Jamaica recorded a government debt equivalent to 103.30 percent of the country's Gross Domestic Product in 2017.

Government Debt to GDP in Jamaica averaged 126.57 percent from 1980 until 2017, reaching an all time high of 212.40 percent in 1984 and a record low of 70.50 percent in 1996. This page provides - Jamaica Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Jamaica is expected to reach 120.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Government Debt to GDP is projected to trend around 118.00 percent in 2021 and 110.00 percent in 2022, according to our econometric models.

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Jamaica Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
103.30 120.60 212.40 70.50 1980 - 2017 percent Yearly

Jamaica Government Last Previous Highest Lowest Unit
Government Debt to GDP 103.30 120.60 212.40 70.50 percent [+]
Government Budget 1.40 1.30 1.40 -6.72 percent of GDP [+]
Military Expenditure 201.00 144.00 201.00 60.80 USD Million [+]
Government Debt 2054365.00 2089632.00 2158846.00 1970612.00 USD Million [+]
Credit Rating 33.00 [+]


Jamaica Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.