110.935 $10.86 billion [see also: Stock of direct foreign investment - abroad country ranks ] Stock of narrow money: 96 Stock of direct foreign investment - abroad: (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 76 90 (31 December 2016 est. In one such scheme, known as pardner, a group of individuals agree to pay a fixed amount each week into a communal fund that is managed by one elected community member. 41 $8.393 billion [see also: Stock of narrow money country ranks ] expenditures: 4.314 billion (2017 est.) 0.7% (2017) [see also: Labor force - by occupation - services country ranks ] 3.25% [see also: Gross national saving country ranks ] (2016) $15.03 billion Market value of publicly traded shares: (31 December 2016 est.) Stock of direct foreign investment - abroad: Budget surplus (+) or deficit (-): 0.5% (of GDP) $1.195 billion (31 December 2015 est. [see also: Budget surplus (+) or deficit (-) country ranks ] 116.898 (2017) [see also: GDP - composition, by end use - imports of goods and services country ranks ] $604 million (31 December 2016 est. [see also: Stock of direct foreign investment - abroad country ranks ] $3.427 billion (2010)country comparison to the world (CIA rank, may be based on non-current data): $176 million (2017) (31 December 2016 est. (2016 est. (2016) (2015 est.) (31 December 2017 est.) $8.393 billion [see also: GDP - composition, by end use - government consumption country ranks ] The country also depends on natural resources, particularly bauxite-aluminum. Jamaica, however, has made steady progress in reducing its debt-to-GDP ratio from a high of almost 150% in 2012 to less … (31 December 2016 est.) Domestic Unit. 90 $15.03 billion Stock of direct foreign investment - abroad: (2016) (31 December 2016 est. 4.4% 6. )country comparison to the world (CIA rank, may be based on non-current data): 103 76 [see also: Stock of direct foreign investment - at home country ranks ] 3.25% -$381 million 128.36 (2017 est.) For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order. [see also: GDP - composition, by sector of origin - services country ranks ], Agriculture - products: sugar cane, bananas, coffee, citrus, yams, ackees, vegetables; poultry, goats, milk; shellfish, Industries: agriculture, mining, manufacture, construction, financial and insurance services, tourism, telecommunications, Industrial production growth rate: 0.9% (2017 est.) (2016 est. (31 December 2016 est. $5.151 billion [see also: Stock of direct foreign investment - at home country ranks ] $3.427 billion The public sector lacks efficiency and cost-effectiveness. Inflation rate (consumer prices): Agriculture - products: sugar cane, bananas, coffee, citrus, yams, ackees, vegetables; poultry, goats, milk; shellfish (2017 est.) (2016 est. Commercial bank prime lending rate: $1.296 billion (2014 est.) expenditures: 4.314 billion (31 December 2016 est. Imports - commodities: food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, machinery and transport equipment, construction materials GDP - real growth rate: $1.195 billion 96 (31 December 2016 est. (31 December 2017 est.) [see also: Taxes and other revenues country ranks ] Stock of narrow money: However, do continue reading if you are interested in a quick profile of our country. So here are 10 fun facts about Jamaica that you probably didn’t know before! ), Budget surplus (+) or deficit (-): 0.5% (of GDP) (31 December 2015 est. (2016) Public debt: 125.14 37, country comparison to the world (CIA rank, may be based on non-current data): [see also: Commercial bank prime lending rate country ranks ] Exports: [see also: GDP - per capita country ranks ] (2015 est. Visit MarketsInsider.com for more stories . The biggest Index factors holding back more economic freedom in Jamaica are a consistently weak performance on financial freedom and a lack of sufficient government integrity. [see also: Stock of narrow money country ranks ] 125.126 Population below poverty line: 17.1% )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) (2016) (2017 est.) $2.719 billion )country comparison to the world (CIA rank, may be based on non-current data): Inflation rate (consumer prices): [see also: Stock of direct foreign investment - at home country ranks ] Join us on a bonnie adventure in our facts about Scotland… Facts about Scotland. (2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] (2017 est.) $1.195 billion 76 (2016 est. -$381 million [see also: Stock of direct foreign investment - at home country ranks ] In Jamaica they drive on the left-hand side of the road. [see also: Imports country ranks ] 125.126 [see also: Unemployment rate country ranks ] [see also: Stock of direct foreign investment - abroad country ranks ] Central bank discount rate: )country comparison to the world (CIA rank, may be based on non-current data): 101% of GDP )country comparison to the world (CIA rank, may be based on non-current data): $10.86 billion Taxes and other revenues: 29.7% (of GDP) 116.898 (2016 est.) Exports - partners: US 39.1%, Netherlands 12.3%, Canada 8.4% (2014 est.) revenues: 4.382 billion $4.169 billion $4.169 billion Imports - partners: US 40.6%, Colombia 6.8%, Japan 5.8%, China 5.8%, Trinidad and Tobago 4.7% These 20 facts about the U.S. economy may leave you shaking your head. [see also: Distribution of family income - Gini index country ranks ] Commercial bank prime lending rate: (2016 est. Household income or consumption by percentage share: The island gained independence from the United Kingdom in 1962. (2010)country comparison to the world (CIA rank, may be based on non-current data): 128.36 (2017 est.) $3.427 billion Industrial production growth rate: 0.9% The national capital is Kingston. [see also: Commercial bank prime lending rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. (2015 est.) [see also: Budget surplus (+) or deficit (-) country ranks ] (31 December 2017 est.) $1.296 billion $3.427 billion (31 December 2015 est. (2017 est.) [see also: Current account balance country ranks ] $2.719 billion (2016) 128.36 (2014 est.) $1.296 billion lowest 10%: 2.6% (31 December 2017 est.) Reserves of foreign exchange and gold: $3.427 billion (2016) Debt - external: (2015 est.) $10.86 billion (2016 est. ), Stock of broad money: 105 Current account balance: 118, country comparison to the world (CIA rank, may be based on non-current data): $1.296 billion $3.427 billion (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): 121 126 $604 million (2016 est.) 97 $4.169 billion [see also: Imports country ranks ] highest 10%: 29.3% $2.719 billion (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - abroad: 81 )country comparison to the world (CIA rank, may be based on non-current data): Prime Minister Andrew Holness’s center-left Jamaica Labour Party remains popular, enhancing his chances for reelection in 2021. (2017) (31 December 2016 est. 189, country comparison to the world (CIA rank, may be based on non-current data): exports of goods and services: 30.1% (2016) (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 76 (31 December 2016 est.) (31 December 2016 est. (2017 est.) (2016 est.) -$381 million You can get one in Michigan. Imports - partners: US 40.6%, Colombia 6.8%, Japan 5.8%, China 5.8%, Trinidad and Tobago 4.7% Distribution of family income - Gini index: Budget surplus (+) or deficit (-): 0.5% (of GDP) $176 million 126 (31 December 2016)country comparison to the world (CIA rank, may be based on non-current data): revenues: 4.382 billion Labor force - by occupation: (31 December 2015 est. 16.49% investment in fixed capital: 21.3% (2014 est.) )country comparison to the world (CIA rank, may be based on non-current data): Exports - commodities: alumina, bauxite, chemicals, coffee, mineral fuels, waste and scrap metals, sugar, yams 3.25% Stock of direct foreign investment - abroad: $1.296 billion 37 expenditures: 4.314 billion $604 million (2016 est. 100 Debt - external: [see also: Labor force - by occupation - agriculture country ranks ] (31 December 2017 est.) [see also: Stock of domestic credit country ranks ] See all . Market value of publicly traded shares: 135 125.126 )country comparison to the world (CIA rank, may be based on non-current data): (2010)country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of narrow money country ranks ] $10.86 billion $176 million Stock of direct foreign investment - at home: [see also: Central bank discount rate country ranks ] Jamaica is as a popular tourist destination. 37 (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. (2017 est.) 100 (2016 est. $3.55 billion (2017) )country comparison to the world (CIA rank, may be based on non-current data): $1.195 billion (2016) )country comparison to the world (CIA rank, may be based on non-current data): (2015 est. 105 (2014 est.) Stock of broad money: 90 (31 December 2017 est.) (2016 est. $604 million (2017 est.) (31 December 2017 est.) 166 )country comparison to the world (CIA rank, may be based on non-current data): 189 [see also: Labor force - by occupation - services country ranks ] (2016) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $1.195 billion Many Jamaicans believe that corruption is one of the root causes of Jamaica’s high crime rate and economic stagnation. 16.49% Exchange rates: Jamaican dollars (JMD) per US dollar - 90 41 (2013 est. Reserves of foreign exchange and gold: expenditures: 4.314 billion (2017 est. November 10, 2020. )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. This document provides a set of economic facts about the role of immigration in the U.S. economy. $2.719 billion agriculture: 7% The Jamaican economy is heavily dependent on services, which accounts for more than 70% of GDP. $5.715 billion (2017 est.) The Jamaican economy is heavily dependent on services, which accounts for more than 70% of GDP. Stock of direct foreign investment - at home: Market value of publicly traded shares: 128.36 [see also: Stock of direct foreign investment - at home country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017) $3.427 billion 100 (31 December 2017 est.) Facts about Market Economy talk about the economic system, which emphasizes on the importance of demand and supply. 143, country comparison to the world (CIA rank, may be based on non-current data): (2016) (2010)country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) imports of goods and services: -47.1% $3.781 billion (2014 est.) The Jamaican economy is heavily dependent on services, which accounts for more than 70% of GDP. (31 December 2016 est. Imports: )country comparison to the world (CIA rank, may be based on non-current data): $1.195 billion [see also: Population below poverty line country ranks ] -$679 million [see also: Central bank discount rate country ranks ] [see also: Market value of publicly traded shares country ranks ] (31 December 2015 est. Download the printer-friendly Fact Sheet: FDA at a Glance (PDF - 1.2 MB). $2.719 billion (2017) (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. 16.49% $5.715 billion -$679 million Today, the major crops of Jamaica include sugar cane, bananas, and mangoes. (31 December 2016 est. [see also: GDP - composition, by end use - household consumption country ranks ] (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): 115 151 )country comparison to the world (CIA rank, may be based on non-current data): $10.24 billion There is a bird that eats cars. $10.24 billion (31 December 2016 est. (2016 est. (2013 est. $5.151 billion [see also: GDP country ranks ] (31 December 2016 est.) (2017) (31 December 2015 est. -$381 million )country comparison to the world (CIA rank, may be based on non-current data): $10.86 billion Unemployment rate: Total Area. $2.719 billion 12.2% (2016 est.) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Budget: )country comparison to the world (CIA rank, may be based on non-current data): 162 Current account balance: [see also: Debt - external country ranks ] $5.38 billion 166 [see also: GDP - composition, by end use - exports of goods and services country ranks ] To make this even more fun and interesting, I want to challenge you! (2017 est.) [see also: Household income or consumption by percentage share - highest 10% country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of domestic credit country ranks ] 38 [see also: Current account balance country ranks ] industry: 21.1% )country comparison to the world (CIA rank, may be based on non-current data): Stock of broad money: (2017 est.) [see also: Population below poverty line country ranks ] [see also: Reserves of foreign exchange and gold country ranks ] Inflation rate (consumer prices): (31 December 2016 est. 3% The currency is the Jamaican dollar. 126 (2010)country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) Imports: )country comparison to the world (CIA rank, may be based on non-current data): (2013 est. (31 December 2016 est. exports of goods and services: 30.1% (31 December 2016 est.) Exports - commodities: alumina, bauxite, chemicals, coffee, mineral fuels, waste and scrap metals, sugar, yams Stock of domestic credit: Public debt: 151 (31 December 2017 est.) (2013 est. [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (31 December 2016 est. [see also: Debt - external country ranks ] industry: 16% Bauxite mining began in 1952, presently Jamaica is the world’s third largest producer of bauxite and alumina. 90 $604 million (2010)country comparison to the world (CIA rank, may be based on non-current data): [see also: Public debt country ranks ] 125.126 GDP - composition, by sector of origin: (2010)country comparison to the world (CIA rank, may be based on non-current data): 118 $3.55 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) 128.36 GDP growth has been weak for the past five years. (2017 est.) (31 December 2016 est.) exports of goods and services: 30.1% )country comparison to the world (CIA rank, may be based on non-current data): 100 ), Debt - external: (2016) (31 December 2017 est.) (2016 est. [see also: Debt - external country ranks ] 116.898 [see also: GDP - composition, by sector of origin - industry country ranks ] 37 [see also: Commercial bank prime lending rate country ranks ] Stock of broad money: [see also: Stock of direct foreign investment - at home country ranks ] $10.24 billion (31 December 2016 est. 128.36 -$679 million Reserves of foreign exchange and gold: $3.781 billion [see also: Debt - external country ranks ] $15.03 billion 90 110.935 (2017 est.) (2016 est. 101% of GDP 166 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Population below poverty line country ranks ] [see also: Budget - expenditures country ranks ] (2016) Business & Economy Sports & Games Science Animals & other lifeforms Body & Health ... 1001 Facts to Make your Brain Explode! )country comparison to the world (CIA rank, may be based on non-current data): Score declined by 0.1 point, with a population of almost 3 million, Jamaica 's domestic... 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