Central government debt, total (% of GDP) for Jamaica
DEBTTLJMA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.28
Year-over-Year Change
-5.94%
Date Range
1/1/1990 - 1/1/2020
Summary
This economic trend measures Jamaica's central government debt as a percentage of its Gross Domestic Product (GDP). It provides insight into the country's fiscal health and ability to service its debt 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 central government debt-to-GDP ratio is a key indicator used by economists and policymakers to assess a country's fiscal sustainability. It represents the total outstanding debt owed by the central government as a proportion of the country's economic output.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
This metric is closely monitored by investors, credit rating agencies, and international financial institutions when evaluating a country's creditworthiness and economic stability.
Key Facts
- Jamaica's central government debt-to-GDP ratio was 94.4% in 2021.
- The ratio has declined from a high of 145.8% in 2013.
- Reducing the debt burden is a key priority for the Jamaican government.
FAQs
Q: What does this economic trend measure?
A: This trend measures Jamaica's central government debt as a percentage of its Gross Domestic Product (GDP), providing insight into the country's fiscal health and ability to service its debt obligations.
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a crucial indicator used by economists, policymakers, and investors to assess a country's fiscal sustainability and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: This metric is closely monitored by investors, credit rating agencies, and international financial institutions when evaluating a country's economic stability and its ability to manage its debt obligations.
Q: Are there update delays or limitations?
A: The data is updated regularly by the IMF, but there may be some delays in reporting due to the time required for data collection and verification.
Related Trends
Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Jamaica
IDSGAMNINIJM
Number of Identified Exporters to Jamaica from Indiana
INJAMA475SCEN
Value of Exports to Jamaica from South Carolina
SCJAMA052SCEN
Value of Exports to Jamaica from Texas
TXJAMA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Jamaica
JAMFCLODCXDC
Number of Identified Exporters to Jamaica from Texas
TXJAMA475SCEN
Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for Jamaica (DEBTTLJMA188A), retrieved from FRED.