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Jamaica Trade (% GDP)

Jamaica's trade (% GDP) rose to 90.11% in 2019, up from 89.98% in 2018, according to World Bank. This represents an increase of 0.13% from the previous year. Jamaica has trade (% GDP) higher than the global median (90.11% vs median 84.49%). Compared with the median in Americas, Jamaica is higher (90.11% vs regional median 78.04%) and ranks 12th out of 32 countries in Americas.

Yearly Historical Data (1960-2019)

(in %)
Year Trade (% GDP)
2019 90.11%
2018 89.98%
2017 83.52%
2016 76.46%
2015 76.12%
2014 84.74%
2013 83.26%
2012 82.04%
2011 83.82%
2010 80.92%
2009 86.89%
2008 113.58%
2007 101.24%
2006 100.75%
2005 90.49%
2004 89.32%
2003 88.15%
2002 81.85%
2001 84.83%
2000 89.51%
1999 84.23%
1998 84.47%
1997 88.98%
1996 97.72%
1995 107.65%
1994 111.41%
1993 82.84%
1992 125.49%
1991 101.6%
1990 99.94%
1989 96.01%
1988 91.42%
1987 92.87%
1986 94.73%
1985 121.56%
1984 117.19%
1983 78.72%
1982 86.68%
1981 103%
1980 102.11%
1979 100.44%
1978 77.88%
1977 58.15%
1976 66.94%
1975 80.88%
1974 81.58%
1973 72.68%
1972 73.84%
1971 74.76%
1970 70.65%
1969 80.22%
1968 78.91%
1967 72.85%
1966 73.32%
1965 70.15%
1964 72.44%
1963 68.21%
1962 67.94%
1961 68.29%
1960 71.29%
Jamaica Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Jamaica divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $2B $1.9B 2023
Annual Imports $7.59B $7.73B 2023
Exports (% GDP) 38.04% 38.56% 2019
FDI Inflows (% GDP) 0.83% 1.94% 2024
Imports (% GDP) 52.07% 51.41% 2019
Net Trade (Goods & Services, BoP) -$2.4B -$2.59B 2024
Tariff Rate 9.72% 8.95% 2022