp vs 2015Inflation Rate (CPI %)
2.35%
↓ 1.34pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $14.19 billion | $14.08 billion | -0.79% |
| GDP per Capita | $5,062.90 | $5,009.79 | -1.05% |
| GDP Growth (Annual %) | 0.92% | 1.38% | +0.45pp |
| Inflation (CPI %) | 3.69% | 2.35% | -1.34pp |
| Unemployment Rate (%) | 8.83% | 8.63% | -0.19pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $14.08 billion
- GDP per Capita
- $5,009.79
- GDP Growth (Annual %)
- 1.38%
- Gross National Income
- $13.48 billion
Prices & Employment
- Inflation (CPI %)
- 2.35%
- Inflation (GDP Deflator %)
- 4.66%
- Unemployment Rate (%)
- 8.63%
- Interest Rate (Real %)
- 11.30%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.31%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Jamaica's Gross Domestic Product (GDP) is $14.08 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Jamaica for 2016 is $5,009.79. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Jamaica for 2016 is 2.35%. This measures the annual percentage change in the cost of consumer goods and services.
Jamaica's annual GDP growth rate for 2016 is 1.38%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Jamaica for 2016 is 8.63%. This represents the percentage of the labor force that is unemployed and actively seeking employment.