JAMAICA: SELECTED ECONOMIC DATA; JAMDAT:LAC/DPP 04/10/94
Prel.
1984 1985 1986 1987 1988 1989 1990 1991 1992 1993
POPULATION
Thousands 2346. 2370. 2392. 2412. 2431. 2448. 2466. 2485. 2507. 2530
Growth Rate (%) 1.0 1.0 .9 .9 .8 .7 .7 .8 .9 .9
NATIONAL ACCOUNTS
GDP, current prices (m. J$) 9358. 12496. 14457. 16313. 24772. 33248. 50110. 76250. 93070.
GDP, 1974 prices (m. J$) 1925. 1854. 1926. 2033. 2325. 2420. 2440. 2484. 2558.
Real GDP Growth Rate (%) -.9 -3.7 3.9 5.5 4.7 4.1 .8 1.8 3.0
Real Per Capita GDP (1974 J$) 820.43 782.31 805.21 842.75 949.41 981.55 981.81 990.79 1011.15
Real Per Capita GDP Growth Rate (%) -1.9 -4.6 2.9 4.6 3.9 3.4 .0 .9 2.1
Gross Domestic Investment/GDP (%) 17.3 17.3 19.0 21.7 20.2 20.7 21.1 19.3 22.9
Private
Public
Gross National Savings/GDP (%) 4.1 13.1 12.8 20.0 12.1 15.7 16.2 20.6 22.1
Private
Public
Foreign Savings/GDP (%) 13.2 4.2 6.2 1.7 8.1 5.0 4.9 -1.3 .8
PRICES
GDP Price Deflator (1974=100) 486. 674. 751. 802. 915. 1066. 1374. 2054. 3070.13 3638.11
Annual Change (%) 35.0 38.7 11.4 6.9 14.0 16.5 28.9 49.5 49.5 18.5
Consumer Prices (Jan. 1988=100) 50.4 72.2 92.8 100.0 109.0 126.4 157.8 266.0 419.0 505.3
Annual Change (%) 30.1 22.2 7.2 8.3 9.2 16.0 24.8 68.6 57.5 20.6
BALANCE OF PAYMENTS (US$ m.)
Current Accounts -284. -293. -111. -184. -62. -327. -215. -156. 43. -31.
Exports, fob 673. 539. 623. 792. 813. 1074. 1219. 1082. 1047. 1152.
Imports cif 1221. 1034. 1030. 1294. 1593. 1831. 1901. 1742. 1756. 1952.
Trade Balance -548 -495 -407 -502 -779.90 -756.90 -681.80 -659.50 -709.50 -799.
Tourism, net 389. 397. 503. 540. 437. 583. 665. 737. 828. 962. 185.
Interest payments, net -287. -309. -304. -306. -322. -323. -323. -294. -268. -253.
Other Services, net 52. -3. -24. -44. 256. -75. -162. -198. -135. -192.
Transfers, net 110. 117. 123. 128. 348. 244. 286. 259. 327. 253.
Capital Account 781. 369. 166. 374. 134. 215. 325. 198. 128. 81.
Official Grants 37. 38. 26. 41.
Official Medium and Long-Term, net 559. 215. 2. 140. 123. 190. 184. 62. -105. -53.
Official Short-Term, net 17. 16. -21. 27. -86. 15. -5.
Direct Investment 20. 2. 61. 0. 98. 120. 79. 111.
Other Private Capital, net 185. 96. 136. 114. -4. -51. -5. 143. 106. 139.
Overall Balance 497. 76. 55. 190. 72. -112. 110. 42. 170. 50.
EXTERNAL DEBT
Outstanding Debt, 12/31 (US$ m.) 3566. 4068. 4187. 4696. 4038. 4152. 4179. 3962. 3835.
Outstanding Debt/GDP (%) 164.9 234.9 97.7 92.2 90.9 123.8 117.9
Debt Service/Exports (%) (after resched.) 32.4 37.6 49.9 30.7 29.4 28.5 26.8 24.0
CONSOL. NONFIN. PUB. SECTOR (% GDP)
Current Revenue 30.5 30.8 29.6 30.1 31.9
Current Expenditure 26.6 25.9 23.5 22.8 23.2
Current Surplus/Defecit
Capital Revenue .8 .7 1.1 1.7 1.0
Capital Expenditure & Net Lending 10.1 6.9 5.2 5.8 7.0
Overall Surplus
Central Gov't Revenue 28.7 25.2 30.2 30.8 28.3 29.5 28.5 28.7 29.7 34.5
Divestment Proceeds .0 .0 .2 2.0 .5 2.4 1.3 1.1
Grants .3 1.0 .9 .9 2.2 1.3 1.1 1.4 1.2 1.0
Central Gov't Current Exp. 30.1 26.0 26.0 25.7 33.7 31.0 26.6 26.0 26.7 32.9
Central Gov't Cap. Exp. 4.8 4.7 6.4 7.1 8.5 6.2 4.1 4.7 5.3 6.3
Central Gov't Deficit After Grants -6.7 -5.3 -1.4 .0 -3.3 -.2 2.9 4.1 4.2 2.7