Net lending (+) / net borrowing (-) in Jamaica
Jamaica: Net lending (+) / net borrowing (-) was -60.51 billion current LCU in 2020. ◆ Volatile
Net lending (+) / net borrowing (-) in Jamaica, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, net lending (+) / net borrowing (-) in Jamaica stood at -60.51 billion current LCU.
The figure is down 272.5% on the previous year and up 16.8% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Jamaica peaked at 35.09 billion current LCU in 2019 and was at its lowest, -121.26 billion current LCU, in 2009.
That places Jamaica 99th out of 156 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Jamaica, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | -716.76 million current LCU | — |
| 1989 | 748.28 million current LCU | -204.4% |
| 1990 | 807.11 million current LCU | +7.9% |
| 1991 | 2.06 billion current LCU | +154.9% |
| 1992 | 3.18 billion current LCU | +54.4% |
| 1993 | 3.62 billion current LCU | +13.9% |
| 1994 | 4.26 billion current LCU | +17.7% |
| 1995 | 6.22 billion current LCU | +46.2% |
| 1996 | -12.30 billion current LCU | -297.5% |
| 1997 | -17.81 billion current LCU | +44.8% |
| 1998 | -17.55 billion current LCU | -1.5% |
| 1999 | -10.74 billion current LCU | -38.8% |
| 2000 | -3.30 billion current LCU | -69.2% |
| 2001 | -20.38 billion current LCU | +516.7% |
| 2002 | -30.98 billion current LCU | +52.0% |
| 2003 | -27.99 billion current LCU | -9.7% |
| 2004 | -27.61 billion current LCU | -1.4% |
| 2005 | -21.04 billion current LCU | -23.8% |
| 2006 | -36.65 billion current LCU | +74.2% |
| 2007 | -42.18 billion current LCU | +15.1% |
| 2008 | -75.32 billion current LCU | +78.6% |
| 2009 | -121.26 billion current LCU | +61.0% |
| 2010 | -72.73 billion current LCU | -40.0% |
| 2011 | -80.97 billion current LCU | +11.3% |
| 2012 | -54.60 billion current LCU | -32.6% |
| 2013 | 1.74 billion current LCU | -103.2% |
| 2014 | -7.27 billion current LCU | -518.4% |
| 2015 | -4.88 billion current LCU | -32.8% |
| 2016 | -3.48 billion current LCU | -28.8% |
| 2017 | 8.72 billion current LCU | -350.9% |
| 2018 | 24.39 billion current LCU | +179.6% |
| 2019 | 35.09 billion current LCU | +43.9% |
| 2020 | -60.51 billion current LCU | -272.5% |
Jamaica compared with similar countries
- Jamaica's -60.51 billion current LCU is below the median for upper middle income countries, which is -15.25 billion current LCU, 4.0× the median. (47 countries reporting)
- Jamaica's -60.51 billion current LCU is below the median for Latin America & Caribbean, which is -7.93 billion current LCU, 7.6× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -518.4% | 1.74 billion current LCU | -7.27 billion current LCU |
| 2001 | -516.7% | -3.30 billion current LCU | -20.38 billion current LCU |
| 2017 | +350.9% | -3.48 billion current LCU | 8.72 billion current LCU |
| 1996 | -297.5% | 6.22 billion current LCU | -12.30 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.76 million current LCU | -716.76 million current LCU | 748.28 million current LCU | 2 |
| 1990s | -3.82 billion current LCU | -17.81 billion current LCU | 6.22 billion current LCU | 10 |
| 2000s | -40.67 billion current LCU | -121.26 billion current LCU | -3.30 billion current LCU | 10 |
| 2010s | -15.40 billion current LCU | -80.97 billion current LCU | 35.09 billion current LCU | 10 |
| 2020s | -60.51 billion current LCU | -60.51 billion current LCU | -60.51 billion current LCU | 1 |
Countries ranked near Jamaica
More public sector data for Jamaica
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Jamaica?
- Net lending (+) / net borrowing (-) in Jamaica was -60.51 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Jamaica?
- The highest recorded value was 35.09 billion current LCU in 2019.
- What is the lowest net lending (+) / net borrowing (-) recorded in Jamaica?
- The lowest recorded value was -121.26 billion current LCU in 2009.
- How does Jamaica rank for net lending (+) / net borrowing (-)?
- Jamaica ranks 99th out of 156 countries with data for 2020.
- Is net lending (+) / net borrowing (-) rising or falling in Jamaica?
- Over the last ten years it is up 16.8%. The long-run trend across the full record is volatile.
- 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 lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.