Taxes on income, profits and capital gains in Jamaica
Jamaica: Taxes on income, profits and capital gains was 191.25 billion current LCU in 2020. ◆ Volatile
Taxes on income, profits and capital gains in Jamaica, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, taxes on income, profits and capital gains in Jamaica stood at 191.25 billion current LCU.
That represents a change of down 0.6% on the previous year and up 61.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Jamaica peaked at 192.31 billion current LCU in 2019 and was at its lowest, 2.16 billion current LCU, in 1988.
That places Jamaica 66th out of 153 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 income, profits and capital gains in Jamaica, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | 2.16 billion current LCU | — |
| 1989 | 2.80 billion current LCU | +29.5% |
| 1990 | 3.94 billion current LCU | +40.9% |
| 1991 | 5.27 billion current LCU | +33.8% |
| 1992 | 8.55 billion current LCU | +62.1% |
| 1993 | 11.95 billion current LCU | +39.7% |
| 1994 | 16.92 billion current LCU | +41.6% |
| 1995 | 20.94 billion current LCU | +23.8% |
| 1996 | 24.30 billion current LCU | +16.1% |
| 1997 | 26.42 billion current LCU | +8.7% |
| 1998 | 29.21 billion current LCU | +10.6% |
| 1999 | 32.93 billion current LCU | +12.7% |
| 2000 | 39.28 billion current LCU | +19.3% |
| 2001 | 39.75 billion current LCU | +1.2% |
| 2002 | 45.44 billion current LCU | +14.3% |
| 2003 | 59.98 billion current LCU | +32.0% |
| 2004 | 69.52 billion current LCU | +15.9% |
| 2005 | 73.85 billion current LCU | +6.2% |
| 2006 | 85.53 billion current LCU | +15.8% |
| 2007 | 102.89 billion current LCU | +20.3% |
| 2008 | 119.17 billion current LCU | +15.8% |
| 2009 | 130.58 billion current LCU | +9.6% |
| 2010 | 118.22 billion current LCU | -9.5% |
| 2011 | 121.42 billion current LCU | +2.7% |
| 2012 | 130.92 billion current LCU | +7.8% |
| 2013 | 130.75 billion current LCU | -0.1% |
| 2014 | 140.48 billion current LCU | +7.4% |
| 2015 | 152.00 billion current LCU | +8.2% |
| 2016 | 159.69 billion current LCU | +5.1% |
| 2017 | 157.74 billion current LCU | -1.2% |
| 2018 | 172.69 billion current LCU | +9.5% |
| 2019 | 192.31 billion current LCU | +11.4% |
| 2020 | 191.25 billion current LCU | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.48 billion current LCU | 2.16 billion current LCU | 2.80 billion current LCU | 2 |
| 1990s | 18.04 billion current LCU | 3.94 billion current LCU | 32.93 billion current LCU | 10 |
| 2000s | 76.60 billion current LCU | 39.28 billion current LCU | 130.58 billion current LCU | 10 |
| 2010s | 147.62 billion current LCU | 118.22 billion current LCU | 192.31 billion current LCU | 10 |
| 2020s | 191.25 billion current LCU | 191.25 billion current LCU | 191.25 billion current LCU | 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 taxes on income, profits and capital gains in Jamaica?
- Taxes on income, profits and capital gains in Jamaica was 191.25 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Jamaica?
- The highest recorded value was 192.31 billion current LCU in 2019.
- What is the lowest taxes on income, profits and capital gains recorded in Jamaica?
- The lowest recorded value was 2.16 billion current LCU in 1988.
- How does Jamaica rank for taxes on income, profits and capital gains?
- Jamaica ranks 66th out of 153 countries with data for 2020.
- Is taxes on income, profits and capital gains rising or falling in Jamaica?
- Over the last ten years it is up 61.8%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.