Selected Economic Indicators on Jamaica 1990 - 1995.
|
Indicators |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
|
Production |
||||||
|
GDP at current prices (US$ billion) |
3.735 |
2.147 |
3.29 |
2.89 |
3.9 |
4.58 |
|
GDP at constant prices (US$ billion) |
3.156 |
3.179 |
3.224 |
3.271 |
3.296 |
3.326 |
|
Real GDP Growth |
5.5 |
0.7 |
1.4 |
1.4 |
0.8 |
0.5 |
|
Real GDP per capita (US$) |
1,471 |
1,306 |
1,311 |
1,317 |
1,314 |
1,325 |
|
External Trade |
||||||
|
Total Imports (US$ billion) |
1.942 |
1.799 |
1.775 |
2.189 |
2.171 |
2.773 |
|
Imports of Raw Materials |
986.6 |
1178 |
1188.8 |
1322.7 |
1363.8 |
1562.8 |
|
Total Exports (US$ billion) |
1.158 |
1.15 |
1.053 |
1.075 |
1.224 |
1.429 |
|
Non traditionals (US$m) |
223.1 |
226.5 |
296.0 |
345.1 |
405.8 |
464.3 |
|
Apparel exports** (US$m) |
127.8 |
127.8 |
170.5 |
239.4 |
246.6 |
282.3 |
|
Traditionals |
899.6 |
830.2 |
735.8 |
713.3 |
777.0 |
916.2 |
|
Alumina/bauxite exports (US$ m) |
738.3 |
655.9 |
559.9 |
524.0 |
609.2 |
704.2 |
|
Sugar exports (US$m) |
85.8 |
87.4 |
82.5 |
97.5 |
68.6 |
95.9 |
|
Banana exports (US$m) |
37.6 |
42.1 |
39.6 |
35.6 |
46.1 |
48.2 |
|
Export of Goods & Services (US$m) |
1,073.4 |
1,066.4 |
1,366.2 |
1,309.0 |
1,414.5 |
1,973.3 |
|
Merchandise trade deficit (US$ billion) |
(0.784) |
(0.649) |
(0.722) |
(1.114) |
(0.947) |
(1.344) |
|
Balance on Goods & Services |
(599.4) |
(508.6) |
(328.9) |
(571.1) |
(457.0) |
(834.3) |
|
Exports as %age of GDP |
36.7 |
36.2 |
32.7 |
32.9 |
37.1 |
43.0 |
|
Trade Dependency (Total merchandise trade as % of GDP) |
98.2 |
92.8 |
87.7 |
99.8 |
103.0 |
126.3 |
|
Net International Reserves (NIR) ($USm) |
(447.8) |
(443.0) |
(67.4) |
51.1 |
398.6 |
421.3 |
|
Sector Performance |
||||||
|
Agriculture: Share of GDP |
6.2 |
6.2 |
6.9 |
7.5 |
8.0 |
8.1 |
|
Manufacturing: Share of GDP |
21.2 |
19.4 |
19.4 |
18.8 |
18.5 |
18.2 |
|
Services: Share of GDP |
61.5 |
64.2 |
66.3 |
66.6 |
72.4 |
74.7 |
|
Tourism Foreign Exchange Earnings (US$m) |
740.0 |
764.0 |
858.0 |
842.0 |
915.0 |
965.0 |
|
Visitor arrivals (million) |
1.236 |
1.341 |
1.563 |
1.616 |
1.575 |
1.624 |
|
Stop over visitors (thousands) |
841 |
845 |
909 |
979 |
977 |
1,019 |
|
Prices |
||||||
|
Annual Average Exchange Rate |
8.17 |
20.91 |
22.2 |
32.7 |
33.28 |
35.49 |
|
Average Annual Inflation (%) |
29.8 |
80.2 |
40.2 |
30.1 |
26.7 |
25.5 |
|
Weighted Average Loan Rate - Commercial Banks (%) |
24.5 |
27.5 |
23 |
39.8 |
29.3 |
18.1 |
|
Treasury Bill rate (%) |
34 |
38.45 |
24.6 |
48.9 |
29.4 |
21.35 |
|
Stock Market Index |
2,539 |
7,682 |
25,746 |
13,100 |
14,214 |
14,267 |
|
Manpower |
||||||
|
Population (million) |
2.415 |
2.436 |
2.461 |
2.482 |
2.509 |
2.530 |
|
Population growth rate (%) |
1 |
0.9 |
1 |
0.9 |
1.1 |
0.8 |
|
Unemployment Rate (%) |
15.3 |
15.4 |
15.7 |
16.3 |
15.4 |
16.2 |
|
Employed Labour Force (thousands) |
898 |
908 |
910 |
906 |
965 |
963 |
|
Free Zone Activity |
||||||
|
Exports from Free Zones (US$m) |
158 |
184.4 |
214.4 |
260.3 |
289.8 |
335.3 |
|
Employment in Free Zones |
11,568 |
11,905 |
14,220 |
15,791 |
16,253 |
15,373 |