Jamaica Market Capitalization
Market capitalization of listed domestic companies as % of GDP CM.MKT.LCAP.GD.ZS
Jamaica's market capitalization was 48.63% in 2025, ranked 25th globally. This represents a 13.9% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Jamaica's market capitalization stood at 48.63% in 2025, a decline of +7.83% from 2024. Based on recent trends, this figure is projected to reach 48.63% by 2025. Jamaica ranked 25th globally.
Jamaica’s market capitalization has risen from 27.05 in 1993 to 48.63 in 2025, placing the island nation 25th worldwide (World Bank). The trajectory shows a pronounced expansion after a deep trough of 21.13 in 2014, followed by an all‑time peak of 92.61 in 2019, before moderating to the current level. This post‑peak contraction reflects tighter credit conditions and slower equity issuance, yet the market remains larger than that of the Philippines (45.09) and comparable to Jordan (49.77). Over the 25‑year span, the index more than doubled, indicating a gradual deepening of the capital market despite periodic setbacks. Continued reforms to improve corporate governance, broaden investor access, and attract foreign direct investment could reignite growth, potentially restoring the upward momentum seen before 2019.
Data & projection
| Year | Market Capitalization | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 36.14% | - | - |
| 2026* trend | 42.38% | - | - |
| 2025* trend | 48.63% | - | - |
| 2025 | 48.63% | −7.83% | #25 |
| 2024 | 56.46% | −0.34% | #20 |
| 2023 | 56.80% | −12.58% | #22 |
| 2022 | 69.38% | −6.76% | #21 |
| 2021 | 76.14% | −1.87% | #23 |
| 2020 | 78.01% | −14.60% | #20 |
| 2019 | 92.61% | +21.07% | #13 |
| 2018 | 71.53% | +11.95% | #17 |
| 2017 | 59.59% | +16.17% | #28 |
| 2016 | 43.42% | +3.99% | #35 |
| 2015 | 39.43% | +18.30% | #38 |
| 2014 | 21.13% | −2.28% | #60 |
| 2013 | 23.41% | −11.27% | #55 |
| 2011 | 34.68% | +5.30% | #43 |
| 2010 | 29.38% | −32.73% | #53 |
Detected Pattern
Analysis
Jamaica matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw market capitalization improve within 24 months. View full analysis →
Frequently Asked Questions
Jamaica's market capitalization was 48.63% in 2025. Ranked 25th globally. This represents a 13.9% decrease from the previous year.
Jamaica's market capitalization peaked at 92.61% in 2019.
The lowest market capitalization in Jamaica was 21.13% in 2014.
Jamaica ranks 25th globally in market capitalization as of 2025.
The World Bank indicator code is CM.MKT.LCAP.GD.ZS. Data sourced from World Bank.
Jamaica's market capitalization is projected to reach 48.63% by 2025 based on trend extrapolation.
The market capitalization of Jamaica in 2025 was 48.63%. This ranks 25th in the world.
Cite this page
@misc{historysaid_jamaica_market-capitalization,
title = {Jamaica Market Capitalization},
url = {https://historysaid.com/jamaica/market-capitalization/},
publisher = {HistorySaid},
year = {2026}
}