Net lending (+) / net borrowing (-) in Jamaica
Jamaica: Net lending (+) / net borrowing (-) was -2.8% 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 % of GDP.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Jamaica is -2.8%, measured in 2020.
Compared with earlier readings it is down 283.3% on the previous year and up 55.1% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Jamaica peaked at 4.1% in 1991 and was at its lowest, -11.4%, in 2009.
Jamaica ranks 89th of 156 countries on this measure, 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 | % of GDP | Change |
|---|---|---|
| 1988 | -3.4% | — |
| 1989 | 3.0% | -186.7% |
| 1990 | 2.4% | -17.3% |
| 1991 | 4.1% | +69.0% |
| 1992 | 3.9% | -5.4% |
| 1993 | 2.7% | -31.9% |
| 1994 | 2.4% | -11.4% |
| 1995 | 2.7% | +14.1% |
| 1996 | -4.5% | -266.4% |
| 1997 | -6.0% | +33.6% |
| 1998 | -5.5% | -8.7% |
| 1999 | -3.1% | -43.4% |
| 2000 | -0.9% | -72.4% |
| 2001 | -4.8% | +464.4% |
| 2002 | -6.6% | +36.6% |
| 2003 | -5.1% | -21.9% |
| 2004 | -4.4% | -13.7% |
| 2005 | -3.0% | -32.2% |
| 2006 | -4.7% | +55.5% |
| 2007 | -4.8% | +1.9% |
| 2008 | -7.6% | +58.6% |
| 2009 | -11.4% | +50.7% |
| 2010 | -6.3% | -44.6% |
| 2011 | -6.5% | +3.4% |
| 2012 | -4.2% | -36.3% |
| 2013 | 0.1% | -102.9% |
| 2014 | -0.5% | -488.6% |
| 2015 | -0.3% | -40.8% |
| 2016 | -0.2% | -33.2% |
| 2017 | 0.4% | -331.6% |
| 2018 | 1.1% | +159.9% |
| 2019 | 1.5% | +37.7% |
| 2020 | -2.8% | -283.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -0.2% | -3.4% | 3.0% | 2 |
| 1990s | -0.1% | -6.0% | 4.1% | 10 |
| 2000s | -5.3% | -11.4% | -0.9% | 10 |
| 2010s | -1.5% | -6.5% | 1.5% | 10 |
| 2020s | -2.8% | -2.8% | -2.8% | 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 lending (+) / net borrowing (-) in Jamaica?
- Net lending (+) / net borrowing (-) in Jamaica was -2.8% 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 4.1% in 1991.
- What is the lowest net lending (+) / net borrowing (-) recorded in Jamaica?
- The lowest recorded value was -11.4% in 2009.
- How does Jamaica rank for net lending (+) / net borrowing (-)?
- Jamaica ranks 89th 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 55.1%. 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 (-) (% of GDP). 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 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.