Jamaica Debt to GDP Ratio 1990-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Jamaica debt to gdp ratio for 2020 was 106.28%, a 14.04% increase from 2019.
  • Jamaica debt to gdp ratio for 2019 was 92.25%, a 10.22% decline from 2017.
  • Jamaica debt to gdp ratio for 2017 was 102.46%, a 20.19% decline from 2016.
  • Jamaica debt to gdp ratio for 2016 was 122.66%, a 1.99% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Jamaica 106.28%
Brazil 98.71%
Colombia 91.12%
Albania 83.89%
South Africa 77.53%
Jordan 76.18%
Armenia 63.40%
Malaysia 62.03%
Romania 57.11%
Thailand 50.32%
Mexico 47.12%
Bosnia 45.42%
Turkey 41.97%
Peru 34.67%
Bulgaria 32.24%
Kazakhstan 23.72%
Russia 22.99%
Azerbaijan 22.19%
Botswana 19.62%
Jamaica Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2020 106.28% 14.04%
2019 92.25% -10.22%
2017 102.46% -20.19%
2016 122.66% -1.99%
2015 124.65% -7.77%
2014 132.41% -3.47%
2013 135.89% -2.05%
2012 137.93% 3.96%
2011 133.98% -2.25%
2010 136.22% 1.55%
2009 134.68% 14.34%
2008 120.34% 7.35%
2007 112.99% -4.71%
2006 117.70% -3.30%
2005 121.00% -1.01%
2004 122.01% -5.43%
2003 127.43% -0.34%
2002 127.78% 10.24%
2001 117.54% 19.20%
2000 98.33% 9.37%
1999 88.96% 7.29%
1998 81.67% 7.97%
1997 73.70% 1.45%
1996 72.25% -11.61%
1995 83.86% -10.80%
1994 94.66% -17.54%
1993 112.20% -11.41%
1992 123.61% -109.23%
1991 232.83% 94.09%
1990 138.74% 94.09%