Net investment in nonfinancial assets in Jamaica
Jamaica: Net investment in nonfinancial assets was 2.3% in 2020. ▼ Falling
Net investment in nonfinancial assets in Jamaica, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Jamaica recorded 2.3% for net investment in nonfinancial assets in 2020.
The figure is down 25.8% on the previous year and down 52.3% over ten years.
Over the whole period, net investment in nonfinancial assets in Jamaica peaked at 8.2% in 1988 and was at its lowest, 0.9%, in 2003.
That places Jamaica 93rd out of 156 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Net investment in nonfinancial assets in Jamaica, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1988 | 8.2% | — |
| 1989 | 6.1% | -26.0% |
| 1990 | 4.2% | -31.3% |
| 1991 | 4.8% | +15.0% |
| 1992 | 5.0% | +4.6% |
| 1993 | 3.4% | -31.8% |
| 1994 | 3.3% | -4.4% |
| 1995 | 3.4% | +4.9% |
| 1996 | 4.1% | +18.8% |
| 1997 | 4.1% | +0.3% |
| 1998 | 2.1% | -47.3% |
| 1999 | 2.4% | +12.7% |
| 2000 | 2.2% | -8.8% |
| 2001 | 2.2% | -0.5% |
| 2002 | 1.5% | -31.6% |
| 2003 | 0.9% | -43.3% |
| 2004 | 1.7% | +102.8% |
| 2005 | 2.2% | +27.8% |
| 2006 | 3.0% | +35.6% |
| 2007 | 4.7% | +56.0% |
| 2008 | 4.1% | -11.3% |
| 2009 | 3.2% | -22.1% |
| 2010 | 4.8% | +49.3% |
| 2011 | 4.3% | -11.0% |
| 2012 | 2.9% | -33.0% |
| 2013 | 2.6% | -10.1% |
| 2014 | 1.5% | -42.2% |
| 2015 | 1.9% | +25.3% |
| 2016 | 2.3% | +20.3% |
| 2017 | 2.3% | +2.9% |
| 2018 | 3.0% | +31.5% |
| 2019 | 3.1% | +1.8% |
| 2020 | 2.3% | -25.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.1% | 6.1% | 8.2% | 2 |
| 1990s | 3.7% | 2.1% | 5.0% | 10 |
| 2000s | 2.6% | 0.9% | 4.7% | 10 |
| 2010s | 2.9% | 1.5% | 4.8% | 10 |
| 2020s | 2.3% | 2.3% | 2.3% | 1 |
Countries ranked near Jamaica
More public sector data for Jamaica
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.52 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 92.46 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0119 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 262.51 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 923.36 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net investment in nonfinancial assets in Jamaica?
- Net investment in nonfinancial assets in Jamaica was 2.3% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Jamaica?
- The highest recorded value was 8.2% in 1988.
- What is the lowest net investment in nonfinancial assets recorded in Jamaica?
- The lowest recorded value was 0.9% in 2003.
- How does Jamaica rank for net investment in nonfinancial assets?
- Jamaica ranks 93rd out of 156 countries with data for 2020.
- Is net investment in nonfinancial assets rising or falling in Jamaica?
- Over the last ten years it is down 52.3%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.