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Economy of Jamaica vs Mauritania compared: GDP & Debt

Updated on by Georank

Jamaica has a GDP of $22.7B compared to $11.7B for Mauritania, ranking 125/197 and 153/197 by economy size, respectively.

Jamaica has $15.4B in government debt (67.7% of GDP), compared to $4.68B (40.1% of GDP) in Mauritania.

Jamaica vs Mauritania GDP by year

Jamaica
Mauritania
1x
Year GDP, current $
Jamaica Mauritania
2025 $22,704,903,218 $11,679,910,946
2024 $22,014,429,051 $10,879,212,033
2023 $21,418,797,833 $10,687,541,640
2022 $18,813,516,805 $9,562,497,461
2021 $15,963,885,376 $9,221,044,667
2020 $15,000,214,216 $8,260,567,357
2019 $17,026,269,263 $7,894,764,886
2018 $16,855,447,986 $7,475,471,310
2017 $15,783,583,237 $6,812,472,965
2016 $14,898,999,754 $6,407,900,701
2015 $14,963,589,916 $6,182,303,677
2014 $13,899,217,680 $6,615,483,550
2013 $14,264,205,153 $7,230,646,063
2012 $14,807,086,556 $6,728,208,836
2011 $14,444,661,522 $6,764,627,746
2010 $13,220,549,908 $5,628,878,798
2009 $12,120,458,115 $4,714,595,548
2008 $13,709,401,520 $5,206,437,194
2007 $12,799,600,047 $4,346,212,355
2006 $11,930,179,090 $3,919,577,286
2005 $11,243,865,778 $2,936,019,526
2004 $10,174,664,854 $2,362,501,023
2003 $9,430,234,811 $2,051,147,607
2002 $9,719,009,495 $1,777,057,481
2001 $9,194,727,831 $1,746,063,558
2000 $9,005,064,475 $1,779,520,886
1999 $8,887,057,997 $1,985,922,776
1998 $8,787,195,622 $2,032,347,665
1997 $8,400,041,724 $2,071,996,564
1996 $7,393,891,921 $2,132,087,009
1995 $6,577,520,643 $2,091,726,101
1994 $5,452,558,947 $1,944,876,755
1993 $5,440,075,676 $1,847,353,211
1992 $3,535,460,090 $2,164,298,425
1991 $4,106,207,649 $2,133,692,697
1990 $4,592,208,087 $1,506,914,408
1989 $4,404,937,853 $1,450,647,019
1988 $3,828,342,820 $1,414,951,290
1987 $3,287,007,322 $1,344,664,725
1986 $2,754,549,582 $1,186,628,778
1985 $2,100,239,019 $1,009,723,326
1984 $2,373,564,549 $1,074,373,230
1983 $3,619,262,277 $1,165,171,263
1982 $3,293,496,312 $1,108,776,653
1981 $2,979,027,966 $1,105,494,682
1980 $2,679,379,372 $1,047,925,106
1979 $2,425,064,229 $951,900,945
1978 $2,644,527,822 $804,629,877
1977 $3,249,733,140 $799,030,017
1976 $2,966,042,856 $775,045,517
1975 $2,860,442,750 $703,377,837
1974 $2,375,122,375 $613,010,553
1973 $1,905,917,553 $493,237,876
1972 $1,875,146,587 $391,669,449
1971 $1,539,861,816 $335,568,907
1970 $1,404,720,442 $309,405,316
1969 $1,191,239,047 $295,062,308
1968 $1,083,839,133 $311,395,937
1967 $1,148,014,311 $282,615,310
1966 $1,096,759,561 $266,533,605
1965 $972,159,611 $255,340,475
1964 $897,949,001 $224,495,744
1963 $826,706,669 $168,186,297
1962 $777,727,689 $164,271,558
1961 $748,043,501 $159,213,430
1960 $699,064,380 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Jamaica vs Mauritania by year

Jamaica
GDP per capita

GDP per capita, PPP
Mauritania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jamaica Mauritania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,003 - $2,198 -
2024 $7,754 $12,890 $2,105 $7,369
2023 $7,542 $12,651 $2,128 $6,966
2022 $6,626 $11,888 $1,961 $6,485
2021 $5,626 $10,431 $1,947 $5,837
2020 $5,299 $9,764 $1,796 $5,741
2019 $6,031 $10,845 $1,767 $5,610
2018 $5,977 $10,753 $1,723 $5,429
2017 $5,605 $10,466 $1,618 $5,353
2016 $5,302 $9,948 $1,568 $4,683
2015 $5,339 $9,476 $1,559 $3,978
2014 $4,975 $9,210 $1,719 $3,865
2013 $5,124 $9,101 $1,936 $3,831
2012 $5,341 $8,831 $1,859 $3,465
2011 $5,233 $8,809 $1,931 $3,271
2010 $4,810 $8,521 $1,660 $3,178
2009 $4,428 $8,580 $1,435 $3,159
2008 $5,030 $8,952 $1,636 $3,236
2007 $4,716 $8,893 $1,405 $3,278
2006 $4,417 $8,577 $1,301 $3,342
2005 $4,184 $8,127 $999 $2,809
2004 $3,808 $7,854 $824 $2,570
2003 $3,550 $7,593 $732 $2,447
2002 $3,681 $7,226 $649 $2,296
2001 $3,504 $7,019 $652 $2,280
2000 $3,453 $6,816 $681 $2,304
1999 $3,432 $6,653 $781 $2,411
1998 $3,419 $6,543 $821 $2,355
1997 $3,297 $6,682 $859 $2,325
1996 $2,929 $6,706 $904 $2,436
1995 $2,631 $6,657 $905 $2,306
1994 $2,203 $6,435 $865 $2,114
1993 $2,221 $6,279 $850 $2,209
1992 $1,458 $5,664 $1,036 $2,122
1991 $1,710 $5,485 $1,062 $2,116
1990 $1,930 $5,106 $772 $2,070
1989 $1,865 - $762 -
1988 $1,632 - $762 -
1987 $1,411 - $746 -
1986 $1,191 - $677 -
1985 $917 - $593 -
1984 $1,048 - $650 -
1983 $1,619 - $725 -
1982 $1,494 - $710 -
1981 $1,370 - $729 -
1980 $1,249 - $711 -
1979 $1,144 - $664 -
1978 $1,262 - $578 -
1977 $1,569 - $590 -
1976 $1,450 - $589 -
1975 $1,417 - $551 -
1974 $1,193 - $494 -
1973 $972 - $410 -
1972 $971 - $335 -
1971 $809 - $296 -
1970 $748 - $281.3 -
1969 $642 - $276.6 -
1968 $591 - $301 -
1967 $633 - $281.5 -
1966 $612 - $273.6 -
1965 $549 - $270 -
1964 $514 - $244.3 -
1963 $480 - $188.2 -
1962 $458 - $189 -
1961 $447 - $188.2 -
1960 $424 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Jamaica's GDP per capita is $8,003, ranking 98/197, compared to $2,198 in Mauritania, ranking 156/197. Adjusted for purchasing power (GDP per capita PPP), Jamaica ranks 121st at $12,890, while Mauritania ranks 147th at $7,369.

Economic indicators

Jamaica Mauritania
Gross domestic product
$22.7B
2025
$11.7B
2025
GDP rank
125/197
2025
153/197
2025
GDP growth
0.08%
2024-2025
4.03%
2024-2025
GDP per capita
$8,003
2025
$2,198
2025
GDP per capita rank
98/197
2025
156/197
2025
GDP per capita, PPP
$12,890
2024
$7,369
2024
GDP per capita PPP rank
121/197
2024
147/197
2024
Government debt
$15.4B
2025
$4.68B
2025
Debt-to-GDP ratio
67.7%
2025
40.1%
2025
Government debt per person
$5,419
2025
$881
2025
Government debt per person rank
80/185
2025
147/185
2025
Average annual personal income after taxes
$8,390
2026
$2,242
2026
Market capitalization of domestic companies
$11.6B
2025
n/a
Income share by richest 10%
29.6%
2021
24.6%
2019
Income share by poorest 10%
2.2%
2021
3.1%
2019
Government expenditure, % of GDP
33.8%
2025
23.4%
2025
Consumer prices inflation
4%
2024-2025
1.55%
2024-2025
Central bank interest rate
5.75%
2025
n/a
Unemployment rate
3.02%
2023
10.4%
2019
Population
2834177
5539189

Spending and national debt comparison by year

Jamaica
Spending

Debt
Mauritania
Spending

Debt
1x
Year % of GDP
Jamaica Mauritania
Government spending Government debt Government spending Government debt
2025 33.8% 67.7% 23.4% 40.1%
2024 30.1% 62.5% 23.6% 45.1%
2023 27.7% 66.5% 24.8% 48.6%
2022 27.1% 70.2% 28.7% 50.3%
2021 27.6% 86.3% 20.8% 54.5%
2020 30.1% 101.3% 18.5% 56.5%
2019 27.5% 87.7% 17.8% 57.7%
2018 27.5% 88.3% 19% 59.2%
2017 26.9% 95.1% 20.3% 55.7%
2016 26.5% 106.9% 20.8% 57.6%
2015 25.9% 115.9% 25.7% 59.9%
2014 26.1% 134.4% 23.9% 49.5%
2013 26.3% 135.2% 20.1% 40.7%
2012 29.1% 140.3% 21.5% 39.3%
2011 31.2% 135.9% 17% 38.8%
2010 32.3% 137.8% 17.3% 43.9%
2009 37.7% 138.3% 19.6% 54.3%
2008 33.9% 123.8% 19.8% 57.2%
2007 30.6% 111.6% 19.7% 61.5%
2006 30.1% 114.2% 19% 38%
2005 28.6% 121.5% 21.3% 71.1%
2004 30.7% 116.9% 23.9% 22%
2003 31.1% 120.1% - 22.9%
2002 30.1% 115.4% - 59.5%
2001 27.8% 105.3% - 63.5%
2000 25.7% 89.5% - 55.5%
1999 27.9% 80.7% - -
1998 27.9% 75.6% - -
1997 27.6% 74.4% - -
1996 27.4% 70.2% - -
1995 22.1% 85.2% - -
1994 19.9% 90.4% - -
1993 19.6% 106.2% - -
1992 18.2% 100.4% - -
1991 19.9% 175.1% - -
1990 22.6% 128.8% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-07-08).

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

In 2025, Jamaica's government spending was $7.68B, accounting for 33.8% of its GDP, while Mauritania spent $2.73B, or 23.4% of GDP.

Debt-to-GDP ratio is 67.7% in Jamaica and 40.1% in Mauritania, ranking 62/185 and 134/185, respectively.

Government deficit by year

Deficit/surplus
Jamaica

Mauritania
1x
Year Deficit/surplus, % of GDP
Jamaica Mauritania
2025 -3.77% -0.3%
2024 0.22% -1.35%
2023 0.04% -2.45%
2022 0.26% -3.09%
2021 0.84% 2.6%
2020 -2.87% 2.78%
2019 0.85% 2.65%
2018 1.1% 3.23%
2017 0.42% 0.53%
2016 -0.18% 0.13%
2015 -0.28% -2.44%
2014 -0.48% -2.64%
2013 0.12% -0.66%
2012 -3.97% 1.67%
2011 -6.24% 0.07%
2010 -6.17% -0.45%
2009 -10.8% -3.59%
2008 -7.32% -3.32%
2007 -3.7% -1.38%
2006 -4.74% 2.05%
2005 -3.22% -3.16%
2004 -4.56% -3.06%
2003 -5.42% -
2002 -6.55% -
2001 -4.77% -
2000 -0.78% -
1999 -3.41% -
1998 -5.73% -
1997 -6.39% -
1996 -5.25% -
1995 1.53% -
1994 2.4% -
1993 2.37% -
1992 2.83% -
1991 3.14% -
1990 2.06% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Jamaica's government deficit, the difference between spending and revenue, was $856M, equivalent to 3.77% of GDP. This compares to Mauritania's deficit of $34.8M, or 0.3% of GDP.

Over the past 22 years, Jamaica recorded a fiscal deficit in 14 of those years, while Mauritania ran a deficit in 13 years. On average, Jamaica posted an annual deficit equal to 2.48% of GDP, compared to deficit of 0.55% of GDP for Mauritania.

Inflation comparison by year

Inflation
Jamaica

Mauritania
1x
Year Consumer prices inflation
Jamaica Mauritania
2025 4% 1.55%
2024 5.41% 2.49%
2023 6.47% 4.95%
2022 10.3% 9.53%
2021 5.86% 3.57%
2020 5.23% 2.39%
2019 3.91% 2.3%
2018 3.74% 3.07%
2017 4.38% 2.25%
2016 2.35% 1.47%
2015 3.69% 3.25%
2014 8.27% 3.53%
2013 9.34% 4.13%
2012 6.87% 4.9%
2011 7.56% 5.69%
2010 12.6% 6.28%
2009 9.59% 2.22%
2008 22% 7.35%
2007 9.24% 7.25%
2006 8.56% 6.24%
2005 15.1% 12.1%
2004 13.6% 10.4%
2003 10.1% 5.15%
2002 7.08% 3.9%
2001 6.8% 4.71%
2000 8.17% 3.25%
1999 5.95% 4.07%
1998 8.63% 8.03%
1997 9.66% 4.63%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Jamaica has recorded an average annual inflation rate of 8.08%, compared with 4.85% in Mauritania. In 2025, inflation was 4% in Jamaica and 1.55% in Mauritania.

Balance of trade

Jamaica Mauritania
Current account balance
$679M
2024
-$1.04B
2024
Current account balance ranking
53/190
2024
118/190
2024
Current account balance, % of GDP
+3.08%
2024
-9.55%
2024
Goods imports
$6.07B
2024
$4.32B
2024
Goods exports
$1.87B
2024
$3.83B
2024
Service imports
$3.46B
2024
$1.05B
2024
Service exports
$5.26B
2024
$230M
2024
Imports of goods and services, % of GDP
52.1%
2019
54.2%
2025
Exports of goods and services, % of GDP
38%
2019
39.9%
2025

Economic freedom indices

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

Jamaica Mauritania
Economic freedom 68.2 53.9
Economic freedom ranking 48/197 136/197
Property rights 66.8 32.6
Government integrity 49.4 24.5
Judicial effectiveness 75.6 26.4
Tax burden 76.3 75.5
Government spending 76 80.2
Fiscal health 92.2 87.9
Business freedom 68.5 38.7
Labor freedom 59.2 53.6
Monetary freedom 74.2 77.8
Trade freedom 70.4 59.6
Investment freedom 60 50
Financial freedom 50 40

Economic freedom comparison by year

Jamaica
Mauritania
1x
Year Economic freedom index
Jamaica Mauritania
2026 68.2 53.9
2025 68.7 54.9
2024 68.1 55.3
2023 68.1 55.3
2022 67.4 55.3
2021 69 56.1
2020 68.5 55.3
2019 68.6 55.7
2018 69.1 54
2017 69.5 54.4
2016 67.5 54.8
2015 67.7 53.3
2014 66.7 53.2
2013 66.8 52.3
2012 65.1 53
2011 65.7 52.1
2010 65.5 52
2009 65.2 53.9
2008 65.7 55.2
2007 65.5 53.6
2006 66.4 55.7
2005 67 59.4
2004 66.7 61.8
2003 67 59
2002 61.7 52.5
2001 63.7 48.5
2000 65.5 46
1999 64.7 42.8
1998 67.1 43.7
1997 67.7 47
1996 66.7 45.5
1995 64.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Jamaica is 68.2, ranking 48/197, compared to 53.9 for Mauritania, ranking 136/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jamaica Mauritania
Services, % of GDP
59.8%
2025
42.4%
2025
Industry, % of GDP
16.3%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
8.74%
2025
20%
2025
GNI, Atlas method
$22.1B
2025
$11.8B
2025
GNI per capita, PPP
$13,090
2025
$7,640
2025
Total reserves including gold
$6.3B
2025
$2.04B
2021
Total reserves ranking
92/177
2025
127/177
2021
Net foreign direct investment
-$304M
2024
-$1.44B
2024
Net inflows of foreign direct investment
$305M
2024
$1.44B
2024
Net outflows of foreign direct investment
$1.07M
2024
$3.9M
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
3.83%
2024
Poverty at national poverty lines
8.2%
2023
31.8%
2019
Gross capital formation, % of GDP
22.6%
2019
44.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.