Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
97.9% GDP
2020
Govt expenditure
27.5% GDP
2020
Budget deficit
2.8% GDP
2020

Price level

Jamaica is 39.8% cheaper than the USA overall (2025). Index: USA = 100.

Overall price level
60.2(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.

Government debt since 2005

YearDebt (% GDP)Change
2005121—
2006117.7-3.3
2007113-4.7
2008120.3+7.3
2009134.7+14.3
2010136.2+1.5
2011134-2.2
2012137.9+4
2013135.9-2
2014132.4-3.5
2015118.2-14.2
2016115.9-2.3
201796.1-19.8
201985.8-10.4
202097.9+12.1

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only
Jamaica — nstate — nstate