Home Jamaica Economy & Growth Services Value Added

Jamaica Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

60.25% +0.29% (+0.5%)
Year 2025 Rank #80 Global Peak 68.14% (2009) Source World Bank

Jamaica Services Value Added (1993–2025)

Overview

Jamaica's services value added stood at 60.25% in 2025, a rise of +0.29% from 2024. Based on recent trends, this figure is projected to reach 60.25% by 2025. Jamaica ranked 80th globally.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 60.93% - -
2026* trend 60.59% - -
2025* trend 60.25% - -
2025 60.25% +0.29% #80
2024 59.96% +0.08% #105
2023 59.88% +0.94% #116
2022 58.94% +0.60% #119
2021 58.35% −0.68% #117
2020 59.03% −0.55% #109
2019 59.58% +0.45% #119
2018 59.13% −0.50% #119
2017 59.63% −1.31% #119
2016 60.94% −0.78% #131
2015 61.72% −1.91% #136
2014 63.64% −0.63% #141
2013 64.27% −1.18% #144
2012 65.45% −0.42% #153
2011 65.87% −0.68% #155
Show all years (1993-2025)
* Linear trend extrapolation

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 services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Jamaica's services value added?

Jamaica's services value added was 60.25% in 2025. Ranked 80th globally. This represents a 0.5% increase from the previous year.

What was the highest services value added in Jamaica?

Jamaica's services value added peaked at 68.14% in 2009.

What was the lowest services value added in Jamaica?

The lowest services value added in Jamaica was 57.15% in 1993.

How does Jamaica rank in services value added?

Jamaica ranks 80th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Jamaica in 2025?

Jamaica's services value added is projected to reach 60.25% by 2025 based on trend extrapolation.

What is the services value added of Jamaica in 2025?

The services value added of Jamaica in 2025 was 60.25%. This ranks 80th in the world.

Cite this page

APA
Jamaica Services Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/jamaica/services-value-added
BibTeX
@misc{historysaid_jamaica_services-value-added, title = {Jamaica Services Value Added}, url = {https://historysaid.com/jamaica/services-value-added}, publisher = {HistorySaid}, year = {2026} }