Primary income balance (credit less debit), Net (credits less debits) in Jamaica
Jamaica: Primary income balance (credit less debit), Net (credits less debits) was -349.77 million in 2024. ▲ Rising
Primary income balance (credit less debit), Net (credits less debits) in Jamaica, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in Jamaica stood at -349.77 million.
Compared with earlier readings it is down 21.0% on the previous year and down 17.2% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Jamaica peaked at -199.61 million in 2012 and was at its lowest, -676.22 million, in 2005.
Jamaica ranks 89th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Primary income balance (credit less debit), Net (credits less debits) in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -676.22 million | — |
| 2006 | -615.63 million | -9.0% |
| 2007 | -661.60 million | +7.5% |
| 2008 | -568.26 million | -14.1% |
| 2009 | -667.91 million | +17.5% |
| 2010 | -494.62 million | -25.9% |
| 2011 | -518.44 million | +4.8% |
| 2012 | -199.61 million | -61.5% |
| 2013 | -333.57 million | +67.1% |
| 2014 | -298.41 million | -10.5% |
| 2015 | -439.98 million | +47.4% |
| 2016 | -594.99 million | +35.2% |
| 2017 | -421.15 million | -29.2% |
| 2018 | -596.02 million | +41.5% |
| 2019 | -441.50 million | -25.9% |
| 2020 | -454.54 million | +3.0% |
| 2021 | -418.74 million | -7.9% |
| 2022 | -353.52 million | -15.6% |
| 2023 | -289.13 million | -18.2% |
| 2024 | -349.77 million | +21.0% |
Jamaica compared with similar countries
- Jamaica's -349.77 million is above the median for upper middle income countries, which is -890.41 million, 39% of the median. (54 countries reporting)
- Jamaica's -349.77 million is above the median for Latin America & Caribbean, which is -1.10 billion, 32% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -637.92 million | -676.22 million | -568.26 million | 5 |
| 2010s | -433.83 million | -596.02 million | -199.61 million | 10 |
| 2020s | -373.14 million | -454.54 million | -289.13 million | 5 |
Countries ranked near Jamaica
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 primary income balance (credit less debit), net (credits less debits) in Jamaica?
- Primary income balance (credit less debit), net (credits less debits) in Jamaica was -349.77 million in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Jamaica?
- The highest recorded value was -199.61 million in 2012.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Jamaica?
- The lowest recorded value was -676.22 million in 2005.
- How does Jamaica rank for primary income balance (credit less debit), net (credits less debits)?
- Jamaica ranks 89th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Jamaica?
- Over the last ten years it is down 17.2%. 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 Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.