Taxes less subsidies on products in Jamaica
Jamaica: Taxes less subsidies on products was 3.44 billion current US$ in 2025. ◆ Volatile
Taxes less subsidies on products in Jamaica, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, taxes less subsidies on products in Jamaica stood at 3.44 billion current US$. That is the highest value across all 66 years on record.
That represents a change of up 0.1% on the previous year and up 51.2% over ten years.
Over the whole period, taxes less subsidies on products in Jamaica peaked at 3.44 billion current US$ in 2025 and was at its lowest, 55.02 million current US$, in 1960.
Jamaica ranks 93rd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 82.38 million current US$ | 55.02 million current US$ | 120.96 million current US$ | 10 |
| 1970s | 193.25 million current US$ | 117.36 million current US$ | 262.57 million current US$ | 10 |
| 1980s | 390.70 million current US$ | 263.11 million current US$ | 570.58 million current US$ | 10 |
| 1990s | 690.95 million current US$ | 424.27 million current US$ | 1.01 billion current US$ | 10 |
| 2000s | 1.37 billion current US$ | 1.03 billion current US$ | 1.80 billion current US$ | 10 |
| 2010s | 2.35 billion current US$ | 1.87 billion current US$ | 2.97 billion current US$ | 10 |
| 2020s | 3.04 billion current US$ | 2.28 billion current US$ | 3.44 billion current US$ | 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)
- 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)
- GNI 22.36 billion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Jamaica?
- Taxes less subsidies on products in Jamaica was 3.44 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Jamaica?
- The highest recorded value was 3.44 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Jamaica?
- The lowest recorded value was 55.02 million current US$ in 1960.
- How does Jamaica rank for taxes less subsidies on products?
- Jamaica ranks 93rd out of 198 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Jamaica?
- Over the last ten years it is up 51.2%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.