Jamaica's inflation, consumer prices (annual % growth) was 4% in 2025, the latest year in the World Bank's World Development Indicators. That is up 0.31 percentage points from 3.69% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4% | 2025 |
| Five years earlier | 5.23% | 2020 |
| Ten years earlier | 3.69% | 2015 |
| Highest | 77.3% | 1992 |
| Lowest | 1.41% | 1962 |
| Average since 2016 | 5.17% | 2016–2025 |
| First recorded | 3.27% | 1960 |
What the numbers say
In 2025, Jamaica's inflation, consumer prices (annual % growth) fell 1.41 percentage points on 2024 (from 5.41% to 4%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.99 percentage points and a typical year strayed about 5.96 percentage points from that (the standard deviation). This year's change was 0.1 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 29.11 percentage points in 1991 and the biggest yearly fall was 55.23 percentage points in 1993. 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 there is no clear straight-line trend: a straight line explains 22% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
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 52nd highest value of the 169 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.
| Value | Year | |
|---|---|---|
| Jamaica | 4% | 2025 |
| World | 3.04% | 2025 |
| Latin America & Caribbean | 2.08% | 2025 |
| Upper middle income | 3.26% | 2025 |
Closest to Jamaica in the 2025 ranking
- Kenya — 49th of 169: 4.07%
- Paraguay — 50th of 169: 4.04%
- Maldives — 51st of 169: 4.01%
- Slovak Republic — 53rd of 169: 4%
- Bosnia and Herzegovina — 54th of 169: 3.98%
- Montenegro — 55th of 169: 3.9%
What this measures
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.
Regional and income-group figures are computed by the World Bank as a median.
All 66 values
| Year | Inflation, consumer prices (annual % growth) |
|---|---|
| 2025 | 4 |
| 2024 | 5.41 |
| 2023 | 6.47 |
| 2022 | 10.35 |
| 2021 | 5.86 |
| 2020 | 5.23 |
| 2019 | 3.91 |
| 2018 | 3.74 |
| 2017 | 4.38 |
| 2016 | 2.35 |
| 2015 |
Inflation, consumer prices (annual % growth) in nearby economies
- Antigua and Barbuda — 1.37% (2025)
- Aruba — 4.26% (2019)
- Bahamas, The — 1.11% (2025)
- Barbados — 0.85% (2025)
- Belize — 1.06% (2025)
- Bolivia — 19.52% (2025)
- Brazil — 5.02% (2025)
- Chile — 4.21% (2025)
- Colombia — 5.14% (2025)
- Costa Rica — -0.07% (2025)
More financial sector data for Jamaica
- Domestic credit to private sector by banks (% of GDP) — 45.67% (2025)
- Net domestic credit (current LCU) — 2.02 trillion (2025)
- Net foreign assets (current LCU) — 1.11 trillion (2025)
- Monetary sector credit to private sector (% of GDP) — 45.82% (2025)
- Broad money (current LCU) — 2.38 trillion (2025)
- Broad money (% of GDP) — 65.77% (2025)
- Broad money to total reserves ratio — 2.37 (2025)
- Consumer price index (2010 = 100) — 233.16 (2025)
- Claims on central government, etc. (% of GDP) — 7.95% (2025)
- Domestic credit to private sector (% of GDP)
Reading data like this
Questions people ask
- What is Jamaica's inflation, consumer prices (annual % growth)?
- 4% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 0.73 percentage points from 3.27% in 1960. The highest value was 77.3% in 1992 and the lowest 1.41% in 1962.
- How does Jamaica rank?
- 52nd highest of 169 economies with data for 2025.
- Is the latest change in inflation, consumer prices (annual % growth) unusual for Jamaica?
- In 2025, Jamaica's inflation, consumer prices (annual % growth) fell 1.41 percentage points on 2024 (from 5.41% to 4%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.99 percentage points and a typical year strayed about 5.96 percentage points from that (the standard deviation). This year's change was 0.1 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 FP.CPI.TOTL.ZG, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in