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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