Jamaica Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Jamaica's budget deficit stood at 0.01% in 2025, a decline of +0.21% from 2024. The IMF projects 0.01% by 2025. Jamaica ranked 33rd globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -0.72% | - | - |
| 2029* IMF | -0.56% | - | - |
| 2028* IMF | -0.60% | - | - |
| 2027* IMF | -0.75% | - | - |
| 2026* IMF | -0.87% | - | - |
| 2025* IMF | 0.01% | - | - |
| 2025 | 0.01% | −0.21% | #33 |
| 2024 | 0.22% | +0.18% | #153 |
| 2023 | 0.04% | −0.22% | #150 |
| 2022 | 0.26% | −0.58% | #152 |
| 2021 | 0.84% | +3.71% | #173 |
| 2020 | -2.87% | −3.71% | #152 |
| 2019 | 0.85% | −0.26% | #153 |
| 2018 | 1.10% | +0.68% | #150 |
| 2017 | 0.43% | +0.61% | #156 |
| 2016 | -0.18% | +0.09% | #146 |
| 2015 | -0.28% | +0.21% | #159 |
| 2014 | -0.48% | −0.60% | #143 |
| 2013 | 0.12% | +4.09% | #154 |
| 2012 | -3.97% | +2.27% | #57 |
| 2011 | -6.24% | −0.07% | #25 |
Detected Pattern
Analysis
Jamaica matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Jamaica's budget deficit was 0.01% in 2025. Ranked 33rd globally. This represents a 96.8% decrease from the previous year.
Jamaica's budget deficit peaked at 3.14% in 1991.
The lowest budget deficit in Jamaica was -10.84% in 2009.
Jamaica ranks 33rd globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Jamaica's budget deficit is projected to reach 0.01% by 2025 based on IMF projection.
The budget deficit of Jamaica in 2025 was 0.01%. This ranks 33rd in the world.
Cite this page
@misc{historysaid_jamaica_budget-deficit,
title = {Jamaica Budget Deficit},
url = {https://historysaid.com/jamaica/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}