
Jamaica: Unemployment rate forecast
* indicates monthly or quarterly data series
| Jamaica |
Unemployment rate forecast |
|---|---|
| Latest value | 3.40 |
| Year | 2025 |
| Measure | percent |
| Data availability | 1980 - 2025 |
| Average | 14.71 |
| Min - Max | 3.40 - 27.58 |
| Source | International Monetary Fund |
| Available for | Data download |
The latest value from 2025 is 3.4 percent, a decline from 4.18 percent in 2024. In comparison, the world average is 6.65 percent, based on data from 104 countries. Historically, the average for Jamaica from 1980 to 2025 is 14.71 percent. The minimum value, 3.4 percent, was reached in 2025 while the maximum of 27.58 percent was recorded in 1982.
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* indicates monthly or quarterly data series
| Recent values | Jamaica: Unemployment rate forecast |
|---|---|
| 2025 | 3.40 |
| 2024 | 4.18 |
| 2023 | 4.40 |
| 2022 | 6.27 |
| 2021 | 8.38 |
| 2020 | 10.20 |
| 2019 | 7.70 |
| 2018 | 9.13 |
Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth forecast | 1.50 | 2030 | percent |
| Investment forecast | 6.61 | 2030 | percent |
| Inflation forecast | 5.00 | 2030 | percent |
| Unemployment rate forecast | 3.40 | 2025 | percent |
| Current account forecast | 0.21 | 2030 | percent |