Primary income payments in Jamaica
Jamaica: Primary income payments was 920.14 million BoP, current US$ in 2024. ▲ Rising
Primary income payments in Jamaica, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Jamaica recorded 920.14 million BoP, current US$ for primary income payments in 2024.
Compared with earlier readings it is up 8.9% on the previous year and up 56.1% over ten years.
Over the whole period, primary income payments in Jamaica peaked at 1.18 billion BoP, current US$ in 2007 and was at its lowest, 127.00 million BoP, current US$, in 1976.
That places Jamaica 127th out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 171.55 million BoP, current US$ | 127.00 million BoP, current US$ | 217.90 million BoP, current US$ | 4 |
| 1980s | 341.80 million BoP, current US$ | 257.10 million BoP, current US$ | 454.10 million BoP, current US$ | 10 |
| 1990s | 446.02 million BoP, current US$ | 312.90 million BoP, current US$ | 537.60 million BoP, current US$ | 10 |
| 2000s | 880.60 million BoP, current US$ | 543.00 million BoP, current US$ | 1.18 billion BoP, current US$ | 10 |
| 2010s | 739.48 million BoP, current US$ | 550.01 million BoP, current US$ | 953.49 million BoP, current US$ | 10 |
| 2020s | 834.84 million BoP, current US$ | 799.18 million BoP, current US$ | 920.14 million BoP, current US$ | 5 |
Countries ranked near Jamaica
- 124 Lebanon 937.14 million BoP, current US$ compare
- 125 Namibia 933.47 million BoP, current US$ compare
- 126 Bahamas 921.11 million BoP, current US$ compare
- 128 Maldives 853.73 million BoP, current US$ compare
- 129 Eswatini 758.17 million BoP, current US$ compare
- 130 Madagascar 638.92 million BoP, current US$ compare
More economy & growth data for Jamaica
- Agriculture, forestry, and fishing, value added 315.82 billion current LCU (2025)
- Inflation, consumer prices 4.0% (2025)
- GDP 17.32 billion constant 2015 US$ (2025)
- GDP 3.61 trillion current LCU (2025)
- GDP 22.70 billion current US$ (2025)
- Gross value added at basic prices (GVA) 1.72 trillion constant LCU (2025)
- Agriculture, forestry, and fishing, value added 2.9% (2025)
- Gross value added at basic prices (GVA) 14.69 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 131.99 billion constant LCU (2025)
- Total reserves minus gold 6.30 billion current US$ (2025)
Frequently asked questions
- What is primary income payments in Jamaica?
- Primary income payments in Jamaica was 920.14 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Jamaica?
- The highest recorded value was 1.18 billion BoP, current US$ in 2007.
- What is the lowest primary income payments recorded in Jamaica?
- The lowest recorded value was 127.00 million BoP, current US$ in 1976.
- How does Jamaica rank for primary income payments?
- Jamaica ranks 127th out of 199 countries with data for 2024.
- Is primary income payments rising or falling in Jamaica?
- Over the last ten years it is up 56.1%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.