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Jamaica Government Revenue

General government revenue as % of GDP  GGR_NGDP

29.82% −0.45% (-1.5%)
Year 2025 Rank #74 Global Peak 30.26% (2024) Source IMF WEO

Jamaica Government Revenue (1990–2025)

Overview

Jamaica's government revenue stood at 29.82% in 2025, a decline of +0.45% from 2024. The IMF projects 29.82% by 2025. Jamaica ranked 74th globally.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 28.22% - -
2029* IMF 27.92% - -
2028* IMF 27.90% - -
2027* IMF 27.94% - -
2026* IMF 27.87% - -
2025* IMF 29.82% - -
2025 29.82% −0.45% #74
2024 30.26% +2.55% #76
2023 27.71% +0.33% #88
2022 27.38% −1.03% #96
2021 28.40% +1.14% #79
2020 27.26% −1.07% #85
2019 28.33% −0.31% #83
2018 28.64% +1.32% #83
2017 27.32% +1.03% #85
2016 26.29% +0.62% #94
2015 25.67% +0.09% #97
2014 25.58% −0.88% #104
2013 26.46% +1.38% #98
2012 25.08% +0.15% #107
2011 24.93% −1.24% #105
Show all years (1990-2025)
* 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 government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Jamaica's government revenue?

Jamaica's government revenue was 29.82% in 2025. Ranked 74th globally. This represents a 1.5% decrease from the previous year.

What was the highest government revenue in Jamaica?

Jamaica's government revenue peaked at 30.26% in 2024.

What was the lowest government revenue in Jamaica?

The lowest government revenue in Jamaica was 21.05% in 1992.

How does Jamaica rank in government revenue?

Jamaica ranks 74th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Jamaica in 2025?

Jamaica's government revenue is projected to reach 29.82% by 2025 based on IMF projection.

What is the government revenue of Jamaica in 2025?

The government revenue of Jamaica in 2025 was 29.82%. This ranks 74th in the world.

Cite this page

APA
Jamaica Government Revenue. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/jamaica/government-revenue
BibTeX
@misc{historysaid_jamaica_government-revenue, title = {Jamaica Government Revenue}, url = {https://historysaid.com/jamaica/government-revenue}, publisher = {HistorySaid}, year = {2026} }