Tax revenue (current LCU), annual growth rate in Jamaica
Jamaica: Tax revenue (current LCU), annual growth rate was -12.72 % change on previous year in 2020. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Jamaica, 1989–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Jamaica recorded -12.72 % change on previous year for tax revenue (current lcu), annual growth rate in 2020. That is the lowest value across all 32 years on record.
Compared with earlier readings it is down 289.3% on the previous year and down 341.3% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Jamaica peaked at 65.89 % change on previous year in 1992 and was at its lowest, -12.72 % change on previous year, in 2020.
Jamaica ranks 149th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1989 | 25.64 % change on previous year | — |
| 1990 | 25.01 % change on previous year | -2.5% |
| 1991 | 48.21 % change on previous year | +92.8% |
| 1992 | 65.89 % change on previous year | +36.7% |
| 1993 | 51.95 % change on previous year | -21.1% |
| 1994 | 31.52 % change on previous year | -39.3% |
| 1995 | 32.02 % change on previous year | +1.6% |
| 1996 | 9.81 % change on previous year | -69.4% |
| 1997 | 7.31 % change on previous year | -25.5% |
| 1998 | 13.08 % change on previous year | +79.0% |
| 1999 | 13.43 % change on previous year | +2.7% |
| 2000 | 14.63 % change on previous year | +9.0% |
| 2001 | 4.01 % change on previous year | -72.6% |
| 2002 | 13.57 % change on previous year | +238.2% |
| 2003 | 27.43 % change on previous year | +102.1% |
| 2004 | 14.81 % change on previous year | -46.0% |
| 2005 | 8.04 % change on previous year | -45.7% |
| 2006 | 15.86 % change on previous year | +97.3% |
| 2007 | 16.55 % change on previous year | +4.3% |
| 2008 | 12.16 % change on previous year | -26.5% |
| 2009 | 7.98 % change on previous year | -34.4% |
| 2010 | 5.27 % change on previous year | -33.9% |
| 2011 | 3.58 % change on previous year | -32.2% |
| 2012 | 10.31 % change on previous year | +188.3% |
| 2013 | 7.53 % change on previous year | -27.0% |
| 2014 | 7.86 % change on previous year | +4.5% |
| 2015 | 11.05 % change on previous year | +40.5% |
| 2016 | 11.28 % change on previous year | +2.1% |
| 2017 | 8.42 % change on previous year | -25.4% |
| 2018 | 9.26 % change on previous year | +10.1% |
| 2019 | 6.72 % change on previous year | -27.5% |
| 2020 | -12.72 % change on previous year | -289.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.64 % change on previous year | 25.64 % change on previous year | 25.64 % change on previous year | 1 |
| 1990s | 29.82 % change on previous year | 7.31 % change on previous year | 65.89 % change on previous year | 10 |
| 2000s | 13.5 % change on previous year | 4.01 % change on previous year | 27.43 % change on previous year | 10 |
| 2010s | 8.13 % change on previous year | 3.58 % change on previous year | 11.28 % change on previous year | 10 |
| 2020s | -12.72 % change on previous year | -12.72 % change on previous year | -12.72 % change on previous year | 1 |
Countries ranked near Jamaica
- 146 Gabon -6.75 % change on previous year compare
- 147 Palau -9.57 % change on previous year compare
- 148 Panama -11.87 % change on previous year compare
- 150 Bahrain -13.09 % change on previous year compare
- 151 Trinidad and Tobago -17.33 % change on previous year compare
- 152 Cape Verde -19.81 % change on previous year compare
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 tax revenue (current lcu), annual growth rate in Jamaica?
- Tax revenue (current lcu), annual growth rate in Jamaica was -12.72 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Jamaica?
- The highest recorded value was 65.89 % change on previous year in 1992.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Jamaica?
- The lowest recorded value was -12.72 % change on previous year in 2020.
- How does Jamaica rank for tax revenue (current lcu), annual growth rate?
- Jamaica ranks 149th out of 156 countries with data for 2020.
- Is tax revenue (current lcu), annual growth rate rising or falling in Jamaica?
- Over the last ten years it is down 341.3%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.