Taxes on international trade (% of revenue) in Jamaica
Jamaica: Taxes on international trade (% of revenue) was 8.8% in 2020. ▼ Falling
Taxes on international trade in Jamaica, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2020, taxes on international trade in Jamaica stood at 8.8%.
The figure is down 22.1% on the previous year and up 0.2% over ten years.
Over the whole period, taxes on international trade in Jamaica peaked at 16.8% in 1988 and was at its lowest, 8.1%, in 2009.
Jamaica ranks 43rd of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Taxes on international trade (% of revenue) in Jamaica, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1988 | 16.8% | — |
| 1989 | 15.4% | -8.5% |
| 1990 | 14.6% | -5.4% |
| 1991 | 14.1% | -3.0% |
| 1992 | 13.7% | -2.8% |
| 1993 | 14.6% | +6.2% |
| 1994 | 12.2% | -16.2% |
| 1995 | 12.8% | +4.9% |
| 1996 | 12.4% | -3.0% |
| 1997 | 12.6% | +1.0% |
| 1998 | 12.6% | +0.1% |
| 1999 | 10.9% | -13.1% |
| 2000 | 11.1% | +1.7% |
| 2001 | 11.4% | +2.9% |
| 2002 | 10.7% | -6.0% |
| 2003 | 9.4% | -12.6% |
| 2004 | 9.3% | -1.1% |
| 2005 | 9.9% | +6.6% |
| 2006 | 9.5% | -4.4% |
| 2007 | 9.7% | +1.9% |
| 2008 | 9.4% | -2.7% |
| 2009 | 8.1% | -13.9% |
| 2010 | 8.8% | +8.9% |
| 2011 | 9.2% | +4.4% |
| 2012 | 9.7% | +5.9% |
| 2013 | 9.8% | +0.2% |
| 2014 | 9.8% | +0.7% |
| 2015 | 9.7% | -1.3% |
| 2016 | 11.0% | +13.7% |
| 2017 | 11.2% | +1.4% |
| 2018 | 11.1% | -1.1% |
| 2019 | 11.3% | +2.5% |
| 2020 | 8.8% | -22.1% |
Jamaica compared with similar countries
- Jamaica's 8.8% is above the median for upper middle income countries, which is 4.5%, 2.0× the median. (48 countries reporting)
- Jamaica's 8.8% is above the median for Latin America & Caribbean, which is 4.7%, 1.9× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.1% | 15.4% | 16.8% | 2 |
| 1990s | 13.1% | 10.9% | 14.6% | 10 |
| 2000s | 9.9% | 8.1% | 11.4% | 10 |
| 2010s | 10.2% | 8.8% | 11.3% | 10 |
| 2020s | 8.8% | 8.8% | 8.8% | 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)
- 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)
Frequently asked questions
- What is taxes on international trade in Jamaica?
- Taxes on international trade in Jamaica was 8.8% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Jamaica?
- The highest recorded value was 16.8% in 1988.
- What is the lowest taxes on international trade recorded in Jamaica?
- The lowest recorded value was 8.1% in 2009.
- How does Jamaica rank for taxes on international trade?
- Jamaica ranks 43rd out of 154 countries with data for 2020.
- Is taxes on international trade rising or falling in Jamaica?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is falling.
- 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 international trade (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.