GDP (Gross Domestic Product): Jamaica

Analysis# Jamaica GDP (Gross Domestic Product) Jamaica's GDP reached 24.132 billion USD in 2026, marking its all-time peak. Since 1980, the economy has grown 817.2%, expanding from a low of 2.045 billion USD in 1985. The Caribbean nation's economic trajectory has been uneven but generally upward, reflecting decades of structural development and increased economic diversification. The 2020 pandemic triggered a sharp contraction to 15.079 billion USD, but recovery began immediately in 2021. From 2022 onward, Jamaica entered a sustained growth phase, with GDP accelerating from 18.71 billion USD to the current peak. Annual increases have averaged roughly 1-2 billion USD over the past four years, signaling robust momentum driven by tourism recovery, remittances, and improved domestic demand.