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Economy of Jamaica vs Uzbekistan compared: GDP & Debt

Updated on by Georank

Jamaica has a GDP of $22.7B compared to $147B for Uzbekistan, ranking 125/197 and 61/197 by economy size, respectively.

Jamaica has $15.4B in government debt (67.7% of GDP), compared to $42B (28.6% of GDP) in Uzbekistan.

Jamaica vs Uzbekistan GDP by year

Jamaica
Uzbekistan
1x
Year GDP, current $
Jamaica Uzbekistan
2025 $22,704,903,218 $147,038,081,129
2024 $22,014,429,051 $121,356,065,241
2023 $21,418,797,833 $107,526,539,716
2022 $18,813,516,805 $94,286,355,836
2021 $15,963,885,376 $81,170,051,811
2020 $15,000,214,216 $70,127,127,133
2019 $17,026,269,263 $70,170,662,563
2018 $16,855,447,986 $61,318,332,403
2017 $15,783,583,237 $72,276,404,058
2016 $14,898,999,754 $97,871,364,319
2015 $14,963,589,916 $97,564,568,987
2014 $13,899,217,680 $91,303,765,114
2013 $14,264,205,153 $82,674,178,352
2012 $14,807,086,556 $75,318,846,931
2011 $14,444,661,522 $67,404,618,405
2010 $13,220,549,908 $55,544,226,553
2009 $12,120,458,115 $33,689,223,673
2008 $13,709,401,520 $29,549,438,884
2007 $12,799,600,047 $22,311,393,928
2006 $11,930,179,090 $17,330,833,853
2005 $11,243,865,778 $14,307,509,839
2004 $10,174,664,854 $12,030,023,548
2003 $9,430,234,811 $10,134,453,435
2002 $9,719,009,495 $9,687,788,513
2001 $9,194,727,831 $11,401,421,329
2000 $9,005,064,475 $13,760,513,969
1999 $8,887,057,997 $17,078,465,982
1998 $8,787,195,622 $14,988,971,211
1997 $8,400,041,724 $14,744,603,774
1996 $7,393,891,921 $13,948,892,216
1995 $6,577,520,643 $13,350,461,265
1994 $5,452,558,947 $12,899,074,922
1993 $5,440,075,676 $13,099,920,056
1992 $3,535,460,090 $12,953,801,760
1991 $4,106,207,649 $13,800,167,712
1990 $4,592,208,087 $13,362,340,338
1989 $4,404,937,853 $11,948,815,258
1988 $3,828,342,820 $10,722,799,639
1987 $3,287,007,322 $8,523,160,593
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/uzbekistan | CC BY

GDP per capita in Jamaica vs Uzbekistan by year

Jamaica
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jamaica Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,003 - $3,968 -
2024 $7,754 $12,890 $3,337 $11,879
2023 $7,542 $12,651 $3,016 $11,107
2022 $6,626 $11,888 $2,699 $10,293
2021 $5,626 $10,431 $2,370 $9,248
2020 $5,299 $9,764 $2,088 $8,452
2019 $6,031 $10,845 $2,129 $8,544
2018 $5,977 $10,753 $1,894 $8,129
2017 $5,605 $10,466 $2,271 $7,818
2016 $5,302 $9,948 $3,128 $6,919
2015 $5,339 $9,476 $3,173 $6,800
2014 $4,975 $9,210 $3,021 $6,610
2013 $5,124 $9,101 $2,781 $6,413
2012 $5,341 $8,831 $2,574 $6,168
2011 $5,233 $8,809 $2,339 $5,949
2010 $4,810 $8,521 $1,957 $5,505
2009 $4,428 $8,580 $1,206 $5,135
2008 $5,030 $8,952 $1,075 $4,800
2007 $4,716 $8,893 $824 $4,386
2006 $4,417 $8,577 $649 $3,956
2005 $4,184 $8,127 $543 $3,618
2004 $3,808 $7,854 $462 $3,321
2003 $3,550 $7,593 $394 $3,047
2002 $3,681 $7,226 $381 $2,902
2001 $3,504 $7,019 $454 $2,782
2000 $3,453 $6,816 $555 $2,644
1999 $3,432 $6,653 $698 $2,522
1998 $3,419 $6,543 $621 $2,418
1997 $3,297 $6,682 $621 $2,329
1996 $2,929 $6,706 $597 $2,214
1995 $2,631 $6,657 $583 $2,178
1994 $2,203 $6,435 $574 $2,197
1993 $2,221 $6,279 $596 $2,318
1992 $1,458 $5,664 $603 $2,371
1991 $1,710 $5,485 $658 $2,676
1990 $1,930 $5,106 $653 $2,665
1989 $1,865 - $598 -
1988 $1,632 - $551 -
1987 $1,411 - $450 -
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/uzbekistan | CC BY

Jamaica's GDP per capita is $8,003, ranking 98/197, compared to $3,968 in Uzbekistan, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), Jamaica ranks 121st at $12,890, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Jamaica Uzbekistan
Gross domestic product
$22.7B
2025
$147B
2025
GDP rank
125/197
2025
61/197
2025
GDP growth
0.08%
2024-2025
7.7%
2024-2025
GDP per capita
$8,003
2025
$3,968
2025
GDP per capita rank
98/197
2025
134/197
2025
GDP per capita, PPP
$12,890
2024
$11,879
2024
GDP per capita PPP rank
121/197
2024
125/197
2024
Government debt
$15.4B
2025
$42B
2025
Debt-to-GDP ratio
67.7%
2025
28.6%
2025
Government debt per person
$5,419
2025
$1,134
2025
Government debt per person rank
80/185
2025
139/185
2025
Average annual personal income after taxes
$8,390
2026
$3,560
2026
Market capitalization of domestic companies
$11.6B
2025
$23.7B
2025
Income share by richest 10%
29.6%
2021
24.2%
2025
Income share by poorest 10%
2.2%
2021
2.4%
2025
Government expenditure, % of GDP
33.8%
2025
27.4%
2025
Consumer prices inflation
4%
2024-2025
8.8%
2024-2025
Central bank interest rate
5.75%
2025
14%
2025
Unemployment rate
3.02%
2023
5.29%
2020
Population
2834177
38082870

Spending and national debt comparison by year

Jamaica
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Jamaica Uzbekistan
Government spending Government debt Government spending Government debt
2025 33.8% 67.7% 27.4% 28.6%
2024 30.1% 62.5% 26.1% 30.9%
2023 27.7% 66.5% 28.6% 30.7%
2022 27.1% 70.2% 30% 29.2%
2021 27.6% 86.3% 26.1% 30.2%
2020 30.1% 101.3% 24.7% 31.9%
2019 27.5% 87.7% 23.4% 24.3%
2018 27.5% 88.3% 21.2% 16.7%
2017 26.9% 95.1% 19.9% 17.3%
2016 26.5% 106.9% 20.5% 7.21%
2015 25.9% 115.9% 21.7% 5.94%
2014 26.1% 134.4% 22% 5.39%
2013 26.3% 135.2% 22.3% 5.51%
2012 29.1% 140.3% 21.5% 6.06%
2011 31.2% 135.9% 21.1% 5.65%
2010 32.3% 137.8% 23.7% 5.92%
2009 37.7% 138.3% 24.7% 6.57%
2008 33.9% 123.8% 23.8% 7.5%
2007 30.6% 111.6% 22.4% 8.6%
2006 30.1% 114.2% 22.3% 12.2%
2005 28.6% 121.5% 25.3% 18.9%
2004 30.7% 116.9% 26.5% 24.2%
2003 31.1% 120.1% 28.4% 28.3%
2002 30.1% 115.4% 31.2% 37.5%
2001 27.8% 105.3% 27.6% 40.4%
2000 25.7% 89.5% 29.6% 26.5%
1999 27.9% 80.7% 30.3% 16.6%
1998 27.9% 75.6% 31.6% 16.2%
1997 27.6% 74.4% 28.7% 13.8%
1996 27.4% 70.2% 31.6% -
1995 22.1% 85.2% 26.5% -
1994 19.9% 90.4% 24.4% -
1993 19.6% 106.2% 35.6% -
1992 18.2% 100.4% 16.2% -
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/uzbekistan | CC BY

In 2025, Jamaica's government spending was $7.68B, accounting for 33.8% of its GDP, while Uzbekistan spent $40.2B, or 27.4% of GDP.

Debt-to-GDP ratio is 67.7% in Jamaica and 28.6% in Uzbekistan, ranking 62/185 and 159/185, respectively.

Government deficit by year

Deficit/surplus
Jamaica

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Jamaica Uzbekistan
2025 -3.77% -1.66%
2024 0.22% -2.25%
2023 0.04% -3.85%
2022 0.26% -3.49%
2021 0.84% -3.9%
2020 -2.87% -2.8%
2019 0.85% -0.29%
2018 1.1% 1.57%
2017 0.42% 1.04%
2016 -0.18% 0.62%
2015 -0.28% -0.24%
2014 -0.48% 1.68%
2013 0.12% 1.9%
2012 -3.97% 5.28%
2011 -6.24% 4.56%
2010 -6.17% 2.29%
2009 -10.8% 1.64%
2008 -7.32% 5.38%
2007 -3.7% 3.2%
2006 -4.74% 2.45%
2005 -3.22% -3.17%
2004 -4.56% -3.37%
2003 -5.42% -4.39%
2002 -6.55% -5.69%
2001 -4.77% -2.95%
2000 -0.78% -3.29%
1999 -3.41% -2.62%
1998 -5.73% -2.74%
1997 -6.39% -1.85%
1996 -5.25% -1.41%
1995 1.53% -1.59%
1994 2.4% -4.03%
1993 2.37% -10.8%
1992 2.83% 6.44%
1991 3.14% -
1990 2.06% -

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

GeoRank.org/economy/jamaica/uzbekistan | 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 Uzbekistan's deficit of $2.43B, or 1.66% of GDP.

Over the past 34 years, Jamaica recorded a fiscal deficit in 22 of those years, while Uzbekistan ran a deficit in 21 years. On average, Jamaica posted an annual deficit equal to 2.46% of GDP, compared to deficit of 0.83% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Jamaica

Uzbekistan
1x
Year Consumer prices inflation
Jamaica Uzbekistan
2025 4% 8.8%
2024 5.41% 9.6%
2023 6.47% 10%
2022 10.3% 11.4%
2021 5.86% 10.8%
2020 5.23% 12.9%
2019 3.91% 14.5%
2018 3.74% 17.5%
2017 4.38% 13.9%
2016 2.35% 8.8%
2015 3.69% 8.5%
2014 8.27% 9.1%
2013 9.34% 11.7%
2012 6.87% 11.9%
2011 7.56% 12.4%
2010 12.6% 12.3%
2009 9.59% 12.3%
2008 22% 13.1%
2007 9.24% 11.2%
2006 8.56% 13.1%
2005 15.1% 10.7%
2004 13.6% 7.3%
2003 10.1% 12.5%
2002 7.08% 27.3%
2001 6.8% 27.3%
2000 8.17% 25%
1999 5.95% 29.1%
1998 8.63% 29%
1997 9.66% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Jamaica has recorded an average annual inflation rate of 8.08%, compared with 16.3% in Uzbekistan. In 2025, inflation was 4% in Jamaica and 8.8% in Uzbekistan.

Top exports between countries

Jamaica
Export category Export value
Uzbekistan
Export category Export value
Raw agricultural goods $115K
Machinery & equipment $1K

Balance of trade

Jamaica Uzbekistan
Current account balance
$679M
2024
-$5.78B
2025
Current account balance ranking
53/190
2024
167/190
2025
Current account balance, % of GDP
+3.08%
2024
-3.93%
2025
Goods imports
$6.07B
2024
$38.5B
2025
Goods exports
$1.87B
2024
$23B
2025
Service imports
$3.46B
2024
$13.6B
2025
Service exports
$5.26B
2024
$9.27B
2025
Imports of goods and services, % of GDP
52.1%
2019
35.4%
2025
Exports of goods and services, % of GDP
38%
2019
22%
2025

Economic freedom indices

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

Jamaica Uzbekistan
Economic freedom 68.2 60.3
Economic freedom ranking 48/197 94/197
Property rights 66.8 43.1
Government integrity 49.4 32
Judicial effectiveness 75.6 13.7
Tax burden 76.3 95
Government spending 76 73.7
Fiscal health 92.2 79.9
Business freedom 68.5 62.5
Labor freedom 59.2 48.4
Monetary freedom 74.2 65.1
Trade freedom 70.4 80.6
Investment freedom 60 70
Financial freedom 50 60

Economic freedom comparison by year

Jamaica
Uzbekistan
1x
Year Economic freedom index
Jamaica Uzbekistan
2026 68.2 60.3
2025 68.7 58
2024 68.1 55.9
2023 68.1 56.5
2022 67.4 55.7
2021 69 58.3
2020 68.5 57.2
2019 68.6 53.3
2018 69.1 51.5
2017 69.5 52.3
2016 67.5 46
2015 67.7 47
2014 66.7 46.5
2013 66.8 46
2012 65.1 45.8
2011 65.7 45.8
2010 65.5 47.5
2009 65.2 50.5
2008 65.7 51.9
2007 65.5 51.5
2006 66.4 48.7
2005 67 45.8
2004 66.7 39.1
2003 67 38.3
2002 61.7 38.5
2001 63.7 38.2
2000 65.5 38.1
1999 64.7 33.8
1998 67.1 31.5
1997 67.7 -
1996 66.7 -
1995 64.4 -

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

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

The Economic Freedom Index for Jamaica is 68.2, ranking 48/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jamaica Uzbekistan
Services, % of GDP
59.8%
2025
46.5%
2025
Industry, % of GDP
16.3%
2025
32.5%
2025
Agriculture, forestry, and fishing, % of GDP
8.74%
2025
16.6%
2025
GNI, Atlas method
$22.1B
2025
$136B
2025
GNI per capita, PPP
$13,090
2025
$13,640
2025
Total reserves including gold
$6.3B
2025
$41.2B
2024
Total reserves ranking
92/177
2025
53/177
2024
Net foreign direct investment
-$304M
2024
-$4.24B
2025
Net inflows of foreign direct investment
$305M
2024
$2.97B
2024
Net outflows of foreign direct investment
$1.07M
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
9.37%
2024
Poverty at national poverty lines
8.2%
2023
5.8%
2025
Gross capital formation, % of GDP
22.6%
2019
33.3%
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/uzbekistan | 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. TradeMap (2021, 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.