Current account balance — all countries

Current account balance — Jamaica

Current account balance in Jamaica in 2031 — 0.5%. Ranked 60 in the world out of 188. Since 1980, the indicator has risen by 5 pp.

2031 0.5% +0.3 pp vs 2030
World rank 60of 188
Period maximum 2.9%2024
Period minimum -19.8%2008

Trend over time

1980–2031 · % of GDP

Current account balance — Jamaica, 1980–2031-20-1001019801986199219982004201020162022202820311980: -4.5%1981: -15%1982: -16.2%1983: -10.1%1984: -11.3%1985: -12.4%1986: -3.4%1987: -5.1%1988: -1.9%1989: -8.5%1990: -6.5%1991: -5.5%1992: 0.6%1993: -3.3%1994: 1.5%1995: -1.5%1996: -1.9%1997: -3.9%1998: -3.7%1999: -2.4%2000: -4%2001: -8%2002: -10.8%2003: -8%2004: -4.8%2005: -9.3%2006: -9.7%2007: -15.4%2008: -19.8%2009: -9.1%2010: -6.9%2011: -13.3%2012: -9.5%2013: -9.3%2014: -7.8%2015: -2.9%2016: -0.3%2017: -2.5%2018: -1.4%2019: -1.8%2020: -1%2021: 0.9%2022: -0.7%2023: 2.7%2024: 2.9%2025: 1.2%2026: -6%2027: -6.6%2028: -3.6%2029: -1%2030: 0.2%2031: 0.5%
Change over the period: +5 pp Annual average: 0.1 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Jamaica

Jamaica 0.5%
World computed 0.28%
Latin America & Caribbean computed -1.17%
Current account balance — Jamaica, by year Jamaica All countries CSV XLSX
Year % Change, pp
2031 0.5 +0.3 pp
2030 0.2 +1.2 pp
2029 -1 +2.6 pp
2028 -3.6 +3 pp
2027 -6.6 −0.6 pp
2026 -6 −7.2 pp
2025 1.2 −1.7 pp
2024 2.9 +0.2 pp
2023 2.7 +3.4 pp
2022 -0.7 −1.6 pp
2021 0.9 +1.9 pp
2020 -1 +0.8 pp
2019 -1.8 −0.4 pp
2018 -1.4 +1.1 pp
2017 -2.5 −2.2 pp
2016 -0.3 +2.6 pp
2015 -2.9 +4.9 pp
2014 -7.8 +1.5 pp
2013 -9.3 +0.2 pp
2012 -9.5 +3.8 pp
2011 -13.3 −6.4 pp
2010 -6.9 +2.2 pp
2009 -9.1 +10.7 pp
2008 -19.8 −4.4 pp
2007 -15.4 −5.7 pp
2006 -9.7 −0.4 pp
2005 -9.3 −4.5 pp
2004 -4.8 +3.2 pp
2003 -8 +2.8 pp
2002 -10.8 −2.8 pp
2001 -8 −4 pp
2000 -4 −1.6 pp
1999 -2.4 +1.3 pp
1998 -3.7 +0.2 pp
1997 -3.9 −2 pp
1996 -1.9 −0.4 pp
1995 -1.5 −3 pp
1994 1.5 +4.8 pp
1993 -3.3 −3.9 pp
1992 0.6 +6.1 pp
1991 -5.5 +1 pp
1990 -6.5 +2 pp
1989 -8.5 −6.6 pp
1988 -1.9 +3.2 pp
1987 -5.1 −1.7 pp
1986 -3.4 +9 pp
1985 -12.4 −1.1 pp
1984 -11.3 −1.2 pp
1983 -10.1 +6.1 pp
1982 -16.2 −1.2 pp
1981 -15 −10.5 pp
1980 -4.5

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.