Taxes on goods and services (current LCU), annual growth rate in Jamaica
Jamaica: Taxes on goods and services (current LCU), annual growth rate was -15.9 % change on previous year in 2020. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Jamaica, 1989–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2020, taxes on goods and services (current lcu), annual growth rate in Jamaica stood at -15.9 % change on previous year. That is the lowest value across all 32 years on record.
The figure is down 473.8% on the previous year and down 177.4% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Jamaica peaked at 78.09 % change on previous year in 1992 and was at its lowest, -15.9 % change on previous year, in 2020.
That places Jamaica 151st out of 156 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1989 | 20.91 % change on previous year | — |
| 1990 | 14.13 % change on previous year | -32.5% |
| 1991 | 70.05 % change on previous year | +395.9% |
| 1992 | 78.09 % change on previous year | +11.5% |
| 1993 | 66.51 % change on previous year | -14.8% |
| 1994 | 29.79 % change on previous year | -55.2% |
| 1995 | 38.91 % change on previous year | +30.6% |
| 1996 | 5.64 % change on previous year | -85.5% |
| 1997 | 6.16 % change on previous year | +9.2% |
| 1998 | 16.26 % change on previous year | +164.0% |
| 1999 | 16.4 % change on previous year | +0.8% |
| 2000 | 10.46 % change on previous year | -36.2% |
| 2001 | 6.89 % change on previous year | -34.1% |
| 2002 | 14.68 % change on previous year | +112.9% |
| 2003 | 27.17 % change on previous year | +85.1% |
| 2004 | 14.05 % change on previous year | -48.3% |
| 2005 | 8.01 % change on previous year | -43.0% |
| 2006 | 17.89 % change on previous year | +123.4% |
| 2007 | 11.47 % change on previous year | -35.9% |
| 2008 | 9.54 % change on previous year | -16.8% |
| 2009 | 9.8 % change on previous year | +2.8% |
| 2010 | 20.55 % change on previous year | +109.7% |
| 2011 | 3.74 % change on previous year | -81.8% |
| 2012 | 11.83 % change on previous year | +216.0% |
| 2013 | 12.28 % change on previous year | +3.8% |
| 2014 | 8.95 % change on previous year | -27.2% |
| 2015 | 13.54 % change on previous year | +51.4% |
| 2016 | 12.92 % change on previous year | -4.6% |
| 2017 | 13.54 % change on previous year | +4.8% |
| 2018 | 8.76 % change on previous year | -35.3% |
| 2019 | 4.25 % change on previous year | -51.5% |
| 2020 | -15.9 % change on previous year | -473.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 20.91 % change on previous year | 20.91 % change on previous year | 20.91 % change on previous year | 1 |
| 1990s | 34.19 % change on previous year | 5.64 % change on previous year | 78.09 % change on previous year | 10 |
| 2000s | 13 % change on previous year | 6.89 % change on previous year | 27.17 % change on previous year | 10 |
| 2010s | 11.04 % change on previous year | 3.74 % change on previous year | 20.55 % change on previous year | 10 |
| 2020s | -15.9 % change on previous year | -15.9 % change on previous year | -15.9 % change on previous year | 1 |
Countries ranked near Jamaica
- 148 Marshall Islands -11.2 % change on previous year compare
- 149 Cambodia -11.55 % change on previous year compare
- 150 Micronesia, Federated States of -13.57 % change on previous year compare
- 152 Bhutan -16.98 % change on previous year compare
- 153 Mali -17.47 % change on previous year compare
- 154 Naoero -18.6 % 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 taxes on goods and services (current lcu), annual growth rate in Jamaica?
- Taxes on goods and services (current lcu), annual growth rate in Jamaica was -15.9 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Jamaica?
- The highest recorded value was 78.09 % change on previous year in 1992.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Jamaica?
- The lowest recorded value was -15.9 % change on previous year in 2020.
- How does Jamaica rank for taxes on goods and services (current lcu), annual growth rate?
- Jamaica ranks 151st out of 156 countries with data for 2020.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Jamaica?
- Over the last ten years it is down 177.4%. 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 Taxes on goods and services (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 Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services 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 Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.