Jamaica recorded a Current Account deficit of 105.92 USD Million in the second quarter of 2020. source: Bank of Jamaica

Current Account in Jamaica averaged -66.61 USD Million from 1987 until 2020, reaching an all time high of 153.47 USD Million in the first quarter of 2016 and a record low of -536.06 USD Million in the third quarter of 2012. This page provides - Jamaica Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Current Account - values, historical data and charts - was last updated on January of 2021.

Current Account in Jamaica is expected to be -80.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Jamaica to stand at -1150.00 in 12 months time. In the long-term, the Jamaica Current Account is projected to trend around -120.00 USD Million in 2021 and -100.00 USD Million in 2022, according to our econometric models.

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Jamaica Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-105.92 -30.20 153.47 -536.06 1987 - 2020 USD Million Quarterly

Jamaica Trade Last Previous Highest Lowest Unit
Balance of Trade -723505.76 -958769.73 -121925.00 -1682374.89 USD Thousand [+]
Current Account -105.92 -30.20 153.47 -536.06 USD Million [+]
Current Account to GDP -1.90 -1.80 -1.20 -20.40 percent [+]
Imports 984354.78 1338404.36 2437559.33 395093.00 USD Thousand [+]
Exports 260849.03 379634.63 796370.98 244067.00 USD Thousand [+]
Remittances 2415.10 2345.80 2415.10 968.00 USD Million [+]
Terrorism Index 0.23 0.47 1.09 0.00 [+]
Tourist Arrivals 7188.00 0.00 487651.00 0.00 people [+]
Capital Flows -188.63 312.35 2088.25 -679.40 USD Million [+]
External Debt 12708.61 13337.25 14754.06 8842.61 USD Million [+]
Foreign Direct Investment 89.88 102.50 273.82 68.70 USD Million [+]


Jamaica Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).