External debt — all countries

External debt — Jamaica

External debt in Jamaica in 2024 — 14,836,981,078 US$. Ranked 65 in the world out of 118. Since 1970, the indicator has risen by 1,411%.

2024 14.84B US$ −3.63% vs 2023
World rank 65of 118
Period maximum 17.53B US$2018
Period minimum 982M US$1970

Trend over time

1970–2024 · US$

External debt — Jamaica, 1970–202405B10B15B20B19701976198219881994200020062012201820241970: 981,947,821 US$1971: 1,017,279,725 US$1972: 1,050,172,115 US$1973: 1,218,593,242 US$1974: 1,451,065,680 US$1975: 1,631,097,348 US$1976: 1,468,081,463 US$1977: 1,698,452,346 US$1978: 1,443,098,519 US$1979: 1,725,519,727 US$1980: 1,933,418,149 US$1981: 2,335,978,753 US$1982: 2,881,171,636 US$1983: 3,493,302,523 US$1984: 3,636,693,776 US$1985: 4,149,647,658 US$1986: 4,267,673,178 US$1987: 4,771,043,103 US$1988: 4,632,792,354 US$1989: 4,660,246,899 US$1990: 4,784,682,214 US$1991: 4,612,479,880 US$1992: 4,631,509,930 US$1993: 4,418,444,373 US$1994: 4,644,306,789 US$1995: 4,615,813,407 US$1996: 4,095,187,170 US$1997: 3,818,566,634 US$1998: 3,945,356,371 US$1999: 4,027,853,275 US$2000: 4,821,219,735 US$2001: 5,477,990,486 US$2002: 5,601,373,724 US$2003: 5,720,223,401 US$2004: 6,516,794,517 US$2005: 6,590,656,418 US$2006: 8,084,297,793 US$2007: 10,523,969,851 US$2008: 10,431,004,395 US$2009: 11,116,937,811 US$2010: 14,186,599,700 US$2011: 14,287,642,491 US$2012: 14,247,212,086 US$2013: 12,889,484,164 US$2014: 14,077,596,821 US$2015: 14,055,964,975 US$2016: 14,006,048,395 US$2017: 14,584,440,916 US$2018: 17,530,384,501 US$2019: 14,464,674,889 US$2020: 14,489,345,389 US$2021: 16,036,439,681 US$2022: 15,812,061,002 US$2023: 15,395,210,849 US$2024: 14,836,981,078 US$
Change over the period: +13.86B (+1,410.97%) Average annual rate: 5.16 %

Comparison, 2024

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

Jamaica 14.84B US$
Upper-middle-income countries computed 6.08T US$
External debt — Jamaica, by year Jamaica All countries CSV XLSX
Year US$ Change Change, %
2024 14.84B −558M −3.63%
2023 15.4B −417M −2.64%
2022 15.81B −224M −1.4%
2021 16.04B +1.55B +10.68%
2020 14.49B +24.67M +0.17%
2019 14.46B −3.07B −17.49%
2018 17.53B +2.95B +20.2%
2017 14.58B +578M +4.13%
2016 14.01B −49.92M −0.36%
2015 14.06B −21.63M −0.15%
2014 14.08B +1.19B +9.22%
2013 12.89B −1.36B −9.53%
2012 14.25B −40.43M −0.28%
2011 14.29B +101M +0.71%
2010 14.19B +3.07B +27.61%
2009 11.12B +686M +6.58%
2008 10.43B −92.97M −0.88%
2007 10.52B +2.44B +30.18%
2006 8.08B +1.49B +22.66%
2005 6.59B +73.86M +1.13%
2004 6.52B +797M +13.93%
2003 5.72B +119M +2.12%
2002 5.6B +123M +2.25%
2001 5.48B +657M +13.62%
2000 4.82B +793M +19.7%
1999 4.03B +82.5M +2.09%
1998 3.95B +127M +3.32%
1997 3.82B −277M −6.75%
1996 4.1B −521M −11.28%
1995 4.62B −28.49M −0.61%
1994 4.64B +226M +5.11%
1993 4.42B −213M −4.6%
1992 4.63B +19.03M +0.41%
1991 4.61B −172M −3.6%
1990 4.78B +124M +2.67%
1989 4.66B +27.45M +0.59%
1988 4.63B −138M −2.9%
1987 4.77B +503M +11.79%
1986 4.27B +118M +2.84%
1985 4.15B +513M +14.1%
1984 3.64B +143M +4.1%
1983 3.49B +612M +21.25%
1982 2.88B +545M +23.34%
1981 2.34B +403M +20.82%
1980 1.93B +208M +12.05%
1979 1.73B +282M +19.57%
1978 1.44B −255M −15.03%
1977 1.7B +230M +15.69%
1976 1.47B −163M −9.99%
1975 1.63B +180M +12.41%
1974 1.45B +232M +19.08%
1973 1.22B +168M +16.04%
1972 1.05B +32.89M +3.23%
1971 1.02B +35.33M +3.6%
1970 982M

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.