Commercial service exports in Jamaica
Jamaica: Commercial service exports was 5.22 billion current US$ in 2024. ◆ Volatile
Commercial service exports in Jamaica, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service exports in Jamaica is 5.22 billion current US$, measured in 2024.
That represents a change of down 0.3% on the previous year and up 78.9% over ten years.
Over the whole period, commercial service exports in Jamaica peaked at 5.24 billion current US$ in 2023 and was at its lowest, 205.20 million current US$, in 1977.
That places Jamaica 93rd out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Jamaica, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 222.60 million current US$ | — |
| 1977 | 205.20 million current US$ | -7.8% |
| 1978 | 269.60 million current US$ | +31.4% |
| 1979 | 330.60 million current US$ | +22.6% |
| 1980 | 375.10 million current US$ | +13.5% |
| 1981 | 405.30 million current US$ | +8.1% |
| 1982 | 465.10 million current US$ | +14.8% |
| 1983 | 520.10 million current US$ | +11.8% |
| 1984 | 545.30 million current US$ | +4.8% |
| 1985 | 563.60 million current US$ | +3.4% |
| 1986 | 707.20 million current US$ | +25.5% |
| 1987 | 795.30 million current US$ | +12.5% |
| 1988 | 746.10 million current US$ | -6.2% |
| 1989 | 828.90 million current US$ | +11.1% |
| 1990 | 975.50 million current US$ | +17.7% |
| 1991 | 950.10 million current US$ | -2.6% |
| 1992 | 1.06 billion current US$ | +11.6% |
| 1993 | 1.21 billion current US$ | +14.2% |
| 1994 | 1.45 billion current US$ | +19.9% |
| 1995 | 1.57 billion current US$ | +8.0% |
| 1996 | 1.57 billion current US$ | +0.4% |
| 1997 | 1.67 billion current US$ | +6.2% |
| 1998 | 1.74 billion current US$ | +4.3% |
| 1999 | 1.95 billion current US$ | +11.8% |
| 2000 | 1.99 billion current US$ | +2.0% |
| 2001 | 1.87 billion current US$ | -6.1% |
| 2002 | 1.88 billion current US$ | +0.7% |
| 2003 | 2.10 billion current US$ | +11.8% |
| 2004 | 2.26 billion current US$ | +7.6% |
| 2005 | 2.30 billion current US$ | +1.5% |
| 2006 | 2.61 billion current US$ | +13.8% |
| 2007 | 2.67 billion current US$ | +2.1% |
| 2008 | 2.76 billion current US$ | +3.5% |
| 2009 | 2.62 billion current US$ | -5.3% |
| 2010 | 2.60 billion current US$ | -0.6% |
| 2011 | 2.59 billion current US$ | -0.5% |
| 2012 | 2.72 billion current US$ | +5.2% |
| 2013 | 2.72 billion current US$ | -0.0% |
| 2014 | 2.92 billion current US$ | +7.3% |
| 2015 | 3.03 billion current US$ | +3.6% |
| 2016 | 3.19 billion current US$ | +5.2% |
| 2017 | 3.48 billion current US$ | +9.4% |
| 2018 | 3.80 billion current US$ | +9.0% |
| 2019 | 4.35 billion current US$ | +14.4% |
| 2020 | 1.97 billion current US$ | -54.7% |
| 2021 | 2.89 billion current US$ | +46.8% |
| 2022 | 4.49 billion current US$ | +55.5% |
| 2023 | 5.24 billion current US$ | +16.7% |
| 2024 | 5.22 billion current US$ | -0.3% |
Jamaica compared with similar countries
- Jamaica's 5.22 billion current US$ is above the median for upper middle income countries, which is 4.87 billion current US$, 1.1× the median. (57 countries reporting)
- Jamaica's 5.22 billion current US$ is above the median for Latin America & Caribbean, which is 2.96 billion current US$, 1.8× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Commercial service exports in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -54.7% | 4.35 billion current US$ | 1.97 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 257.00 million current US$ | 205.20 million current US$ | 330.60 million current US$ | 4 |
| 1980s | 595.20 million current US$ | 375.10 million current US$ | 828.90 million current US$ | 10 |
| 1990s | 1.42 billion current US$ | 950.10 million current US$ | 1.95 billion current US$ | 10 |
| 2000s | 2.31 billion current US$ | 1.87 billion current US$ | 2.76 billion current US$ | 10 |
| 2010s | 3.14 billion current US$ | 2.59 billion current US$ | 4.35 billion current US$ | 10 |
| 2020s | 3.96 billion current US$ | 1.97 billion current US$ | 5.24 billion current US$ | 5 |
Countries ranked near Jamaica
- 90 El Salvador 6.07 billion current US$ compare
- 91 Bahamas 5.84 billion current US$ compare
- 92 Oman 5.51 billion current US$ compare
- 94 Cambodia 5.16 billion current US$ compare
- 95 Maldives 5.02 billion current US$ compare
- 96 Kosovo 4.87 billion current US$ compare
- 96 Kosovo (UNSCR 1244) 4.87 billion current US$ compare
More private sector data for Jamaica
- Merchandise trade 41.3% (2025)
- Food imports 20.5% (2023)
- Manufactures imports 51.4% (2023)
- Merchandise imports 7.68 billion current US$ (2025)
- Food exports 30.4% (2023)
- Manufactures exports 3.0% (2023)
- Merchandise exports 1.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 595.33 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0744 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -9.53 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Jamaica?
- Commercial service exports in Jamaica was 5.22 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Jamaica?
- The highest recorded value was 5.24 billion current US$ in 2023.
- What is the lowest commercial service exports recorded in Jamaica?
- The lowest recorded value was 205.20 million current US$ in 1977.
- How does Jamaica rank for commercial service exports?
- Jamaica ranks 93rd out of 200 countries with data for 2024.
- Is commercial service exports rising or falling in Jamaica?
- Over the last ten years it is up 78.9%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. 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.