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Economy of Jamaica vs Kyrgyzstan compared: GDP & Debt

Updated on by Georank team

Jamaica has a GDP of $22B compared to $17.5B for Kyrgyzstan, ranking 124/197 and 135/197 by economy size, respectively.

Jamaica has $14B in government debt (63.4% of GDP), compared to $6.56B (37.5% of GDP) in Kyrgyzstan.

Jamaica vs Kyrgyzstan GDP by year

Jamaica
Kyrgyzstan
1x
Year GDP, current $
Jamaica Kyrgyzstan
2024 $22,014,397,090 $17,478,259,659
2023 $21,418,804,320 $15,180,842,369
2022 $18,813,516,805 $12,134,931,018
2021 $15,963,885,376 $9,249,133,946
2020 $15,000,214,216 $8,270,468,614
2019 $17,026,269,263 $9,371,275,264
2018 $16,855,447,986 $8,271,106,235
2017 $15,783,583,237 $7,702,938,379
2016 $14,898,999,754 $6,813,095,379
2015 $14,963,589,916 $6,678,177,512
2014 $13,899,217,680 $7,468,102,413
2013 $14,264,205,153 $7,335,033,801
2012 $14,807,086,556 $6,605,142,884
2011 $14,444,661,522 $6,197,765,984
2010 $13,220,549,908 $4,794,361,863
2009 $12,120,458,115 $4,690,061,381
2008 $13,709,401,520 $5,139,958,909
2007 $12,799,600,047 $3,802,570,553
2006 $11,930,179,090 $2,834,168,889
2005 $11,243,865,778 $2,460,246,766
2004 $10,174,664,854 $2,211,534,585
2003 $9,430,234,811 $1,919,008,090
2002 $9,719,009,495 $1,605,643,105
2001 $9,194,727,831 $1,525,116,370
2000 $9,005,064,475 $1,369,688,498
1999 $8,887,057,997 $1,249,061,487
1998 $8,787,195,622 $1,645,963,750
1997 $8,400,041,724 $1,767,864,036
1996 $7,393,891,921 $1,827,570,586
1995 $6,577,520,643 $1,661,147,035
1994 $5,452,558,947 $1,681,780,847
1993 $5,440,075,676 $2,026,019,253
1992 $3,535,460,090 $2,315,346,943
1991 $4,106,207,649 $2,542,256,424
1990 $4,592,208,087 $2,660,202,623
1989 $4,404,937,853 -
1988 $3,828,342,820 -
1987 $3,287,007,322 -
1986 $2,754,549,582 -
1985 $2,100,239,019 -
1984 $2,373,564,549 -
1983 $3,619,262,277 -
1982 $3,293,496,312 -
1981 $2,979,027,966 -
1980 $2,679,379,372 -
1979 $2,425,064,229 -
1978 $2,644,527,822 -
1977 $3,249,733,140 -
1976 $2,966,042,856 -
1975 $2,860,442,750 -
1974 $2,375,122,375 -
1973 $1,905,917,553 -
1972 $1,875,146,587 -
1971 $1,539,861,816 -
1970 $1,404,720,442 -
1969 $1,191,239,047 -
1968 $1,083,839,133 -
1967 $1,148,014,311 -
1966 $1,096,759,561 -
1965 $972,159,611 -
1964 $897,949,001 -
1963 $826,706,669 -
1962 $777,727,689 -
1961 $748,043,501 -
1960 $699,064,380 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/jamaica/kyrgyzstan | CC BY

GDP per capita in Jamaica vs Kyrgyzstan by year

Jamaica
GDP per capita

GDP per capita, PPP
Kyrgyzstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jamaica Kyrgyzstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,754 $12,890 $2,420 $8,012
2023 $7,542 $12,651 $2,138 $7,298
2022 $6,626 $11,888 $1,740 $6,578
2021 $5,626 $10,431 $1,350 $5,736
2020 $5,299 $9,764 $1,230 $5,179
2019 $6,031 $10,845 $1,422 $5,304
2018 $5,977 $10,753 $1,284 $4,778
2017 $5,605 $10,466 $1,221 $4,954
2016 $5,302 $9,948 $1,103 $4,604
2015 $5,339 $9,476 $1,106 $4,153
2014 $4,975 $9,210 $1,265 $4,228
2013 $5,124 $9,101 $1,270 $4,001
2012 $5,341 $8,831 $1,169 $3,589
2011 $5,233 $8,809 $1,117 $3,278
2010 $4,810 $8,521 $877 $3,076
2009 $4,428 $8,580 $870 $3,097
2008 $5,030 $8,952 $966 $3,031
2007 $4,716 $8,893 $722 $2,770
2006 $4,417 $8,577 $543 $2,508
2005 $4,184 $8,127 $477 $2,386
2004 $3,808 $7,854 $433 $2,343
2003 $3,550 $7,593 $381 $2,158
2002 $3,681 $7,226 $322 $1,998
2001 $3,504 $7,019 $308 $1,986
2000 $3,453 $6,816 $279.6 $1,862
1999 $3,432 $6,653 $258 $1,747
1998 $3,419 $6,543 $345 $1,687
1997 $3,297 $6,682 $376 $1,659
1996 $2,929 $6,706 $395 $1,505
1995 $2,631 $6,657 $364 $1,401
1994 $2,203 $6,435 $372 $1,466
1993 $2,221 $6,279 $449 $1,795
1992 $1,458 $5,664 $513 $2,075
1991 $1,710 $5,485 $570 $2,382
1990 $1,930 $5,106 $606 $2,544
1989 $1,865 - - -
1988 $1,632 - - -
1987 $1,411 - - -
1986 $1,191 - - -
1985 $917 - - -
1984 $1,048 - - -
1983 $1,619 - - -
1982 $1,494 - - -
1981 $1,370 - - -
1980 $1,249 - - -
1979 $1,144 - - -
1978 $1,262 - - -
1977 $1,569 - - -
1976 $1,450 - - -
1975 $1,417 - - -
1974 $1,193 - - -
1973 $972 - - -
1972 $971 - - -
1971 $809 - - -
1970 $748 - - -
1969 $642 - - -
1968 $591 - - -
1967 $633 - - -
1966 $612 - - -
1965 $549 - - -
1964 $514 - - -
1963 $480 - - -
1962 $458 - - -
1961 $447 - - -
1960 $424 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/jamaica/kyrgyzstan | CC BY

Jamaica's GDP per capita is $7,754, ranking 95/197, compared to $2,420 in Kyrgyzstan, ranking 150/197. Adjusted for purchasing power (GDP per capita PPP), Jamaica ranks 121st at $12,890, while Kyrgyzstan ranks 141st at $8,012.

Economic indicators

Jamaica Kyrgyzstan
Gross domestic product
$22B
2024
$17.5B
2024
GDP rank
124/197
2024
135/197
2024
GDP growth
-0.54%
2023-2024
9.04%
2023-2024
GDP per capita
$7,754
2024
$2,420
2024
GDP per capita rank
95/197
2024
150/197
2024
GDP per capita, PPP
$12,890
2024
$8,012
2024
GDP per capita PPP rank
121/197
2024
141/197
2024
Government debt
$14B
2024
$6.56B
2024
Debt-to-GDP ratio
63.4%
2024
37.5%
2024
Government debt per person
$4,917
2024
$908
2024
Government debt per person rank
79/185
2024
144/185
2024
Average annual personal income after taxes
$6,905
2026
$4,187
2026
Market capitalization of domestic companies
$12.4B
2024
n/a
Income share by richest 10%
29.6%
2021
23%
2023
Income share by poorest 10%
2.2%
2021
4.3%
2023
Government expenditure, % of GDP
30.5%
2024
33.7%
2024
Consumer prices inflation
5.41%
2023-2024
5%
2023-2024
Central bank interest rate
5.75%
2025
10%
2025
Unemployment rate
3.02%
2023
3.5%
2023
Population
2834980
7471102

Spending and national debt comparison by year

Jamaica
Spending

Debt
Kyrgyzstan
Spending

Debt
1x
Year % of GDP
Jamaica Kyrgyzstan
Government spending Government debt Government spending Government debt
2024 30.5% 63.4% 33.7% 37.5%
2023 28% 67.3% 32.9% 42%
2022 28.4% 73.5% 35% 46.8%
2021 29% 90.9% 32.1% 56.2%
2020 29.8% 100.1% 32.1% 63.6%
2019 27.8% 88.6% 30.8% 48.8%
2018 27.8% 89.2% 33.1% 54.8%
2017 27.3% 96.7% 37% 58.8%
2016 27% 109.1% 38.9% 59.1%
2015 26.3% 117.6% 38.1% 67.1%
2014 26.5% 136.7% 38.5% 53.6%
2013 26.9% 138.1% 38.1% 47.1%
2012 29.6% 143% 40.6% 50.5%
2011 31.7% 138.1% 37.4% 50.1%
2010 32.9% 140.1% 37.1% 59.7%
2009 38.6% 141.5% 32.5% 58.5%
2008 34.4% 125.6% 27.9% 49%
2007 31.6% 115.3% 29.6% 57.7%
2006 31.2% 118% 29.1% 73.4%
2005 29.3% 124.5% 29.1% 85.7%
2004 31.5% 120.1% 28.5% 92.7%
2003 32.5% 125.5% 28.1% 108.2%
2002 31.1% 119.1% 29.3% 107.9%
2001 28.5% 107.9% 28.1% 108.2%
2000 26.2% 91.3% 30.2% 123.3%
1999 28.9% 83.5% 35.9% 119.6%
1998 28.3% 75.6% 35.9% 85.1%
1997 28.3% 74.4% 31.1% 64.8%
1996 27.7% 70.2% 28.6% 57.7%
1995 23.1% 85.2% 37.9% 52.4%
1994 21.5% 90.4% - -
1993 21.5% 106.2% - -
1992 20% 100.4% - -
1991 24.5% 175.1% - -
1990 25.7% 128.8% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20).

GeoRank.org/economy/jamaica/kyrgyzstan | CC BY

In 2024, Jamaica's government spending was $6.72B, accounting for 30.5% of its GDP, while Kyrgyzstan spent $5.89B, or 33.7% of GDP.

Debt-to-GDP ratio is 63.4% in Jamaica and 37.5% in Kyrgyzstan, ranking 73/185 and 140/185, respectively.

Government deficit by year

Deficit/surplus
Jamaica

Kyrgyzstan
1x
Year Deficit/surplus, % of GDP
Jamaica Kyrgyzstan
2024 0.22% 1.87%
2023 0.04% 1.59%
2022 0.27% -0.29%
2021 0.89% -0.71%
2020 -2.83% -3.06%
2019 0.85% -0.07%
2018 1.12% -0.59%
2017 0.43% -3.73%
2016 -0.19% -5.79%
2015 -0.28% -2.52%
2014 -0.49% -3.07%
2013 0.12% -3.7%
2012 -4.05% -5.86%
2011 -6.34% -4.7%
2010 -6.27% -5.95%
2009 -11.1% 0.38%
2008 -7.43% 1.92%
2007 -3.82% 1.28%
2006 -4.9% -2.1%
2005 -3.3% -3.79%
2004 -4.68% -4.89%
2003 -5.67% -5.17%
2002 -6.77% -5.9%
2001 -4.89% -6.75%
2000 -0.8% -10.7%
1999 -3.53% -13.5%
1998 -5.82% -12%
1997 -6.54% -9.3%
1996 -5.32% -9.1%
1995 1.6% -13.5%
1994 2.59% -
1993 2.6% -
1992 3.11% -
1991 3.87% -
1990 2.34% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/jamaica/kyrgyzstan | CC BY

In 2024, Jamaica's government surplus, the difference between spending and revenue, was $49.1M, equivalent to 0.22% of GDP. This compares to Kyrgyzstan's surplus of $327M, or 1.87% of GDP.

Over the past 30 years, Jamaica recorded a fiscal deficit in 21 of those years, while Kyrgyzstan ran a deficit in 25 years. On average, Jamaica posted an annual deficit equal to 2.98% of GDP, compared to deficit of 4.32% of GDP for Kyrgyzstan.

Inflation comparison by year

Inflation
Jamaica

Kyrgyzstan
1x
Year Consumer prices inflation
Jamaica Kyrgyzstan
2024 5.41% 5%
2023 6.47% 10.8%
2022 10.3% 13.9%
2021 5.86% 11.9%
2020 5.23% 6.3%
2019 3.91% 1.1%
2018 3.74% 1.5%
2017 4.38% 3.2%
2016 2.35% 0.4%
2015 3.69% 6.5%
2014 8.27% 7.5%
2013 9.34% 6.6%
2012 6.87% 2.8%
2011 7.56% 16.6%
2010 12.6% 8%
2009 9.59% 6.8%
2008 22% 24.5%
2007 9.24% 10.2%
2006 8.56% 5.6%
2005 15.1% 4.3%
2004 13.6% 4.1%
2003 10.1% 3%
2002 7.08% 2.1%
2001 6.8% 6.9%
2000 8.17% 19.7%
1999 5.95% 35.9%
1998 8.63% 10.5%
1997 9.66% 23.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/jamaica/kyrgyzstan | CC BY

Over the past 28 years, Jamaica has recorded an average annual inflation rate of 8.23%, compared with 9.25% in Kyrgyzstan. In 2024, inflation was 5.41% in Jamaica and 5% in Kyrgyzstan.

Balance of trade

Jamaica Kyrgyzstan
Current account balance
$679M
2024
-$5.18B
2022
Current account balance ranking
56/190
2024
167/190
2022
Current account balance, % of GDP
+3.08%
2024
-42.7%
2022
Goods imports
$6.07B
2024
$9.17B
2022
Goods exports
$1.87B
2024
$2.25B
2022
Service imports
$3.46B
2024
$1.48B
2022
Service exports
$5.26B
2024
$1.37B
2022
Imports of goods and services, % of GDP
52.1%
2019
84.2%
2024
Exports of goods and services, % of GDP
38%
2019
43.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Jamaica Kyrgyzstan
Economic freedom 68.2 56
Economic freedom ranking 48/197 126/197
Property rights 66.8 22.9
Government integrity 49.4 23.9
Judicial effectiveness 75.6 8.3
Tax burden 76.3 93.2
Government spending 76 65.6
Fiscal health 92.2 97.2
Business freedom 68.5 58.2
Labor freedom 59.2 52.3
Monetary freedom 74.2 68
Trade freedom 70.4 72.6
Investment freedom 60 60
Financial freedom 50 50

Economic freedom comparison by year

Jamaica
Kyrgyzstan
1x
Year Economic freedom index
Jamaica Kyrgyzstan
2026 68.2 56
2025 68.7 55.6
2024 68.1 55.2
2023 68.1 55.8
2022 67.4 55.8
2021 69 63.7
2020 68.5 62.9
2019 68.6 62.3
2018 69.1 62.8
2017 69.5 61.1
2016 67.5 59.6
2015 67.7 61.3
2014 66.7 61.1
2013 66.8 59.6
2012 65.1 60.2
2011 65.7 61.1
2010 65.5 61.3
2009 65.2 61.8
2008 65.7 61.1
2007 65.5 60.2
2006 66.4 61
2005 67 56.6
2004 66.7 58
2003 67 56.8
2002 61.7 51.7
2001 63.7 53.7
2000 65.5 55.7
1999 64.7 54.8
1998 67.1 51.8
1997 67.7 -
1996 66.7 -
1995 64.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/jamaica/kyrgyzstan | CC BY

The Economic Freedom Index for Jamaica is 68.2, ranking 48/197, compared to 56 for Kyrgyzstan, ranking 126/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jamaica Kyrgyzstan
Services, % of GDP
60%
2024
52.1%
2024
Industry, % of GDP
16.5%
2024
24.7%
2024
Agriculture, forestry, and fishing, % of GDP
7.97%
2024
8.61%
2024
GNI, Atlas method
$20.5B
2024
$15.8B
2024
GNI per capita, PPP
$12,690
2024
$7,900
2024
Total reserves including gold
$5.63B
2024
$5.09B
2024
Total reserves ranking
93/177
2024
100/177
2024
Net foreign direct investment
-$304M
2024
-$509M
2022
Net inflows of foreign direct investment
$305M
2024
$705M
2024
Net outflows of foreign direct investment
$1.07M
2024
$20M
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
4.74%
2024
Poverty at national poverty lines
8.2%
2023
25.7%
2024
Gross capital formation, % of GDP
22.6%
2019
29.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/jamaica/kyrgyzstan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.