Taxes on goods and services (current LCU), gaps filled in Jamaica
Jamaica: Taxes on goods and services (current LCU), gaps filled was 263.60 billion current LCU in 2020. ◆ Volatile
Taxes on goods and services (current LCU), gaps filled in Jamaica, 1988–2020
Source: Statizoid (derived). Measured in current LCU.
Analysis
In 2020, taxes on goods and services (current lcu), gaps filled in Jamaica stood at 263.60 billion current LCU.
The figure is down 15.9% on the previous year and up 97.0% over ten years.
Over the whole period, taxes on goods and services (current lcu), gaps filled in Jamaica peaked at 313.44 billion current LCU in 2019 and was at its lowest, 1.74 billion current LCU, in 1988.
That places Jamaica 60th out of 157 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.
Taxes on goods and services (current LCU), gaps filled in Jamaica, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | 1.74 billion current LCU | — |
| 1989 | 2.10 billion current LCU | +20.9% |
| 1990 | 2.40 billion current LCU | +14.1% |
| 1991 | 4.08 billion current LCU | +70.0% |
| 1992 | 7.27 billion current LCU | +78.1% |
| 1993 | 12.10 billion current LCU | +66.5% |
| 1994 | 15.70 billion current LCU | +29.8% |
| 1995 | 21.81 billion current LCU | +38.9% |
| 1996 | 23.04 billion current LCU | +5.6% |
| 1997 | 24.46 billion current LCU | +6.2% |
| 1998 | 28.44 billion current LCU | +16.3% |
| 1999 | 33.11 billion current LCU | +16.4% |
| 2000 | 36.57 billion current LCU | +10.5% |
| 2001 | 39.09 billion current LCU | +6.9% |
| 2002 | 44.83 billion current LCU | +14.7% |
| 2003 | 57.01 billion current LCU | +27.2% |
| 2004 | 65.02 billion current LCU | +14.1% |
| 2005 | 70.23 billion current LCU | +8.0% |
| 2006 | 82.79 billion current LCU | +17.9% |
| 2007 | 92.29 billion current LCU | +11.5% |
| 2008 | 101.09 billion current LCU | +9.5% |
| 2009 | 110.99 billion current LCU | +9.8% |
| 2010 | 133.81 billion current LCU | +20.6% |
| 2011 | 138.82 billion current LCU | +3.7% |
| 2012 | 155.24 billion current LCU | +11.8% |
| 2013 | 174.31 billion current LCU | +12.3% |
| 2014 | 189.90 billion current LCU | +8.9% |
| 2015 | 215.61 billion current LCU | +13.5% |
| 2016 | 243.47 billion current LCU | +12.9% |
| 2017 | 276.43 billion current LCU | +13.5% |
| 2018 | 300.65 billion current LCU | +8.8% |
| 2019 | 313.44 billion current LCU | +4.3% |
| 2020 | 263.60 billion current LCU | -15.9% |
Jamaica compared with similar countries
- Jamaica's 263.60 billion current LCU is above the median for upper middle income countries, which is 103.35 billion current LCU, 2.6× the median. (48 countries reporting)
- Jamaica's 263.60 billion current LCU is above the median for Latin America & Caribbean, which is 58.28 billion current LCU, 4.5× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), gaps filled 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 |
|---|---|---|---|
| 1992 | +78.1% | 4.08 billion current LCU | 7.27 billion current LCU |
| 1991 | +70.0% | 2.40 billion current LCU | 4.08 billion current LCU |
| 1993 | +66.5% | 7.27 billion current LCU | 12.10 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.92 billion current LCU | 1.74 billion current LCU | 2.10 billion current LCU | 2 |
| 1990s | 17.24 billion current LCU | 2.40 billion current LCU | 33.11 billion current LCU | 10 |
| 2000s | 69.99 billion current LCU | 36.57 billion current LCU | 110.99 billion current LCU | 10 |
| 2010s | 214.17 billion current LCU | 133.81 billion current LCU | 313.44 billion current LCU | 10 |
| 2020s | 263.60 billion current LCU | 263.60 billion current LCU | 263.60 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 taxes on goods and services (current lcu), gaps filled in Jamaica?
- Taxes on goods and services (current lcu), gaps filled in Jamaica was 263.60 billion current LCU in 2020, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), gaps filled recorded in Jamaica?
- The highest recorded value was 313.44 billion current LCU in 2019.
- What is the lowest taxes on goods and services (current lcu), gaps filled recorded in Jamaica?
- The lowest recorded value was 1.74 billion current LCU in 1988.
- How does Jamaica rank for taxes on goods and services (current lcu), gaps filled?
- Jamaica ranks 60th out of 157 countries with data for 2020.
- Is taxes on goods and services (current lcu), gaps filled rising or falling in Jamaica?
- Over the last ten years it is up 97.0%. 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), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
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
Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.