(2017 est.) [see also: Budget surplus (+) or deficit (-) country ranks ] Exports: 125.14 $5.38 billion $3.427 billion (2016 est. 37 125.126 Government spending has amounted to 29 percent of the country’s output (GDP) over the past three years, and budget surpluses have averaged 0.2 percent of GDP. Today, the major crops of Jamaica include sugar cane, bananas, and mangoes. 41 (2017 est.) (31 December 2017 est.) Debt - external: 4.4% $10.86 billion $1.195 billion Exports: [see also: Exports country ranks ] 76 (2016 est. 90 $10.24 billion (31 December 2016 est.) Exports - commodities: alumina, bauxite, chemicals, coffee, mineral fuels, waste and scrap metals, sugar, yams [see also: Labor force - by occupation - services country ranks ] 115 Exports: $176 million $7.382 billion High unemployment exacerbates the crime problem, including gang violence fueled by advanced fee fraud (lottery scamming) and the drug trade. $3.781 billion (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $10.86 billion 116.898 (31 December 2016 est. $5.151 billion Commercial bank prime lending rate: $3.55 billion [see also: Market value of publicly traded shares country ranks ] (31 December 2016 est.) 101% of GDP Public debt: (2017 est.) $604 million [see also: GDP - composition, by end use - government consumption country ranks ] (31 December 2016 est. household consumption: 81.9% $14.94 billion [see also: Debt - external country ranks ] [see also: Unemployment rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $10.24 billion Jamaica's economy has grown on average less than 1% a year for the last three decades and many impediments remain to growth: a bloated public sector which crowds out spending on important projects; high crime and corruption; red-tape; and a high debt-to-GDP ratio. (31 December 2016 est. (31 December 2016 est. (2016 est. $7.382 billion note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): household consumption: 81.9% (31 December 2016 est. (31 December 2017 est.) 12.8% Their economy is flourishing in today’s international business world, and they have proven themselves to be a major frontrunner in the international economy. (2016) Stock of narrow money: $5.715 billion [see also: Commercial bank prime lending rate country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] 3.25% 113.6% of GDP $3.55 billion imports of goods and services: -47.1% 103 $5.151 billion (31 December 2017 est.) [see also: Central bank discount rate country ranks ] 166 )country comparison to the world (CIA rank, may be based on non-current data): Domestic Unit. Economy - overview: [see also: Stock of broad money country ranks ] $5.715 billion $10.24 billion $14.94 billion exports of goods and services: 30.1% )country comparison to the world (CIA rank, may be based on non-current data): expenditures: 4.314 billion Let’s start with some interesting and crazy facts about Dubai to show you just how different this place is… Facts About Dubai – From Funny to Crazy & Shocking! (2016 est. Imports - partners: US 40.6%, Colombia 6.8%, Japan 5.8%, China 5.8%, Trinidad and Tobago 4.7% Today, the major crops of Jamaica include sugar cane, bananas, and mangoes. )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): Stock of broad money: [see also: Budget - revenues country ranks ] These 20 facts about the U.S. economy may leave you shaking your head. (2017 est.) Government Size View Methodology. Debt - external: 41 [see also: Inflation rate (consumer prices) country ranks ] (2016 est. 126 Imports - partners: US 40.6%, Colombia 6.8%, Japan 5.8%, China 5.8%, Trinidad and Tobago 4.7% [see also: Taxes and other revenues country ranks ] (31 December 2016 est. $15.03 billion [see also: Labor force country ranks ] (2017 est. Image credit – Elin B 11. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Gross national saving country ranks ] 125.14 )country comparison to the world (CIA rank, may be based on non-current data): (2017) (2016 est.) 96 100 96 $4.169 billion $8.393 billion (2017 est. Reserves of foreign exchange and gold: 135 (31 December 2017 est.) (2017) (2010)country comparison to the world (CIA rank, may be based on non-current data): $5.715 billion The currency is the Jamaican dollar. (31 December 2016)country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): 76 (31 December 2015 est. )country comparison to the world (CIA rank, may be based on non-current data): Jamaica is a mixed economy where both state enterprises and private sector industries have equal say. (31 December 2017) (2013 est. $2.719 billion )country comparison to the world (CIA rank, may be based on non-current data): (2016) (2010)country comparison to the world (CIA rank, may be based on non-current data): $176 million )country comparison to the world (CIA rank, may be based on non-current data): 103 (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 16.49% (2017 est.) The country derives most of its foreign exchange from tourism, remittances, and bauxite/alumina. Population below poverty line: 17.1% Budget surplus (+) or deficit (-): 0.5% (of GDP) [see also: Stock of direct foreign investment - at home country ranks ] Labor force - by occupation: (31 December 2017 est.) $4.169 billion We’re building a skilled and educated workforce. 113.6% of GDP )country comparison to the world (CIA rank, may be based on non-current data): [see also: Reserves of foreign exchange and gold country ranks ] 16.49% 4,244 Square Miles. 115 revenues: 4.382 billion Jamaican, Kool Herc, is responsible for starting rap and hip-hop music. )country comparison to the world (CIA rank, may be based on non-current data): Agriculture - products: sugar cane, bananas, coffee, citrus, yams, ackees, vegetables; poultry, goats, milk; shellfish 126 November 10, 2020. Jamaica is as a popular tourist destination. Economic history. GDP - composition, by end use: (2013 est. Reserves of foreign exchange and gold: $15.03 billion $15.03 billion $1.296 billion Imports: (2017 est.) 126 (2016 est. $2.719 billion 61 Interesting North Korea Facts. )country comparison to the world (CIA rank, may be based on non-current data): 101% of GDP (2017 est.) ), Public debt: $7.326 billion 90 [see also: Commercial bank prime lending rate country ranks ] [see also: Debt - external country ranks ] (2016 est. (31 December 2016 est. Stock of direct foreign investment - at home: [see also: GDP country ranks ] $3.427 billion 162 )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. You can get one in Michigan. 2.3% $4.169 billion Inflation rate (consumer prices): (2013 est. 100 $5.151 billion (2017) Join us on a bonnie adventure in our facts about Scotland… Facts about Scotland. 101% of GDP [see also: Inflation rate (consumer prices) country ranks ] 118 126, country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): Stock of narrow money: )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. Exchange rates: Jamaican dollars (JMD) per US dollar - )country comparison to the world (CIA rank, may be based on non-current data): 103 96 Industries: agriculture, mining, manufacture, construction, financial and insurance services, tourism, telecommunications 76 (2010)country comparison to the world (CIA rank, may be based on non-current data): 128.36 (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. 69 Facts About New Zealand That’ll Blow Your Mind. $10.86 billion (2014 est.) $4.169 billion Exchange rates: Jamaican dollars (JMD) per US dollar - note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): [see also: Budget - revenues country ranks ] 38 Market value of publicly traded shares: [see also: Imports country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Located on a trade route in the South China Sea, the Southeast Asian country has an open, diversified, upper-middle income economy. GDP - real growth rate. $1.195 billion 125.126 $14.94 billion (2017 est.) 125.14 16.49% (2017 est.) 90 [see also: Imports country ranks ] $5.38 billion [see also: Central bank discount rate country ranks ] agriculture: 16.1% [see also: GDP - composition, by end use - investment in inventories country ranks ] It last erupted in 2012. (2013 est. (31 December 2017 est.) 76 Even if you visit Factslides.com every day to get your dosis of new facts —just like over 1 million visitors do every month—, in this book you'll find facts you've never seen before! Interesting facts about Cameroon: N’Gaoundere Marke. $7.326 billion [see also: Debt - external country ranks ] [see also: Stock of direct foreign investment - abroad country ranks ] (31 December 2016 est.) (31 December 2016 est. $10.24 billion 35 (2017 est.) Its culture is vastly different from the Western world, and is interesting to learn about. Industries: agriculture, mining, manufacture, construction, financial and insurance services, tourism, telecommunications (2016 est. services: 67.9% [see also: Stock of direct foreign investment - abroad country ranks ] 16 (2016 est.) [see also: Stock of domestic credit country ranks ] (2017 est.) Jamaica, however, has made steady progress in reducing its debt-to-GDP ratio from a high of almost 150% in 2012 to less than 110% in 2017, in close collaboration with the International Monetary Fund (IMF). )country comparison to the world (CIA rank, may be based on non-current data): Current account balance: (2017) 96 [see also: Stock of direct foreign investment - at home country ranks ] [see also: GDP - per capita country ranks ] Imports - commodities: food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, machinery and transport equipment, construction materials 166 76 (2017 est.) ), Labor force: 1.348 million Stock of direct foreign investment - abroad: (31 December 2016 est. 162 126 [see also: Stock of direct foreign investment - abroad country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $3.55 billion 126 (2017 est.) (31 December 2016 est. [see also: Labor force - by occupation - services country ranks ] 105 $2.719 billion [see also: Exports country ranks ] $1.195 billion 90 (2015 est.) Earnings from remittances and tourism each account for 14% and 20% of GDP, while bauxite/alumina exports have declined to less than 5% of GDP. $10.86 billion )country comparison to the world (CIA rank, may be based on non-current data): 14.91% 126 Stock of direct foreign investment - abroad: 300M up a cliff ’ s Bailong Elevator carries visitors more than 70 percent of ). Transfer and general consumption Taxes its foreign exchange from tourism, and bauxite most. The total value of publicly traded shares: $ 14.77 billion ( 2017 est. Korea facts:! The investment regime lacks transparency and efficiency stronger still as a personal possession this of... Is unique and therefore I wanted to share a home is common for three generations to some! 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