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Jamaica
This information comes from the assessment conducted in country for the Jamaica report, which was published in January 2008.
Each of the areas covered in this report have an immediacy that cannot be overstated. Namely, they each have a direct and critical bearing on Jamaica’s ability to rise to the promise of economic reform based on sound market principles that was enunciated by its new government, elected in September 2007. The new government faces serious long-term problems in the economy, including large-scale unemployment, underemployment and economic informality; a high debt burden attributable to government bailouts in the past of ailing sectors of the economy; and a crime problem – coupled with the perception of even more crime – that acts as a drag on economic growth.
| Key Development Data & Statistics |
Year |
Latest Data |
| External debt stocks (% of GNI) |
2007 |
101.2 |
| GDP (current US$) (billions) |
2007 |
11.4 |
| GNI per capita, Atlas method (current US$) |
2007 |
3,330 |
| Population, total (millions) |
2007 |
2.7 |
| Population growth (annual %) |
2007 |
0.5 |
| Exports (current US$) (billions) |
2007 |
2.57 |
| Imports (current US$) (billions) |
2007 |
7.19 |
Top Exports: alumina, bauxite, sugar
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Top Imports: food and other consumer goods, industrial supplies, fuel
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Source: World Bank Group 2009, CIA World Factbook 2009
For additional economic indicators, please visit the World Bank's "Private Sector at a Glance."
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