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Jamaica GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Jamaica's gdp per capita was $8,405 in 2025, ranked 93rd globally. This represents a 8.4% increase from 2024. Data from World Bank, covering 1960–2025.

$8,405 +$651 (+8.4%)
Year 2025 Rank #93 Global Peak $8,405 (2025) Source World Bank

Jamaica GDP per Capita (1960–2025)

Overview

Jamaica's gdp per capita stood at $8,405 in 2025, a rise of +$651 from 2024. The IMF projects $8,405 by 2025. Jamaica ranked 93rd globally.

Jamaica’s GDP per capita has risen from a low of 423.67 in 1960 to an all‑time high of 8,404.91 in 2025, placing the island nation 93rd in the world after 66 years of data. This long‑run ascent reflects structural reforms, diversification of services, and remittance inflows that have steadily lifted average incomes, although the pace has varied across decades. Compared with peers of similar ranking, Jamaica trails Armenia’s 8,968.92 and the Marshall Islands’ 8,286.56, suggesting room for further convergence with comparable small‑economy performers. The dramatic increase from the early post‑colonial trough to the current peak underscores the impact of sustained investment in tourism, energy, and digital infrastructure. Future trajectory will hinge on how effectively Jamaica can deepen productivity gains, manage external debt, and mitigate climate‑related shocks, which together will determine whether the upward trend can be maintained or accelerated.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $10,047 - -
2029* IMF $9,727 - -
2028* IMF $9,404 - -
2027* IMF $9,094 - -
2026* IMF $8,756 - -
2025* IMF $8,405 - -
2025 $8,405 +$651 #93
2024 $7,754 −$1 #102
2023 $7,542 +$723 #105
2022 $6,626 +$794 #114
2021 $5,626 +$117 #119
2020 $5,299 −$919 #119
2019 $6,031 −$109 #119
2018 $5,977 +$208 #120
2017 $5,605 +$119 #120
2016 $5,302 −$187 #119
2015 $5,339 +$101 #118
2014 $4,975 −$399 #127
2013 $5,124 −$466 #124
2012 $5,341 −$130 #123
2011 $5,233 +$211 #121
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 10.3% Real rate -1.1%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Jamaica matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Jamaica's gdp per capita?▾

Jamaica's gdp per capita was $8,405 in 2025. Ranked 93rd globally. This represents a 8.4% increase from the previous year.

What was the highest gdp per capita in Jamaica?▾

Jamaica's gdp per capita peaked at $8,405 in 2025.

What was the lowest gdp per capita in Jamaica?▾

The lowest gdp per capita in Jamaica was $424 in 1960.

How does Jamaica rank in gdp per capita?▾

Jamaica ranks 93rd globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of Jamaica in 2025?▾

Jamaica's gdp per capita is projected to reach $8,405 by 2025 based on IMF projection.

What is the gdp per capita of Jamaica in 2025?▾

The gdp per capita of Jamaica in 2025 was $8,405. This ranks 93rd in the world.

Cite this page

APA
Jamaica GDP per Capita. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/jamaica/gdp-per-capita/
BibTeX
@misc{historysaid_jamaica_gdp-per-capita, title = {Jamaica GDP per Capita}, url = {https://historysaid.com/jamaica/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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