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GDP (current US$) - Jamaica. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. LineBarMap. Also Show Share Details. Label. 1960 - 2022.
Kingston is the capital and largest city of Jamaica, located on the southeastern coast of the island. It faces a natural harbour protected by the Palisadoes, a long sand spit which connects the town of Port Royal and the Norman Manley International Airport to the rest of the island. Kingston is the largest predominantly English-speaking city in ...
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In July 1986, the KRC was formed to help halt the dramatic economic and social deterioration of the downtown area of Kingston that had occurred from the mid 1970s to the early 1980s, following numerous fires and riots in the city, which resulted in many businesses abandoning the area. As a result the Inner Kingston Development Project was born.
Kingston, St Andrew (Jamaica) This GDL Area Profile Report provides an overview of the major social and economic characteristics of the region or country. The figures are derived from the most recent national household survey available at the Global Data Lab. These and many other indicators can also be downloaded freely from the GDL Area Database.
Apr 15, 2024 · Overview. Jamaica has been a highly indebted economy for decades. Since 2013, the government (GOJ) has successfully implemented fiscal consolidation measures, reducing the public debt-to-GDP ratio by more than 60 percentage points to 75.5 percent in 2023 – the lowest level in 25 years. Prudent macroeconomic management, anchored in debt ...
The size of the economy expanded at a rate of 0.5% per annum in the past 12 years. The growth impetus was largely through Services and Agriculture. Remittance inflows have grown, increasing from USD1.2 to USD2.0BN between 2002 and 2014. Jamaica trades around USD 1,748 million annually or some 26% of GDP with the world.
The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [17] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar, and bananas.
