Ireland vs Jamaica: Economic Indicators Comparison

Ireland with a GDP of $382.5B ranked the 33rd largest economy in the world, while Jamaica ranked 122nd with $15.7B. By GDP 5-years average growth and GDP per capita, Ireland and Jamaica ranked 1st vs 153rd and 7th vs 106th, respectively.

Gross Domestic Product & Income

StatIrelandJamaica
GDP$382.5B$15.7B
GDP growth, 1 year6.8%1.4%
GDP growth, 5-years average10.5%1%
Population4.8M2.9M
GDP per capita$79k$5.4k
GDP per capita growth7.14%1.45%
Purchasing Power Parity conversion factor0.873.98
Price level ratio of PPP conversion factor GDP to market exchange rate0.950.57
GDP per capita, PPP adjusted$79k$9.4k
GNI, Atlas method$297.9B$14.6B
GNI per capita$61k$5k
GNI, PPP adjusted$325.4B$26.1B
GNI per capita, PPP adjusted$67k$8.9k

Financial system and Human development

StatIrelandJamaica
Income Tax Rate41%25%
Corporate Tax Rate12.5%25%
Inflation, consumer prices0.7%3.7%
Inflation, GDP deflator0.8%4.8%
Unemployment5.7%9.5%
Economic Freedom Index80.968.5
Personal Freedom Index9.047.29
Human Freedom Index8.487.16
Property Rights Index86.662.1
Judical Effectiveness Index64.450.5
Business Freedom Index82.777.7
Fiscal Health Index91.480.2
Labor Freedom Index75.974
Investment Freedom Index9080
Financial Freedom Index7050
Trade Freedom Index86.468.4
Monetary Freedom Index85.377.7
Government Spending Index78.874.8
Tax Burden Index76.480
Government Integrity Index82.846.8
Corruption Perceptions Index7344
Life expectancy at birth, years8274.3
Suicide mortality rate, per 100,000 people11.52.2
Mortality caused by road traffic injury, per 100,000 people4.113.6
Intentional homicides, per 100,000 people0.957
International tourism, number of arrivals10.9M2.5M

Government debt & reserves

StatIrelandJamaica
Central government debt, % of GDP65.2%99.4%
External debt stocks, % of GNIN/A108%
External debt stocksN/A$16.3B
Short-term debt, % of total reservesN/A56.4%
Total debt service, % of exports and primary incomeN/A20.4%
Adjusted net savings including particulate emission damage, % of GNI16%15.9%
Gross savings, % of GDP36.6%21.3%
Gross capital formation, % of GDP23.8%23.3%
Total reserves including gold$5.2B$3.5B
Foreign direct investment net inflows$64.5B$774.6M

Exports, imports and economic structure

StatIrelandJamaica
Exports of goods and services, % of GDP122.3%38%
Imports of goods and services, % of GDP89.2%51.1%
Current account balance (balance of payments)$40.9B-$287.6M
Revenue excluding grants, % of GDP24.2%29.3%
Grants excluding technical cooperation, BoPN/A$96.8M
Personal remittances received$623.6M$2.5B
Industry including construction value added, % of GDP36.8%20.3%
Agriculture, forestry and fishing value added, % of GDP0.9%6.6%
Charges for the use of intellectual property, payments BoP$85.1B$50.8M
Charges for the use of intellectual property, receipts BoP$13.9B$5.3M
Expense, % of GDP23.3%26.7%
Government Expenditure, % of GDP26.6%29%

Compare with countries close by GDP per capita

Ireland vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k

Jamaica vs

CountryGDP
per capita
Population
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M