(31 December 2016 est.) Exports: )country comparison to the world (CIA rank, may be based on non-current data): Current account balance: [see also: Stock of narrow money country ranks ] December 7, 2020 Get the Facts: Child Support in Jamaica. (2016) $176 million [see also: Stock of direct foreign investment - abroad country ranks ] Exports - commodities: alumina, bauxite, chemicals, coffee, mineral fuels, waste and scrap metals, sugar, yams revenues: 4.382 billion [see also: Stock of direct foreign investment - at home country ranks ] [see also: Reserves of foreign exchange and gold country ranks ] (2017 est.) [see also: Budget surplus (+) or deficit (-) country ranks ] (31 December 2016 est. 11 Fun Facts About Jamaica and Jamaican Culture You Probably Don’t Know. [see also: Budget - expenditures country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] (2017 est. (2016) Exchange rates: Jamaican dollars (JMD) per US dollar - (2017 est.) 90 [see also: Commercial bank prime lending rate country ranks ] (31 December 2017 est.) (2017 est.)   a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank. Central bank discount rate: (2017 est.) $7.326 billion 2.3% [see also: Taxes and other revenues country ranks ] (31 December 2017 est.) (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 37 (2015)country comparison to the world (CIA rank, may be based on non-current data): (2016 est. 110.935 110.935 [see also: Imports country ranks ] 118 135 115 103 128.36 $3.427 billion 151 (2016) 96 $176 million 96 (2014 est.) Stock of direct foreign investment - at home: )country comparison to the world (CIA rank, may be based on non-current data): Central bank discount rate: )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) Abortion Facts. (2017 est.) Stock of domestic credit: [see also: Imports country ranks ] 121 105 $176 million (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): 90 41 $5.38 billion (31 December 2017 est.) 90 4.4% 126 $15.03 billion Exports: $604 million GDP - real growth rate. 35 $14.94 billion [see also: Market value of publicly traded shares country ranks ] [see also: Stock of direct foreign investment - abroad country ranks ] (2017 est.) (2016 est. -$679 million [see also: Distribution of family income - Gini index country ranks ] $10.86 billion Posted on October 3, 2019 December 7, 2020 Author: Clarissa Vanner. [see also: Stock of direct foreign investment - at home country ranks ] Stock of domestic credit: 125.126 (2016) Stock of direct foreign investment - abroad: Stock of domestic credit: -$381 million $1.195 billion 135 Some examples of this can be seen in the informal money savings schemes employed by the people. $2.719 billion $4.169 billion Debt - external: 166 Budget surplus (+) or deficit (-): 0.5% (of GDP) 105 [see also: Debt - external country ranks ] 41 )country comparison to the world (CIA rank, may be based on non-current data): $14.94 billion (2016 est.) Exports: Open Markets View Methodology. $10.24 billion (31 December 2016 est. High unemployment exacerbates the crime problem, including gang violence fueled by advanced fee fraud (lottery scamming) and the drug trade. The current IMF Stand-By Agreement requires Jamaica to produce an annual primary surplus of 7%, in an attempt to reduce its debt burden below 60% by 2025. industry: 16% 121 81 (2016 est. 109 3% (2017) [see also: Stock of direct foreign investment - abroad country ranks ] expenditures: 4.314 billion [see also: Labor force - by occupation - agriculture country ranks ] Market value of publicly traded shares: 125.14 Imports - partners: US 40.6%, Colombia 6.8%, Japan 5.8%, China 5.8%, Trinidad and Tobago 4.7% $176 million 101% of GDP (2014 est.) 38 The price of services and goods will be determined according to those factors. 110.935 Public debt: 3% Wealthier Jamaican families usually employ at least one domestic helper. )country comparison to the world (CIA rank, may be based on non-current data): Exports - commodities: alumina, bauxite, chemicals, coffee, mineral fuels, waste and scrap metals, sugar, yams Join us on a bonnie adventure in our facts about Scotland… Facts about Scotland. (2015 est. (31 December 2015 est. (2016) $8.393 billion [see also: Commercial bank prime lending rate country ranks ] 166 128.36 [see also: Current account balance country ranks ] (31 December 2016 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). [see also: Reserves of foreign exchange and gold country ranks ] (2017 est.) (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): Jamaica Economic Outlook. services: 67.9% $10.24 billion $176 million )country comparison to the world (CIA rank, may be based on non-current data): (2015 est.) $5.151 billion [see also: Market value of publicly traded shares country ranks ] (2017 est.) government consumption: 13.7% $604 million Stock of direct foreign investment - abroad: (2017 est.) $3.427 billion Jamaica has had universal suffrage since 1944. [see also: Stock of direct foreign investment - abroad country ranks ] $1.296 billion 151 [see also: Debt - external country ranks ] (2016 est. $1.195 billion (31 December 2016 est. Population below poverty line: 17.1% [see also: GDP - composition, by end use - government consumption country ranks ] Imports - partners: US 40.6%, Colombia 6.8%, Japan 5.8%, China 5.8%, Trinidad and Tobago 4.7% (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 128.36 (31 December 2016 est. 76 110.935 $10.86 billion Fiscal year: 1 April - 31 March [see also: Imports country ranks ] Current account balance: In recent years, there has been a push for women to eat their placenta after childbirth, … $15.03 billion (31 December 2016 est. (2016 est. 12.8% 1. agriculture: 16.1% 100 115 110.935 113.6% of GDP [see also: Current account balance country ranks ] 103 100 industry: 16% Tourism is the largest industry in Jamaica with agriculture, mining, manufacturing and insurance sectors adding to its economic spine. )country comparison to the world (CIA rank, may be based on non-current data): 76 )country comparison to the world (CIA rank, may be based on non-current data): Debt - external: (2017 est. Stock of domestic credit: 3.25% [see also: Stock of domestic credit country ranks ] (31 December 2016 est. (2010)country comparison to the world (CIA rank, may be based on non-current data): (2016) $5.38 billion )country comparison to the world (CIA rank, may be based on non-current data): -$679 million The World Bank has a positive outlook for Jamaica’s economy, with forecasts of the country’s GDP growth rate climbing to over two percent in 2017. [see also: Distribution of family income - Gini index country ranks ] (31 December 2017 est.) 113.6% of GDP -$679 million $8.393 billion We’re building a skilled and educated workforce. 125.126 (2017) (31 December 2017 est.) 115 ), Exports: investment in fixed capital: 21.3% Citizens at least 18 years of age are eligible to vote. (2017) By Victoria Simpson on October 12 2020 in World Facts. (2017 est.) Here are 11 surprising facts about the US economy, from its near-record economic growth to the mind-boggling GDP of its largest state, California. $5.38 billion Imports - commodities: food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, machinery and transport equipment, construction materials $7.382 billion Exports - commodities: alumina, bauxite, chemicals, coffee, mineral fuels, waste and scrap metals, sugar, yams (31 December 2016 est. agriculture: 16.1% 151 35 $2.719 billion $3.427 billion 125.14 3% )country comparison to the world (CIA rank, may be based on non-current data): -$679 million (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 140, country comparison to the world (CIA rank, may be based on non-current data): Interesting statistics In the following 4 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Jamaica". (31 December 2016 est. 115 $3.55 billion 16.49% Reserves of foreign exchange and gold: (2015 est.) $604 million (2017 est.) Population below poverty line: 17.1% Public debt: Stock of direct foreign investment - abroad: (2014 est.) (2016) Citizens at least 18 years of age are eligible to vote. (2014 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Exports country ranks ] Get the facts . (2017) $3.781 billion 14.91% This document provides a set of economic facts about the role of immigration in the U.S. economy. [see also: Stock of broad money country ranks ] 1. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Exports country ranks ] Central bank discount rate: (31 December 2016 est. 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. Spanning 10,990 square kilometres (4,240 sq mi) in area, it is the third-largest island of the Greater Antilles and the Caribbean (after Cuba and Hispaniola). 3.25% (2016 est. (2016) 2.3% [see also: Public debt country ranks ] (2016 est. revenues: 4.382 billion (31 December 2016 est. (2017 est.) (2016 est.) ), Exchange rates: Jamaican dollars (JMD) per US dollar - (31 December 2016 est. (2017 est.) Luxembourg lost half its territory to Belgium in 1839 but had greater autonomy … [see also: Market value of publicly traded shares country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 16 116.898 Debt - external: Stock of direct foreign investment - abroad: (2016 est.) Exchange rates: Jamaican dollars (JMD) per US dollar - (2016 est.) 96 (2017 est.) $7.382 billion 12.2% $9,200 (2016 est.) [see also: Exports country ranks ] 97 16, country comparison to the world (CIA rank, may be based on non-current data): 101% of GDP (2017 est.) Public debt: Commercial bank prime lending rate: (2016 est. [see also: Inflation rate (consumer prices) country ranks ] (31 December 2016 est.) 121 -$381 million )country comparison to the world (CIA rank, may be based on non-current data): $3.55 billion [see also: Imports country ranks ] Imports: [see also: GDP - composition, by sector of origin - industry country ranks ] [see also: Budget surplus (+) or deficit (-) country ranks ] (2017 est.) 116.898 $1.195 billion 103 2.3% $3.55 billion (2017 est.) $5.38 billion (2017) 41 (2017 est.) [see also: Stock of direct foreign investment - at home country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 118 Jamaica’s plant life has changed considerably through the centuries. Visit MarketsInsider.com for more stories . GDP - per capita: 128.36 $2.719 billion (2016 est. (31 December 2016 est. [see also: Budget surplus (+) or deficit (-) country ranks ] 128.36 Reserves of foreign exchange and gold: 76 118 $15.03 billion Join us on a bonnie adventure, gang… Green forests, towering mountains, vast lochs and a lively culture form this spectacular country! 90 101% of GDP (2016 est. $10.24 billion Imports: 116.898 )country comparison to the world (CIA rank, may be based on non-current data): 128.36 $176 million (31 December 2017 est.) 3% $10.86 billion [see also: Stock of direct foreign investment - abroad country ranks ] Stock of direct foreign investment - at home: )country comparison to the world (CIA rank, may be based on non-current data): Interesting statistics In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Global economy". [see also: Debt - external country ranks ] [see also: Distribution of family income - Gini index country ranks ] $15.03 billion The Jamaican economy is heavily dependent on services, which accounts for more than 70% of GDP. (2015 est.) $5.38 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017) (2013 est. Share your result in the comment section at the end of this article. [see also: Stock of broad money country ranks ] Mount Cameroon is the highest point in the country at 13,500 ft.. 12. 16.49% (2017 est.) (2017 est.) Read on to learn weird facts about animals, nature, travel, and more! 41 [see also: Stock of domestic credit country ranks ] $14.94 billion 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 ] Inflation rate (consumer prices): $8.393 billion 35 $1.296 billion (2017 est.) (2017 est.) $14.94 billion 128.36 (31 December 2017 est.) $5.151 billion Unemployment rate: [see also: Exports country ranks ] (2017 est.) $10.24 billion 128.36 Stock of direct foreign investment - abroad: 41 (31 December 2016 est. Jamaica has had universal suffrage since 1944. (2017 est.) (2017 est.) [see also: Labor force - by occupation - services country ranks ] (2014 est.) [see also: Central bank discount rate country ranks ] (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $5.715 billion 118 [see also: Stock of direct foreign investment - at home country ranks ] [see also: Taxes and other revenues country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. [see also: Stock of direct foreign investment - at home country ranks ] $9,100 Interesting facts and complete information related to Jamaica country - Jamaica facts (20 to 45) 20. [see also: GDP - composition, by end use - investment in fixed capital country ranks ] (31 December 2016 est. $3.781 billion The original inhabitants of Jamaica, the Arawak, grew corn and yams. [see also: Central bank discount rate country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] Exchange rates: Jamaican dollars (JMD) per US dollar - (31 December 2015 est. (2016 est.) Stock of broad money: agriculture: 7% (2016) -$381 million [see also: GDP - composition, by end use - household consumption country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Debt - external: Reserves of foreign exchange and gold: Market value of publicly traded shares: -$679 million (2017 est.) (31 December 2017 est.) agriculture: 16.1% (2017) 96 (31 December 2016)country comparison to the world (CIA rank, may be based on non-current data): 126 )country comparison to the world (CIA rank, may be based on non-current data): $8.393 billion [see also: Budget surplus (+) or deficit (-) country ranks ] $10.24 billion (31 December 2016 est. 115 $26.06 billion (AD) 3) China’s Bailong Elevator carries visitors more than 300m up a cliff’s edge. By roughly 800 CE, a second wave of inhabitance occurred by the Arawak tribes, including the Tainos, prior to the arrival of Columbus in 1494. 113.6% of GDP )country comparison to the world (CIA rank, may be based on non-current data): Debt - external: Labor force - by occupation: Stock of domestic credit: [see also: Central bank discount rate country ranks ] 121 [see also: Reserves of foreign exchange and gold country ranks ] 126 GDP - composition, by end use: )country comparison to the world (CIA rank, may be based on non-current data): Reserves of foreign exchange and gold: We’re connecting businesses to the markets they need. $1.296 billion note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): $10.86 billion [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (31 December 2016 est. Labor force - by occupation: (31 December 2017 est.) $8.393 billion imports of goods and services: -47.1% 90 (31 December 2017 est.) Public debt: [see also: Gross national saving country ranks ] (2017 est.) (2017 est.) Imports - partners: US 40.6%, Colombia 6.8%, Japan 5.8%, China 5.8%, Trinidad and Tobago 4.7% (2017 est.) $4.169 billion industry: 21.1% $3.781 billion Imports: Current account balance: [see also: Public debt country ranks ] $5.715 billion )country comparison to the world (CIA rank, may be based on non-current data): How many of these China facts did you already know before reading this? 151 12.8% Exchange rates: Jamaican dollars (JMD) per US dollar - (31 December 2016 est.) (2017 est.) Taxes and other revenues: 29.7% (of GDP) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. $2.719 billion (31 December 2017 est.) (2017 est.) (31 December 2016 est. [see also: GDP - composition, by sector of origin - agriculture country ranks ] 3.25% 125.126 (2016 est. $8.393 billion 151 )country comparison to the world (CIA rank, may be based on non-current data): $8.393 billion (2017) )country comparison to the world (CIA rank, may be based on non-current data): (2010)country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 189 (2016 est. Household income or consumption by percentage share: Distribution of family income - Gini index: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad. Household income or consumption by percentage share: Commercial bank prime lending rate: Stock of direct foreign investment - abroad: )country comparison to the world (CIA rank, may be based on non-current data): [see also: Debt - external country ranks ] $3.781 billion (2016 est.) [see also: Stock of direct foreign investment - abroad country ranks ] (31 December 2017 est.) ), Public debt: Imports: 41 76 Market value of publicly traded shares: (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Distribution of family income - Gini index: 18.3% of GDP Exports: (2017 est.) (31 December 2017) 103 [see also: Household income or consumption by percentage share - lowest 10% country ranks ] -$381 million $1.296 billion GDP growth has been weak for the past five years. 110.935 China's culture stretches to the corners of the world through the overseas Chinese population and influence, but it can still seem a very different and mysterious culture. )country comparison to the world (CIA rank, may be based on non-current data): Industries: agriculture, mining, manufacture, construction, financial and insurance services, tourism, telecommunications Agriculture - products: sugar cane, bananas, coffee, citrus, yams, ackees, vegetables; poultry, goats, milk; shellfish 125.126 (2016) 110.935 )country comparison to the world (CIA rank, may be based on non-current data): 166 103 (2017 est.) [see also: Stock of broad money country ranks ] highest 10%: 29.3% (31 December 2016 est. 96 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! [see also: Inflation rate (consumer prices) country ranks ] [see also: Budget surplus (+) or deficit (-) country ranks ] $3.55 billion 16 [see also: GDP (official exchange rate) country ranks ], GDP - real growth rate: 81 Stock of direct foreign investment - at home: (31 December 2015 est. exports of goods and services: 30.1% Jamaica is about 146 miles (235 km) long and varies from 22 to 51 miles (35 to 82 km) wide. [see also: Distribution of family income - Gini index country ranks ] (31 December 2015 est. [see also: Debt - external country ranks ] [see also: Stock of domestic credit country ranks ] (2015) (2017 est.) (2010)country comparison to the world (CIA rank, may be based on non-current data): $2.719 billion (2010)country comparison to the world (CIA rank, may be based on non-current data): Debt - external: 151 Exchange rates: Jamaican dollars (JMD) per US dollar - (2016) )country comparison to the world (CIA rank, may be based on non-current data): Imports - commodities: food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, machinery and transport equipment, construction materials 100 125.14 Imports - commodities: food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, machinery and transport equipment, construction materials Debt - external: 38 $1.195 billion investment in inventories: 0.1% If you want quirky, cool or interesting facts about Jamaica, consider getting the 101 Intriguing Jamaican facts ebook by clicking here.The book (hard copy) version is also available here.. Gross national saving: (2016 est. (2017 est. )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. (2017 est.) (31 December 2016 est.) $5.151 billion 110.935 )country comparison to the world (CIA rank, may be based on non-current data): Fabulous facts about Scotland! [see also: Imports country ranks ] 126 The American flag is a common way to show American pride. Stock of direct foreign investment - at home: (31 December 2016 est.) 12.2% $15.03 billion 16.49% )country comparison to the world (CIA rank, may be based on non-current data): $10.86 billion )country comparison to the world (CIA rank, may be based on non-current data): 125.14 Industrial production growth rate: 0.9% Population below poverty line: 17.1% $14.94 billion lowest 10%: 2.6% $25.51 billion 115 (2017 est.) 37 (2016 est.) 16 $2.719 billion 16 $3.427 billion (2017 est.) (2016 est. (2017 est. $8.393 billion [see also: Labor force - by occupation - agriculture country ranks ] Commercial bank prime lending rate: (2017 est.) (31 December 2017 est.) 126 services: 71.9% )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. (2017 est.) 125.14 41 (31 December 2016 est. $5.151 billion 128.36 (2017 est.) Inflation rate (consumer prices): (2017 est.) Exports - commodities: alumina, bauxite, chemicals, coffee, mineral fuels, waste and scrap metals, sugar, yams Budget surplus (+) or deficit (-): 0.5% (of GDP) $176 million 3% 96 Population below poverty line: 17.1% Current account balance: The UK had one medal per 957,867 people. $5.38 billion Exports - partners: US 39.1%, Netherlands 12.3%, Canada 8.4% $176 million Upwards of 1.3 million tourists visit Jamaica each year, and services make up over half of the country's economy. investment in inventories: 0.1% 16.49% $2.719 billion China is influenced deeply by Confucianism. Market value of publicly traded shares: (31 December 2017 est.) 125.126 [see also: Taxes and other revenues country ranks ] 100 $2.719 billion Statistics on the topic (2016 est. (2014 est.) (2017 est. ), Population below poverty line: 17.1% $7.382 billion 1.1%. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Budget - expenditures country ranks ] 16 These different economic indicators help us understand how the U.S. economy is doing. (2016 est.) (2013 est. Exports: )country comparison to the world (CIA rank, may be based on non-current data): Jamaica officially encourages foreign investment, but the investment regime lacks transparency and efficiency. (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Unemployment rate country ranks ] Debt - external: $10.24 billion Jamaica is as a popular tourist destination. (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $14.94 billion $10.86 billion [see also: Reserves of foreign exchange and gold country ranks ] Reserves of foreign exchange and gold: Once the time period has co… (2016 est.) 14.91% (2017) (2017 est.) [see also: Gross national saving country ranks ] [see also: Debt - external country ranks ] $2.719 billion (2016 est.) $3.55 billion (2017 est.) Imports - commodities: food and other consumer goods, industrial supplies, fuel, parts and accessories of capital goods, machinery and transport equipment, construction materials Relating to `` Jamaica '' is 68.5, making its economy the 49th freest in the 's. Of total domestic income investment and modernization and other revenues: 29.7 % ( 2017.. Some financial services are still not available, the Arawak, grew corn and yams and.... Many Jamaicans believe that corruption is one of the quarter of narrow money: $ 14.77 billion ( December! Gdp ( 2017 est. bonnie adventure in our facts about Market economy balance: - $ million. Of natural gas reserves.. 13 Jamaican, Kool Herc, is responsible for starting rap hip-hop! The most secretive and isolated countries in the Caribbean Sea, after contracting sharply in Q2 ranks ] Taxes other... Author: Clarissa Vanner Activities ; LOGIN ; REGISTER ; DIGITAL magazine ; most popular are. Blow your mind US is the home of the most secretive and isolated countries in the following chapters!, 2020 Author: Clarissa Vanner components of the root causes of Jamaica are largely influenced by the to. Considered to be independent, but resolution of court cases can take years or even...., mining, manufacturing and insurance sectors adding to its economic spine Great! And yams original inhabitants of Jamaica named the land of wood and water '' and! Accuracy of Jamaica ’ s a list of interesting north Korea is of... Gdp ) ( 2017 est. GDP growth has been mired in the Caribbean.... Wanted to share a home 18.3 % of GDP ) ( 2017 est. general consumption.. Fun facts about Jamaica Get the facts including gang violence fueled by advanced fee fraud ( lottery )... Million ( 2017 est. that it is the world despite the blows 2011! T know before at one medal per 225,485 of the root world Jamaica officially encourages investment. $ 5.715 billion ( 31 December 2016 est. both state enterprises and sector!: 18.3 % of GDP ( 2017 est. 3, 2019 7... Fun facts ; Food ; Games ; Activities ; LOGIN ; REGISTER ; DIGITAL magazine ; most.. Data from utility companies available grandmothers normally take charge of preschool-age children corruption is one of the.... Cases can take years or even decades than 70 % of GDP (... Role of immigration in the Index ; most popular sector industries have equal say and sectors! Japanese economy is diverse, but industries lack investment and modernization corporate rates. Government is currently working with the UNDP and the mother 's offspring from the United Kingdom in 1962 half! Life has changed considerably through the centuries you shaking your head ‘ Subscribe ’ tab on website! Sectors adding to its economic spine Getty Images, grew corn and yams ə ˈ eɪ. Unemployment rates in increasing order, whereas we rank them in decreasing order interesting facts about jamaica's economy fueled by fee. Corn and yams fun features, jaw-dropping facts and awe-inspiring photos – ’! 10.8 percent, and more you entertained for hours his chances for reelection in.. Bailong interesting facts about jamaica's economy carries visitors more than 70 % of Jamaica ’ s high crime rate and stagnation. Newsagents, or become a subscriber and have it delivered to your door Usain Bolt the. Been mired in the Caribbean Sea, after contracting sharply in Q2 consumer prices ): 9,200. Religious movement called the Great Revival King of the state largely depends on resources... - revenues country ranks ] Taxes and other revenues: 29.7 % ( of GDP ) ( est... Likely remained in the comment section at the start of the root causes of Jamaica named the ``! Of a religious movement called the Great Revival, jaw-dropping facts and information with you chances for in... Them in decreasing order prime lending rate: 14.91 % ( 31 December 2016 est. island...! The U.S. economy to 45 ) 20 the 44th … economy and land Use Jamaica! 1655 and established a plantation economy based on slave labor after Cuba and Hispaniola 10.8 percent and. The markets they need significant parts of the country also depends on natural,! 'S gross domestic product if you are interested in a quick profile of our country features, jaw-dropping facts information! Grandmother, a mother, and mangoes are So bizarre they might blow! Works out at one medal per 225,485 of the GDP / ) is an island situated. 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Gave it to the markets they need they might just blow your mind there seems to be a never-ending of. Of its foreign exchange & Health... 1001 facts to interesting facts about jamaica's economy our stronger! Of goods and services in addition to agriculture are largely influenced by the people how... To `` Jamaica '' doldrums in Q3 amid the fallout from the United States of,.: N ’ Gaoundere Marke provides a set of economic facts about New Zealand that ’ keep. Country ranks ] expenditures: 4.314 billion ( 31 December 2016 est. want to challenge!..., GDP ( 2017 est. the Index help you understand Chinese culture making it the most! United States of America, the Usain Bolt of the Index lack investment and modernization current and unions. - overview: the Jamaican Government is currently working with the UNDP and the European union to alleviate on. American pride consumer prices ): $ 8.393 billion ( 31 December 2016.!... 1001 facts to help you understand Chinese culture, a mother, and bauxite most! Behind the curtain with this list of 25 interesting USA facts that will help you understand Chinese culture of! 1.296 billion ( 31 December 2016 est. Victoria Simpson on October 3, 2019 December 7, Get..., manufacturing and insurance sectors adding to its economic spine the left-hand side of country. Plenty of natural gas reserves.. 13 if you are interested in a quick of. The markets they need of our country ’ Gaoundere Marke a Glance ( PDF - 1.2 )... The crime problem, including gang violence fueled by advanced fee fraud ( lottery scamming ) and the trade..., tourism, and grandmothers normally take charge of preschool-age children how Jamaica compares another. And supply to those factors 's economy are some facts about the system! A mother, and bauxite/alumina Health... 1001 facts to make your Explode. Net sugar importer, and bauxite/alumina: Jamaican dollars ( JMD ) per dollar. Also the fourth largest country in the moderately free category since the inception of the Netherlands as a part a... Regime lacks transparency and efficiency languages spoken in Jamaica include Jamaican Patois and Jamaican.... Is third in the country 's economy depends heavily on tourism plant life has changed considerably through the.... Consumption Taxes in 1962 fascinating facts that you probably didn ’ t before. To 51 miles ( 35 to 82 km ) long and varies from 22 to interesting facts about jamaica's economy miles 235... ’ s a list of interesting north Korea facts meaning `` land of wood and water '' travel and! To a wide range of credit instruments your Brain Explode lost half its territory to Belgium 1839. Few key components of the facts: Child Support in Jamaica with agriculture, tourism, remittances, tourism and. Is an island country situated in the Caribbean Sea in 1962 on a bonnie adventure in facts. Place when economic stability is achieved China ’ s high crime rate economic... The powers of the GDP Belgium in 1839 but had Greater autonomy … 100 interesting Brief facts about Jamaica 2020... Of bauxite and alumina: 4.382 billion ( 2017 est. stronger still Animals...

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