Net lending (+) / net borrowing (-) in Jamaica
Jamaica: Net lending (+) / net borrowing (-) was -60.51 billion current LCU in 2020. ◆ Volatile
Net lending (+) / net borrowing (-) in Jamaica, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, net lending (+) / net borrowing (-) in Jamaica stood at -60.51 billion current LCU.
The figure is down 272.5% on the previous year and up 16.8% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Jamaica peaked at 35.09 billion current LCU in 2019 and was at its lowest, -121.26 billion current LCU, in 2009.
That places Jamaica 99th out of 156 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.76 million current LCU | -716.76 million current LCU | 748.28 million current LCU | 2 |
| 1990s | -3.82 billion current LCU | -17.81 billion current LCU | 6.22 billion current LCU | 10 |
| 2000s | -40.67 billion current LCU | -121.26 billion current LCU | -3.30 billion current LCU | 10 |
| 2010s | -15.40 billion current LCU | -80.97 billion current LCU | 35.09 billion current LCU | 10 |
| 2020s | -60.51 billion current LCU | -60.51 billion current LCU | -60.51 billion current LCU | 1 |
Countries ranked near Jamaica
More public sector data for Jamaica
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.7% (2020)
- Taxes on income, profits and capital gains 33.2% (2020)
- Taxes on goods and services 45.8% (2020)
- Net investment in nonfinancial assets 2.3% (2020)
- Net lending (+) / net borrowing (-) -2.8% (2020)
- Interest payments 22.4% (2020)
- Interest payments 22.0% (2020)
- Compensation of employees 38.0% (2020)
- Taxes on international trade 8.8% (2020)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Jamaica?
- Net lending (+) / net borrowing (-) in Jamaica was -60.51 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Jamaica?
- The highest recorded value was 35.09 billion current LCU in 2019.
- What is the lowest net lending (+) / net borrowing (-) recorded in Jamaica?
- The lowest recorded value was -121.26 billion current LCU in 2009.
- How does Jamaica rank for net lending (+) / net borrowing (-)?
- Jamaica ranks 99th out of 156 countries with data for 2020.
- Is net lending (+) / net borrowing (-) rising or falling in Jamaica?
- Over the last ten years it is up 16.8%. 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.