| variable | 1980-1989 | 1990-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | 3.2 | 0.94 | 1.42 | -2.42 | -0.24 | 4.6 | 5.22 | 2.6 | -0.8 | 2.1 |
| CPI % | 17.83 | 26.41 | 11.56 | 11.1 | 5.53 | 5.88 | 10.35 | 6.47 | 5.55 | 5.0 |
| Unemployment rate | 22.5 | 15.82 | 11.9 | 11.86 | 12.07 | 8.38 | 6.27 | 4.4 | 4.17 | - |
| Current account balance/GDP % | -9.29 | -2.45 | -11.0 | -8.2 | -5.16 | 1.02 | -0.8 | 2.95 | 1.0 | 0.87 |
| Debt/GDP % | - | 87.28 | 119.1 | 141.66 | 119.51 | 94.2 | 77.04 | 73.36 | 69.18 | 64.6 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
Europeans first saw Jamaica when Christopher COLUMBUS arrived in 1494, and the Spanish settled the island early in the 16th century. The Native Taino, who had inhabited Jamaica for centuries, were gradually exterminated and replaced with African slaves. England seized the island in 1655 and established a plantation economy based on sugar, cocoa, and coffee. The abolition of slavery in 1834 freed a quarter-million slaves, many of whom became small farmers. Jamaica gradually increased its independence from Britain. In 1958, it joined other British Caribbean colonies in forming the Federation of the West Indies. Jamaica withdrew from the Federation in 1961 and gained full independence in 1962. Deteriorating economic conditions during the 1970s led to recurring violence as rival gangs affiliated with the major political parties evolved into powerful organized crime networks involved in international drug smuggling and money laundering. Violent crime, drug trafficking, corruption, and poverty pose significant challenges to the government today. Nonetheless, many rural and resort areas remain relatively safe and contribute substantially to the economy.
Area: 10,991 km2
Climate: tropical; hot, humid; temperate interior
Natural resources: bauxite, alumina, gypsum, limestone
Groups: Black 92.1%, mixed 6.1%, East Indian 0.8%, other 0.4%, unspecified 0.7% (2011 est.)
Languages: English, Jamaican patois
Religions: Protestant 64.8% (includes Seventh Day Adventist 12.0%, Pentecostal 11.0%, Other Church of God 9.2%, New Testament Church of God 7.2%, Baptist 6.7%, Church of God in Jamaica 4.8%, Church of God of Prophecy 4.5%, Anglican 2.8%, United Church 2.1%, Methodist 1.6%, Revived 1.4%, Brethren 0.9%, and Moravian 0.7%), Roman Catholic 2.2%, Jehovah's Witness 1.9%, Rastafarian 1.1%, other 6.5%, none 21.3%, unspecified 2.3% (2011 est.)
Capital: Kingston
Government type: parliamentary democracy (Parliament) under a constitutional monarchy; a Commonwealth realm
Chief of state: King CHARLES III (since 8 September 2022); represented by Governor General Sir Patrick L. ALLEN (since 26 February 2009)
Head of government: Prime Minister Andrew HOLNESS (since 3 March 2016)cabinet: Cabinet appointed by the governor general on the advice of the prime ministerelection/appointment process: the monarchy is hereditary; governor general appointed by the monarch on the recommendation of the prime minister; following legislative elections, the governor general appoints the leader of the majority party or majority coalition in the House of Representatives as prime minister
Description: legislature name: Parliamentlegislative structure: bicameral
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"