Jamaica's industry, including construction, value added (current LCU) was 588.18 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 94.96% from 301.69 billion in 2015 (6.9% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 588.18 billion | 2025 |
| Five years earlier | 385.86 billion | 2020 |
| Ten years earlier | 301.69 billion | 2015 |
| Highest | 588.18 billion | 2025 |
| Lowest | 38.61 billion | 1993 |
| Average since 2016 | 447.06 billion | 2016–2025 |
| First recorded | 38.61 billion |
What the numbers say
In 2025, Jamaica's industry, including construction, value added (current LCU) rose 3.7% on 2024 (from 567.41 billion to 588.18 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +8.5% and a typical year strayed about 5.8% from that (the standard deviation). This year's change was 0.8 standard deviations below 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 31.6% in 1994 and the biggest yearly fall was 2.6% in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 31.51 billion a year. A straight line explains 95% 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 2025, Jamaica had the 76th highest value of the 158 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 2025 ranking
What this measures
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 33 values
| Year | Industry, including construction, value added (current LCU) |
|---|---|
| 2025 | 588,178,000,000 |
| 2024 | 567,412,000,000 |
| 2023 | 552,151,000,000 |
| 2022 | 503,678,000,000 |
| 2021 | 438,499,000,000 |
| 2020 | 385,860,000,000 |
| 2019 | 378,424,000,000 |
| 2018 | 388,429,000,000 |
| 2017 | 349,613,000,000 |
| 2016 | 318,405,000,000 |
Industry, including construction, value added (current LCU) in nearby economies
- Antigua and Barbuda — 1.15 billion (2025)
- Argentina — 193.89 trillion (2025)
- Aruba — 726.83 million (2023)
- Bahamas, The — 1.52 billion (2024)
- Barbados — 1.85 billion (2024)
- Belize — 933.63 million (2024)
- Bolivia — 118.54 billion (2024)
- Brazil — 2.57 trillion (2025)
- Cayman Islands — 494.47 million (2024)
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 industry, including construction, value added (current LCU)?
- 588.18 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 1,423% from 38.61 billion in 1993 (8.88% a year on average, compounded). The highest value was 588.18 billion in 2025 and the lowest 38.61 billion in 1993.
- How does Jamaica rank?
- 76th highest of 158 economies with data for 2025.
- Is the latest change in industry, including construction, value added (current LCU) unusual for Jamaica?
- In 2025, Jamaica's industry, including construction, value added (current LCU) rose 3.7% on 2024 (from 567.41 billion to 588.18 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +8.5% and a typical year strayed about 5.8% from that (the standard deviation). This year's change was 0.8 standard deviations below 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 NV.IND.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, 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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