Outstanding International Public Debt Securities to GDP for Jamaica
DDDM06JMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.89
Year-over-Year Change
84.20%
Date Range
1/1/1980 - 1/1/2020
Summary
This trend measures Jamaica's outstanding international public debt securities as a percentage of its GDP. It provides insight into the country's external debt levels and ability to service its obligations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The outstanding international public debt securities to GDP ratio is an important indicator of a country's fiscal health and creditworthiness. It reflects the government's reliance on foreign borrowing to finance its operations and can signal potential debt sustainability concerns.
Methodology
The data is compiled by the World Bank from official sources.
Historical Context
This metric is closely monitored by policymakers, investors, and international financial institutions when assessing Jamaica's economic performance and creditworthiness.
Key Facts
- Jamaica's public debt to GDP ratio exceeded 100% in 2020.
- The country has relied heavily on foreign borrowing to finance its fiscal deficits.
- Reducing the public debt burden is a key policy priority for the Jamaican government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of Jamaica's outstanding international public debt securities as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Jamaica's reliance on foreign borrowing and its ability to service its debt obligations, which are crucial factors in assessing the country's fiscal sustainability and creditworthiness.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from official sources.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and international financial institutions closely monitor this metric when evaluating Jamaica's economic performance and determining the country's access to external financing.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as new information becomes available.
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Citation
U.S. Federal Reserve, Outstanding International Public Debt Securities to GDP for Jamaica (DDDM06JMA156NWDB), retrieved from FRED.