Services, value added in Jamaica
Jamaica: Services, value added was 1.25 trillion constant LCU in 2025. ▲ Rising
Services, value added in Jamaica, 1993–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Jamaica is 1.25 trillion constant LCU, measured in 2025.
Compared with earlier readings it is down 0.2% on the previous year and up 15.4% over ten years.
Over the whole period, services, value added in Jamaica peaked at 1.25 trillion constant LCU in 2023 and was at its lowest, 869.97 billion constant LCU, in 1993.
Jamaica ranks 74th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 907.90 billion constant LCU | 869.97 billion constant LCU | 923.68 billion constant LCU | 7 |
| 2000s | 1.03 trillion constant LCU | 945.05 billion constant LCU | 1.10 trillion constant LCU | 10 |
| 2010s | 1.10 trillion constant LCU | 1.06 trillion constant LCU | 1.19 trillion constant LCU | 10 |
| 2020s | 1.20 trillion constant LCU | 1.08 trillion constant LCU | 1.25 trillion constant LCU | 6 |
Countries ranked near Jamaica
More economy & growth data for Jamaica
- DEC alternative conversion factor 159.1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 603.86 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 3.80 billion current US$ (2025)
- Taxes less subsidies on products 546.60 billion current LCU (2025)
- Taxes less subsidies on products 3.44 billion current US$ (2025)
- Net primary income (Net income from abroad) -55.33 billion current LCU (2025)
- Net primary income (Net income from abroad) -347.79 million current US$ (2025)
- GNI per capita 1.25 million current LCU (2025)
- GNI per capita, Atlas method 7,790 current US$ (2025)
- GNI 3.56 trillion current LCU (2025)
Frequently asked questions
- What is services, value added in Jamaica?
- Services, value added in Jamaica was 1.25 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Jamaica?
- The highest recorded value was 1.25 trillion constant LCU in 2023.
- What is the lowest services, value added recorded in Jamaica?
- The lowest recorded value was 869.97 billion constant LCU in 1993.
- How does Jamaica rank for services, value added?
- Jamaica ranks 74th out of 198 countries with data for 2025.
- Is services, value added rising or falling in Jamaica?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.