Memorandum items, Currency composition of reserves, Denominated in in Jamaica
Jamaica: Memorandum items, Currency composition of reserves, Denominated in was 5.63 billion in 2024. ▲ Rising
Memorandum items, Currency composition of reserves, Denominated in in Jamaica, 2013–2024
Source: International Monetary Fund.
Analysis
In 2024, memorandum items, currency composition of reserves, denominated in in Jamaica stood at 5.63 billion. That is the highest value across all 12 years on record.
That represents a change of up 15.7% on the previous year and up 127.7% over ten years.
Over the whole period, memorandum items, currency composition of reserves, denominated in in Jamaica peaked at 5.63 billion in 2024 and was at its lowest, 1.82 billion, in 2013.
Jamaica ranks 73rd of 86 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Memorandum items, Currency composition of reserves, Denominated in in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 1.82 billion | — |
| 2014 | 2.47 billion | +36.1% |
| 2015 | 2.91 billion | +17.8% |
| 2016 | 3.29 billion | +13.0% |
| 2017 | 3.78 billion | +14.9% |
| 2018 | 3.53 billion | -6.6% |
| 2019 | 3.63 billion | +2.8% |
| 2020 | 3.94 billion | +8.5% |
| 2021 | 4.83 billion | +22.7% |
| 2022 | 4.47 billion | -7.4% |
| 2023 | 4.87 billion | +8.8% |
| 2024 | 5.63 billion | +15.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.06 billion | 1.82 billion | 3.78 billion | 7 |
| 2020s | 4.75 billion | 3.94 billion | 5.63 billion | 5 |
Countries ranked near Jamaica
- 70 Latvia 6.09 billion compare
- 71 Republic of Moldova 6.01 billion compare
- 72 North Macedonia 5.79 billion compare
- 74 Bolivia, Plurinational State of 5.28 billion compare
- 75 Armenia 5.09 billion compare
- 76 Kyrgyzstan 5.01 billion compare
More financial sector data for Jamaica
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.2 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.2 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is memorandum items, currency composition of reserves, denominated in in Jamaica?
- Memorandum items, currency composition of reserves, denominated in in Jamaica was 5.63 billion in 2024, according to International Monetary Fund.
- What is the highest memorandum items, currency composition of reserves, denominated in recorded in Jamaica?
- The highest recorded value was 5.63 billion in 2024.
- What is the lowest memorandum items, currency composition of reserves, denominated in recorded in Jamaica?
- The lowest recorded value was 1.82 billion in 2013.
- How does Jamaica rank for memorandum items, currency composition of reserves, denominated in?
- Jamaica ranks 73rd out of 86 countries with data for 2024.
- Is memorandum items, currency composition of reserves, denominated in rising or falling in Jamaica?
- Over the last ten years it is up 127.7%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund, published as part of Memorandum items, Currency composition of reserves, Denominated in Group of currencies (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social Security). Statizoid updates them automatically from the source API.
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About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.