Credit to government and state-owned enterprises to GDP in Jamaica

Jamaica: Credit to government and state-owned enterprises to GDP was 12.7% in 2020. ▲ Rising

Latest (2020)
12.7%
Change on year
up 21.7%
World rank
82nd
of 178 countries
All-time high
28.6%
in 2001
All-time low
5.1%
in 1991
Years of data
41
1980–2020

Credit to government and state-owned enterprises to GDP in Jamaica, 1980–2020

510152025301980200020201980: 12.3 %1981: 15.7 %1982: 17.9 %1983: 16.8 %1984: 12.2 %1985: 14.4 %1986: 14.4 %1987: 14.1 %1988: 12.3 %1989: 7.5 %1990: 6.7 %1991: 5.1 %1992: 12.3 %1993: 7.5 %1994: 12.3 %1995: 9.3 %1996: 11.8 %1997: 12.5 %1998: 10.8 %1999: 12.4 %2000: 13.1 %2001: 28.6 %2002: 27.3 %2003: 27.1 %2004: 22.1 %2005: 21.7 %2006: 19.6 %2007: 19 %2008: 16.7 %2009: 17.3 %2010: 15.9 %2011: 14.9 %2012: 15.9 %2013: 14.3 %2014: 12 %2015: 12 %2016: 12.5 %2017: 11.5 %2018: 11.6 %2019: 10.4 %2020: 12.7 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for credit to government and state-owned enterprises to gdp in Jamaica is 12.7%, measured in 2020.

Compared with earlier readings it is up 21.7% on the previous year and down 20.1% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Jamaica peaked at 28.6% in 2001 and was at its lowest, 5.1%, in 1991.

That places Jamaica 82nd out of 178 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 41 years of available data.

Credit to government and state-owned enterprises to GDP in Jamaica, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Jamaica, 1980 to 2020.
Year % Change
1980 12.3%
1981 15.7% +28.0%
1982 17.9% +13.9%
1983 16.8% -6.3%
1984 12.2% -27.7%
1985 14.4% +18.6%
1986 14.4% +0.2%
1987 14.1% -2.5%
1988 12.3% -12.4%
1989 7.5% -38.9%
1990 6.7% -11.6%
1991 5.1% -23.2%
1992 12.3% +139.5%
1993 7.5% -38.9%
1994 12.3% +63.8%
1995 9.3% -24.3%
1996 11.8% +26.9%
1997 12.5% +6.3%
1998 10.8% -13.9%
1999 12.4% +15.0%
2000 13.1% +5.4%
2001 28.6% +118.9%
2002 27.3% -4.6%
2003 27.1% -0.5%
2004 22.1% -18.5%
2005 21.7% -1.9%
2006 19.6% -9.5%
2007 19.0% -3.1%
2008 16.7% -12.2%
2009 17.3% +3.4%
2010 15.9% -7.9%
2011 14.9% -6.2%
2012 15.9% +6.7%
2013 14.3% -10.4%
2014 12.0% -15.6%
2015 12.0% -0.7%
2016 12.5% +4.3%
2017 11.5% -7.8%
2018 11.6% +0.7%
2019 10.4% -9.8%
2020 12.7% +21.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 13.8% 7.5% 17.9% 10
1990s 10.1% 5.1% 12.5% 10
2000s 21.3% 13.1% 28.6% 10
2010s 13.1% 10.4% 15.9% 10
2020s 12.7% 12.7% 12.7% 1

Countries ranked near Jamaica

  1. 79 Romania 13.3% compare
  2. 80 Côte d'Ivoire 12.8% compare
  3. 81 Uzbekistan 12.7% compare
  4. 83 Costa Rica 12.5% compare
  5. 84 Belize 12.4% compare
  6. 85 Germany 12.3% compare

See the full ranking of 178 places →

More financial sector data for Jamaica

All data for Jamaica →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Jamaica?
Credit to government and state-owned enterprises to gdp in Jamaica was 12.7% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Jamaica?
The highest recorded value was 28.6% in 2001.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Jamaica?
The lowest recorded value was 5.1% in 1991.
How does Jamaica rank for credit to government and state-owned enterprises to gdp?
Jamaica ranks 82nd out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Jamaica?
Over the last ten years it is down 20.1%. The long-run trend across the full record is rising.
Where does this Jamaica data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Jamaica. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 12 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/jamaica/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).