Jamaica PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Jamaica's ppp conversion factor was 99.30 in 2025, ranked 51st globally. This represents a 5.5% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Jamaica's ppp conversion factor stood at 99.30 in 2025, a rise of +5.19 from 2024. Based on recent trends, this figure is projected to reach 99.30 by 2025. Jamaica ranked 51st globally.
Jamaica’s purchasing power parity (PPP) conversion factor has risen dramatically from a trough of 2.75 in 1990 to an all‑time peak of 99.30 in 2025, placing the island nation at rank 51 globally. This 35‑fold increase over 36 years reflects sustained improvements in price level differentials relative to the United States dollar, driven by structural reforms, tourism‑led growth, and gradual devaluation of the local currency. The 2025 figure of 99.30 is marginally below Sri Lanka’s 100.52 and Haiti’s 97.65, indicating that Jamaica now operates in a comparable price‑level environment to other small, developing economies. The steep ascent contrasts with the modest PPP levels recorded in the early 1990s, when the conversion factor was barely above 2, underscoring the country’s shift from a low‑cost to a mid‑range cost structure. Continued diversification of exports and resilience in the services sector will be crucial to maintain or further improve the PPP conversion factor, as any slowdown in these areas could temper the upward trajectory.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 108.14 | - | - |
| 2026* trend | 103.72 | - | - |
| 2025* trend | 99.30 | - | - |
| 2025 | 99.30 | +5.19 | #51 |
| 2024 | 94.10 | +2.19 | #140 |
| 2023 | 91.91 | +6.39 | #147 |
| 2022 | 85.52 | +4.20 | #148 |
| 2021 | 81.33 | +4.05 | #148 |
| 2020 | 77.28 | +3.15 | #149 |
| 2019 | 74.13 | +2.50 | #149 |
| 2018 | 71.63 | +3.10 | #149 |
| 2017 | 68.53 | +1.86 | #151 |
| 2016 | 66.68 | +0.77 | #151 |
| 2015 | 65.91 | +2.71 | #151 |
| 2014 | 63.20 | +3.59 | #151 |
| 2013 | 59.61 | +3.00 | #151 |
| 2012 | 56.61 | +2.80 | #151 |
| 2011 | 53.80 | +1.90 | #152 |
Detected Pattern
Analysis
Jamaica matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Jamaica's ppp conversion factor was 99.30 in 2025. Ranked 51st globally. This represents a 5.5% increase from the previous year.
Jamaica's ppp conversion factor peaked at 99.30 in 2025.
The lowest ppp conversion factor in Jamaica was 2.75 in 1990.
Jamaica ranks 51st globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Jamaica's ppp conversion factor is projected to reach 99.30 by 2025 based on trend extrapolation.
The ppp conversion factor of Jamaica in 2025 was 99.30. This ranks 51st in the world.
Cite this page
@misc{historysaid_jamaica_ppp-conversion-factor,
title = {Jamaica PPP Conversion Factor},
url = {https://historysaid.com/jamaica/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}