Inflation Rate (CPI): Jamaica
Jamaica's inflation rate (cpi) is currently 5.0% as of 2026. # Jamaica Inflation Rate (CPI) Jamaica's inflation rate stood at 5% in 2026, reflecting a dramatic stabilization from its catastrophic peak of 77.
Current (2026)
5.0%
+19.0% y/y
Peak (1992)
77.3%
Low (2016)
2.3%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Jamaica
1980 — 2026
Inflation Rate (CPI) — Jamaica
Analysis# Jamaica Inflation Rate (CPI)
Jamaica's inflation rate stood at 5% in 2026, reflecting a dramatic stabilization from its catastrophic peak of 77.3% in 1992. The country has achieved a 72.2% reduction in inflation over the past 46 years, with the lowest point occurring in 2016 at 2.3%. Current levels remain moderate compared to historical extremes, positioning Jamaica within a manageable inflation environment for economic planning and consumer purchasing power.
The period from 2017 to 2019 demonstrated relative stability, hovering between 3.7% and 4.4%. However, global pressures triggered a spike in 2022, reaching 10.3%—the highest point since the early 1990s crisis. Since that peak, Jamaica has successfully brought inflation back under control, declining to 4.2% by 2025. The projected 5% rate for 2026 suggests the country will maintain this moderate trajectory going forward.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 5.0% | +0.00% |
| 2029 | 5.0% | +0.00% |
| 2028 | 5.0% | +0.00% |
| 2027 | 5.0% | +0.00% |
| 2026 | 5.0% | +19.05% |
| 2025 | 4.2% | -23.64% |
| 2024 | 5.5% | -15.38% |
| 2023 | 6.5% | -36.89% |
| 2022 | 10.3% | +74.58% |
| 2021 | 5.9% | +13.46% |
| 2020 | 5.2% | +33.33% |
| 2019 | 3.9% | +5.41% |
| 2018 | 3.7% | -15.91% |
| 2017 | 4.4% | +91.30% |
| 2016 | 2.3% | -37.84% |
| 2015 | 3.7% | -55.42% |
| 2014 | 8.3% | -11.70% |
| 2013 | 9.4% | +36.23% |
| 2012 | 6.9% | -8.00% |
| 2011 | 7.5% | -40.48% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 12.6% | +31.25% |
| 2009 | 9.6% | -56.36% |
| 2008 | 22.0% | +136.56% |
| 2007 | 9.3% | +9.41% |
| 2006 | 8.5% | -43.71% |
| 2005 | 15.1% | +11.85% |
| 2004 | 13.5% | +33.66% |
| 2003 | 10.1% | +44.29% |
| 2002 | 7.0% | +1.45% |
| 2001 | 6.9% | -14.81% |
| 2000 | 8.1% | +35.00% |
| 1999 | 6.0% | -30.23% |
| 1998 | 8.6% | -11.34% |
| 1997 | 9.7% | -63.26% |
| 1996 | 26.4% | +32.66% |
| 1995 | 19.9% | -43.94% |
| 1994 | 35.5% | +64.35% |
| 1993 | 21.6% | -72.06% |
| 1992 | 77.3% | +51.57% |
| 1991 | 51.0% | +105.65% |
| 1990 | 24.8% | +54.04% |
| 1989 | 16.1% | +96.34% |
| 1988 | 8.2% | -26.79% |
| 1987 | 11.2% | -54.10% |
| 1986 | 24.4% | -17.85% |
| 1985 | 29.7% | -5.11% |
| 1984 | 31.3% | +87.43% |
| 1983 | 16.7% | +145.59% |
| 1982 | 6.8% | -26.09% |
| 1981 | 9.2% | -48.89% |
| 1980 | 18.0% | — |
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