Jamaica Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
Overview
Jamaica's tax revenue stood at 23.67% in 2020, a decline of +1.85% from 2019. Jamaica ranked 122nd globally.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2020 | 23.67% | −1.85% | #122 |
| 2019 | 25.53% | +0.53% | #127 |
| 2018 | 24.99% | +0.39% | #124 |
| 2017 | 24.60% | +0.01% | #129 |
| 2016 | 24.59% | +1.06% | #130 |
| 2015 | 23.53% | −0.52% | #126 |
| 2014 | 24.05% | +0.04% | #122 |
| 2013 | 24.01% | −0.32% | #115 |
| 2012 | 24.33% | +0.97% | #116 |
| 2011 | 23.36% | −0.91% | #114 |
| 2010 | 24.28% | −0.68% | #114 |
| 2009 | 24.96% | +0.27% | #111 |
| 2008 | 24.68% | −0.10% | #102 |
| 2007 | 24.79% | +0.77% | #90 |
| 2006 | 24.01% | +0.80% | #87 |
Detected Pattern
Analysis
Jamaica matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw tax revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Jamaica's tax revenue was 23.67% in 2020. Ranked 122nd globally. This represents a 7.3% decrease from the previous year.
Jamaica's tax revenue peaked at 25.53% in 2019.
The lowest tax revenue in Jamaica was 19.91% in 1997.
Jamaica ranks 122nd globally in tax revenue as of 2020.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
The tax revenue of Jamaica in 2020 was 23.67%. This ranks 122nd in the world.
Cite this page
@misc{historysaid_jamaica_tax-revenue,
title = {Jamaica Tax Revenue},
url = {https://historysaid.com/jamaica/tax-revenue},
publisher = {HistorySaid},
year = {2026}
}