Service exports in Jamaica
Jamaica: Service exports was 5.26 billion BoP, current US$ in 2024. ◆ Volatile
Service exports in Jamaica, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Jamaica stood at 5.26 billion BoP, current US$.
Compared with earlier readings it is down 0.3% on the previous year and up 78.0% over ten years.
Over the whole period, service exports in Jamaica peaked at 5.27 billion BoP, current US$ in 2023 and was at its lowest, 217.20 million BoP, current US$, in 1977.
Jamaica ranks 94th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 271.77 million BoP, current US$ | 217.20 million BoP, current US$ | 351.80 million BoP, current US$ | 4 |
| 1980s | 629.29 million BoP, current US$ | 400.70 million BoP, current US$ | 876.10 million BoP, current US$ | 10 |
| 1990s | 1.45 billion BoP, current US$ | 992.10 million BoP, current US$ | 1.98 billion BoP, current US$ | 10 |
| 2000s | 2.34 billion BoP, current US$ | 1.90 billion BoP, current US$ | 2.80 billion BoP, current US$ | 10 |
| 2010s | 3.17 billion BoP, current US$ | 2.62 billion BoP, current US$ | 4.38 billion BoP, current US$ | 10 |
| 2020s | 3.99 billion BoP, current US$ | 2.00 billion BoP, current US$ | 5.27 billion BoP, current US$ | 5 |
Countries ranked near Jamaica
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 service exports in Jamaica?
- Service exports in Jamaica was 5.26 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Jamaica?
- The highest recorded value was 5.27 billion BoP, current US$ in 2023.
- What is the lowest service exports recorded in Jamaica?
- The lowest recorded value was 217.20 million BoP, current US$ in 1977.
- How does Jamaica rank for service exports?
- Jamaica ranks 94th out of 199 countries with data for 2024.
- Is service exports rising or falling in Jamaica?
- Over the last ten years it is up 78.0%. The long-run trend across the full record is volatile.
- 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.