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Economy of Jamaica vs Poland compared: GDP & Debt

Updated on by Georank

Jamaica has a GDP of $22.7B compared to $1.04T for Poland, ranking 125/197 and 21/197 by economy size, respectively.

Jamaica has $15.4B in government debt (67.7% of GDP), compared to $609B (58.8% of GDP) in Poland.

Jamaica vs Poland GDP by year

Jamaica
Poland
1x
Year GDP, current $
Jamaica Poland
2025 $22,704,903,218 $1,035,491,784,197
2024 $22,014,429,051 $917,767,106,147
2023 $21,418,797,833 $812,451,193,396
2022 $18,813,516,805 $695,607,470,875
2021 $15,963,885,376 $689,170,230,665
2020 $15,000,214,216 $605,914,237,904
2019 $17,026,269,263 $602,683,770,145
2018 $16,855,447,986 $594,616,632,477
2017 $15,783,583,237 $528,356,723,263
2016 $14,898,999,754 $473,259,623,976
2015 $14,963,589,916 $480,054,118,583
2014 $13,899,217,680 $542,134,167,179
2013 $14,264,205,153 $518,179,836,405
2012 $14,807,086,556 $498,148,649,703
2011 $14,444,661,522 $527,848,543,023
2010 $13,220,549,908 $478,111,630,684
2009 $12,120,458,115 $440,891,472,247
2008 $13,709,401,520 $535,612,030,672
2007 $12,799,600,047 $429,715,132,138
2006 $11,930,179,090 $345,897,630,736
2005 $11,243,865,778 $306,999,913,151
2004 $10,174,664,854 $256,268,656,145
2003 $9,430,234,811 $218,561,225,998
2002 $9,719,009,495 $199,694,463,256
2001 $9,194,727,831 $191,823,200,371
2000 $9,005,064,475 $172,953,527,033
1999 $8,887,057,997 $170,704,452,715
1998 $8,787,195,622 $175,282,269,667
1997 $8,400,041,724 $159,893,964,917
1996 $7,393,891,921 $160,813,026,223
1995 $6,577,520,643 $142,838,527,115
1994 $5,452,558,947 $110,803,635,288
1993 $5,440,075,676 $96,043,157,273
1992 $3,535,460,090 $94,337,050,693
1991 $4,106,207,649 $85,500,935,935
1990 $4,592,208,087 $65,977,748,211
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Jamaica vs Poland by year

Jamaica
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jamaica Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,003 - $28,420 -
2024 $7,754 $12,890 $25,104 $51,263
2023 $7,542 $12,651 $22,145 $48,473
2022 $6,626 $11,888 $18,891 $46,778
2021 $5,626 $10,431 $18,636 $41,060
2020 $5,299 $9,764 $16,151 $37,089
2019 $6,031 $10,845 $15,875 $35,882
2018 $5,977 $10,753 $15,658 $32,345
2017 $5,605 $10,466 $13,913 $30,170
2016 $5,302 $9,948 $12,464 $28,360
2015 $5,339 $9,476 $12,638 $26,988
2014 $4,975 $9,210 $14,262 $25,460
2013 $5,124 $9,101 $13,622 $24,434
2012 $5,341 $8,831 $13,087 $23,728
2011 $5,233 $8,809 $13,868 $22,809
2010 $4,810 $8,521 $12,568 $20,991
2009 $4,428 $8,580 $11,556 $19,300
2008 $5,030 $8,952 $14,049 $18,372
2007 $4,716 $8,893 $11,273 $16,833
2006 $4,417 $8,577 $9,069 $15,205
2005 $4,184 $8,127 $8,044 $13,936
2004 $3,808 $7,854 $6,712 $13,413
2003 $3,550 $7,593 $5,721 $12,329
2002 $3,681 $7,226 $5,223 $11,841
2001 $3,504 $7,019 $5,015 $11,175
2000 $3,453 $6,816 $4,521 $10,721
1999 $3,432 $6,653 $4,416 $10,081
1998 $3,419 $6,543 $4,534 $9,521
1997 $3,297 $6,682 $4,137 $8,967
1996 $2,929 $6,706 $4,164 $8,310
1995 $2,631 $6,657 $3,701 $7,715
1994 $2,203 $6,435 $2,875 $7,040
1993 $2,221 $6,279 $2,497 $6,560
1992 $1,458 $5,664 $2,459 $6,193
1991 $1,710 $5,485 $2,236 $5,925
1990 $1,930 $5,106 $1,731 $6,185
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 (1960–2025, retrieved 2026-07-08).

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

Jamaica's GDP per capita is $8,003, ranking 98/197, compared to $28,420 in Poland, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), Jamaica ranks 121st at $12,890, while Poland ranks 43rd at $51,263.

Economic indicators

Jamaica Poland
Gross domestic product
$22.7B
2025
$1.04T
2025
GDP rank
125/197
2025
21/197
2025
GDP growth
0.08%
2024-2025
3.57%
2024-2025
GDP per capita
$8,003
2025
$28,420
2025
GDP per capita rank
98/197
2025
47/197
2025
GDP per capita, PPP
$12,890
2024
$51,263
2024
GDP per capita PPP rank
121/197
2024
43/197
2024
Government debt
$15.4B
2025
$609B
2025
Debt-to-GDP ratio
67.7%
2025
58.8%
2025
Government debt per person
$5,419
2025
$16,712
2025
Government debt per person rank
80/185
2025
39/185
2025
Average annual personal income after taxes
$8,390
2026
$20,616
2026
Market capitalization of domestic companies
$11.6B
2025
$316B
2025
Number of millionaires n/a
101,000
2026
Number of billionaires n/a
10
2026
Income share by richest 10%
29.6%
2021
22.9%
2023
Income share by poorest 10%
2.2%
2021
3.3%
2023
Government expenditure, % of GDP
33.8%
2025
50%
2025
Consumer prices inflation
4%
2024-2025
3.81%
2024-2025
Central bank interest rate
5.75%
2025
3.75%
2026
Unemployment rate
3.02%
2023
3.02%
2025
Population
2834177
36007074

Spending and national debt comparison by year

Jamaica
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Jamaica Poland
Government spending Government debt Government spending Government debt
2025 33.8% 67.7% 50% 58.8%
2024 30.1% 62.5% 49.4% 55.1%
2023 27.7% 66.5% 46.9% 49.5%
2022 27.1% 70.2% 43.2% 48.8%
2021 27.6% 86.3% 43.6% 53%
2020 30.1% 101.3% 47.7% 56.6%
2019 27.5% 87.7% 41.4% 45.2%
2018 27.5% 88.3% 41% 48.2%
2017 26.9% 95.1% 41.1% 50.4%
2016 26.5% 106.9% 41.1% 54.1%
2015 25.9% 115.9% 41.5% 51.1%
2014 26.1% 134.4% 42.7% 51.1%
2013 26.3% 135.2% 43.2% 56.9%
2012 29.1% 140.3% 43.2% 54.5%
2011 31.2% 135.9% 44.1% 54.8%
2010 32.3% 137.8% 46% 53.7%
2009 37.7% 138.3% 44.9% 49.7%
2008 33.9% 123.8% 44% 46.6%
2007 30.6% 111.6% 42.8% 44.4%
2006 30.1% 114.2% 44.3% 47.1%
2005 28.6% 121.5% 44.1% 46.5%
2004 30.7% 116.9% 43.4% 45%
2003 31.1% 120.1% 45.3% 46.2%
2002 30.1% 115.4% 44.9% 41.4%
2001 27.8% 105.3% 44.6% 37%
2000 25.7% 89.5% 42.9% 36.3%
1999 27.9% 80.7% 42.4% 39.2%
1998 27.9% 75.6% 43.9% 38.6%
1997 27.6% 74.4% 46% 42.6%
1996 27.4% 70.2% 50.6% 43%
1995 22.1% 85.2% 47.3% 48.6%
1994 19.9% 90.4% - 64.3%
1993 19.6% 106.2% - 83.9%
1992 18.2% 100.4% - 81.9%
1991 19.9% 175.1% - 76.9%
1990 22.6% 128.8% - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-07-08).

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

In 2025, Jamaica's government spending was $7.68B, accounting for 33.8% of its GDP, while Poland spent $517B, or 50% of GDP.

Debt-to-GDP ratio is 67.7% in Jamaica and 58.8% in Poland, ranking 62/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Jamaica

Poland
1x
Year Deficit/surplus, % of GDP
Jamaica Poland
2025 -3.77% -7.01%
2024 0.22% -6.48%
2023 0.04% -5.2%
2022 0.26% -3.37%
2021 0.84% -1.68%
2020 -2.87% -6.85%
2019 0.85% -0.73%
2018 1.1% -0.24%
2017 0.42% -1.49%
2016 -0.18% -2.38%
2015 -0.28% -2.59%
2014 -0.48% -3.66%
2013 0.12% -4.25%
2012 -3.97% -3.8%
2011 -6.24% -4.97%
2010 -6.17% -7.43%
2009 -10.8% -7.24%
2008 -7.32% -3.6%
2007 -3.7% -1.88%
2006 -4.74% -3.53%
2005 -3.22% -3.93%
2004 -4.56% -5%
2003 -5.42% -6%
2002 -6.55% -4.79%
2001 -4.77% -4.71%
2000 -0.78% -3.98%
1999 -3.41% -2.29%
1998 -5.73% -4.24%
1997 -6.39% -4.59%
1996 -5.25% -4.82%
1995 1.53% -4.38%
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/poland | 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 Poland's deficit of $72.6B, or 7.01% of GDP.

Over the past 31 years, Jamaica recorded a fiscal deficit in 22 of those years, while Poland ran a deficit in 31 years. On average, Jamaica posted an annual deficit equal to 2.94% of GDP, compared to deficit of 4.1% of GDP for Poland.

Inflation comparison by year

Inflation
Jamaica

Poland
1x
Year Consumer prices inflation
Jamaica Poland
2025 4% 3.81%
2024 5.41% 3.79%
2023 6.47% 11.5%
2022 10.3% 14.4%
2021 5.86% 5.06%
2020 5.23% 3.37%
2019 3.91% 2.23%
2018 3.74% 1.81%
2017 4.38% 2.08%
2016 2.35% -0.66%
2015 3.69% -0.87%
2014 8.27% 0.05%
2013 9.34% 0.99%
2012 6.87% 3.56%
2011 7.56% 4.24%
2010 12.6% 2.58%
2009 9.59% 3.8%
2008 22% 4.16%
2007 9.24% 2.46%
2006 8.56% 1.28%
2005 15.1% 2.18%
2004 13.6% 3.38%
2003 10.1% 0.68%
2002 7.08% 1.91%
2001 6.8% 5.41%
2000 8.17% 9.9%
1999 5.95% 7.15%
1998 8.63% 11.6%
1997 9.66% 14.9%

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

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

Over the past 29 years, Jamaica has recorded an average annual inflation rate of 8.08%, compared with 4.37% in Poland. In 2025, inflation was 4% in Jamaica and 3.81% in Poland.

Top exports between countries

Jamaica
Export category Export value
Processed food, beverages & tobacco $43K
Metals $22K
Machinery & equipment $5K
Miscellaneous $1K
Raw agricultural goods $1K
Poland
Export category Export value
Machinery & equipment $20.1M
Processed food, beverages & tobacco $5.75M
Chemicals & pharma $1.87M
Metals $1.14M
Raw materials & minerals $850K
Textiles & consumer goods $637K
Raw agricultural goods $368K
Animal & marine products $44K
Wood & paper products $34K
Miscellaneous $10K

Balance of trade

Jamaica Poland
Current account balance
$679M
2024
-$9.05B
2025
Current account balance ranking
53/190
2024
172/190
2025
Current account balance, % of GDP
+3.08%
2024
-0.87%
2025
Goods imports
$6.07B
2024
$406B
2025
Goods exports
$1.87B
2024
$390B
2025
Service imports
$3.46B
2024
$86.5B
2025
Service exports
$5.26B
2024
$131B
2025
Imports of goods and services, % of GDP
52.1%
2019
47.1%
2025
Exports of goods and services, % of GDP
38%
2019
50%
2025

Economic freedom indices

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

Jamaica Poland
Economic freedom 68.2 68.5
Economic freedom ranking 48/197 46/197
Property rights 66.8 71.8
Government integrity 49.4 60.7
Judicial effectiveness 75.6 62.5
Tax burden 76.3 72.7
Government spending 76 35.1
Fiscal health 92.2 74.8
Business freedom 68.5 77.5
Labor freedom 59.2 53.7
Monetary freedom 74.2 73.8
Trade freedom 70.4 79.4
Investment freedom 60 80
Financial freedom 50 80

Economic freedom comparison by year

Jamaica
Poland
1x
Year Economic freedom index
Jamaica Poland
2026 68.2 68.5
2025 68.7 67.1
2024 68.1 66
2023 68.1 67.7
2022 67.4 68.7
2021 69 69.7
2020 68.5 69.1
2019 68.6 67.8
2018 69.1 68.5
2017 69.5 68.3
2016 67.5 69.3
2015 67.7 68.6
2014 66.7 67
2013 66.8 66
2012 65.1 64.2
2011 65.7 64.1
2010 65.5 63.2
2009 65.2 60.3
2008 65.7 60.3
2007 65.5 58.1
2006 66.4 59.3
2005 67 59.6
2004 66.7 58.7
2003 67 61.8
2002 61.7 65
2001 63.7 61.8
2000 65.5 60
1999 64.7 59.6
1998 67.1 59.2
1997 67.7 56.8
1996 66.7 57.8
1995 64.4 50.7

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

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

The Economic Freedom Index for Jamaica is 68.2, ranking 48/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jamaica Poland
Services, % of GDP
59.8%
2025
59.7%
2025
Industry, % of GDP
16.3%
2025
25.8%
2025
Agriculture, forestry, and fishing, % of GDP
8.74%
2025
2.45%
2025
GNI, Atlas method
$22.1B
2025
$930B
2025
GNI per capita, PPP
$13,090
2025
$52,290
2025
Total reserves including gold
$6.3B
2025
$272B
2025
Total reserves ranking
92/177
2025
16/177
2025
Net foreign direct investment
-$304M
2024
-$11.7B
2025
Net inflows of foreign direct investment
$305M
2024
$20.6B
2024
Net outflows of foreign direct investment
$1.07M
2024
$10B
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
n/a
Poverty at national poverty lines
8.2%
2023
13.3%
2024
Gross capital formation, % of GDP
22.6%
2019
17.9%
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/poland | 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 (1960–1998, retrieved 2026-07-08)
  6. TradeMap (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.