Jamaica's adjusted savings, carbon dioxide damage (current US$) was US$359.65 million in 2021, the latest year in the World Bank's World Development Indicators. That is up 60.12% from US$224.61 million in 2011 (4.82% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$359.65 million | 2021 |
| Five years earlier | US$271.85 million | 2016 |
| Ten years earlier | US$224.61 million | 2011 |
| Highest | US$359.65 million | 2021 |
| Lowest | US$90.52 million | 1990 |
| Average since 2012 | US$284.56 million | 2012–2021 |
| First recorded | US$90.52 million |
What the numbers say
In 2021, Jamaica's adjusted savings, carbon dioxide damage (current US$) rose 12.3% on 2020 (from US$320.38 million to US$359.65 million).
Across the 30 yearly changes before that (1991 to 2020), the average change was +4.6% and a typical year strayed about 8.4% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 24.9% in 2018 and the biggest yearly fall was 16.6% in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$15.94 million a year. A straight line explains 90% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Jamaica had the 116th highest value of the 208 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Jamaica in the 2021 ranking
- Benin — 113th of 208: US$377.22 million
- Botswana — 114th of 208: US$372.96 million
- Costa Rica — 115th of 208: US$369.62 million
- Zambia — 117th of 208: US$358.42 million
- El Salvador — 118th of 208: US$347 million
- Papua New Guinea — 119th of 208: US$337.18 million
What this measures
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 32 values
| Year | Adjusted savings, carbon dioxide damage (current US$) |
|---|---|
| 2021 | 359,652,176 |
| 2020 | 320,381,696 |
| 2019 | 342,135,159 |
| 2018 | 337,328,987 |
| 2017 | 270,151,402 |
| 2016 | 271,850,472 |
| 2015 | 246,539,292 |
| 2014 | 242,092,744 |
| 2013 | 239,207,860 |
| 2012 | 216,247,539 |
Adjusted savings, carbon dioxide damage (current US$) in nearby economies
- Antigua and Barbuda — US$18.15 million (2021)
- Argentina — US$7.52 billion (2021)
- Aruba — US$57.5 million (2021)
- Bahamas, The — US$108.83 million (2021)
- Barbados — US$44.13 million (2021)
- Belize — US$28.26 million (2021)
- Bolivia — US$974.47 million (2021)
- Brazil — US$19.81 billion (2021)
- British Virgin Islands — US$7 million (2021)
More economic policy & debt data for Jamaica
- Total reserves, including gold (current US$) — US$6.3 billion (2025)
- Total reserves, excluding gold (current US$) — US$6.3 billion (2025)
- Gross Value Added (GVA) at basic prices (current US$) — US$19.27 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 3.07 trillion (2025)
- GDP (current US$) — US$22.7 billion (2025)
- GDP (current LCU) — 3.61 trillion (2025)
- GDP per capita (current US$) — US$8,003 (2025)
- GDP per capita (current LCU) — 1.27 million (2025)
- GNI (current US$) — US$22.36 billion (2025)
- GNI (current LCU) — 3.56 trillion (2025)
Reading data like this
Questions people ask
- What is Jamaica's adjusted savings, carbon dioxide damage (current US$)?
- US$359.65 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 297.32% from US$90.52 million in 1990 (4.55% a year on average, compounded). The highest value was US$359.65 million in 2021 and the lowest US$90.52 million in 1990.
- How does Jamaica rank?
- 116th highest of 208 economies with data for 2021.
- Is the latest change in adjusted savings, carbon dioxide damage (current US$) unusual for Jamaica?
- In 2021, Jamaica's adjusted savings, carbon dioxide damage (current US$) rose 12.3% on 2020 (from US$320.38 million to US$359.65 million). Across the 30 yearly changes before that (1991 to 2020), the average change was +4.6% and a typical year strayed about 8.4% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DCO2.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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