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Jamaica

Jamaica ยท JAM ยท North America

25

Risk Score

Guardedโ†’ Stable

Risk Factors

No recent events in pipeline

Overview

Jamaica is a Caribbean island nation famous for its vibrant culture, music, and tourism industry. It is working to diversify its economy beyond tourism and bauxite mining, focusing on logistics and business process outsourcing. The country faces challenges such as high public debt, vulnerability to natural disasters, and crime.

Leadership

King Charles III

Monarch (represented by Governor-General Sir Patrick Allen)

GOVERNMENT: Parliamentary constitutional monarchy

Economy

GDP

$20.0B

GDP per Capita

$6.5K

GDP Growth

+2.5%

Inflation

5.0%

Unemployment

7.0%

TourismBauxite/AluminaAgricultureManufacturingRemittances

Trade

Key Exports

AluminaBauxiteSugarRumCoffeeYamsBeveragesChemicalsMineral fuels

Key Imports

Food and other consumer goodsIndustrial suppliesFuelParts and accessoriesMachinery and transport equipment

Top Partners

United StatesNetherlandsCanadaUnited KingdomChina