Jamaica: Exports, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Jamaica: Exports of goods and services as percent of GDP

, 1960 - 2019: For that indicator, we provide data for Jamaica from 1960 to 2019. The average value for Jamaica during that period was 38.98 percent with a minimum of 29.05 percent in 1976 and a maximum of 62.27 percent in 1992. The latest value from is percent. For comparison, the world average in based on countries is 0.00 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
from:
to:
Download as:
API

The exports of Jamaica and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
This site uses cookies.
Learn more here


OK