Jamaica's net financial flows, IBRD (NFL, current US$) was −US$21.88 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 13.54% from −US$25.31 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$21.88 million | 2024 |
| Five years earlier | US$20.97 million | 2019 |
| Ten years earlier | −US$25.31 million | 2014 |
| Highest | US$180.56 million | 2010 |
| Lowest | −US$53.78 million | 1994 |
| Average since 2015 | US$21.32 million | 2015–2024 |
| First recorded | US$6.04 million |
What the numbers say
In 2024, Jamaica's net financial flows, IBRD (NFL, current US$) rose US$21.59 million on 2023 (from −US$43.47 million to −US$21.88 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was −US$1.58 million and a typical year strayed about US$70.31 million from that (the standard deviation). This year's change was 0.3 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 US$129.5 million in 2013 and the biggest yearly fall was US$146.25 million in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 14% 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 2024, Jamaica had the 52nd highest value of the 62 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 | −US$21.88 million | 2024 |
| Latin America & Caribbean | US$2.94 billion | 2024 |
| Upper middle income | US$8.4 billion | 2024 |
Closest to Jamaica in the 2024 ranking
What this measures
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IBRD is the International Bank for Reconstruction and Development, the founding and largest member of the World Bank Group. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | Net financial flows, IBRD (NFL, current US$) |
|---|---|
| 2024 | -21,882,000 |
| 2023 | -43,471,000 |
| 2022 | -29,857,000 |
| 2021 | 116,388,000 |
| 2020 | 59,730,000 |
| 2019 | 20,968,000 |
| 2018 | 3,024,000 |
| 2017 | 52,966,000 |
| 2016 | -16,462,000 |
| 2015 | 71,777,000 |
| 2014 |
Net financial flows, IBRD (NFL, current US$) in nearby economies
- Argentina — US$859.15 million (2024)
- Barbados — −US$2.52 million (2016)
- Belize — US$4.13 million (2024)
- Bolivia — US$115.71 million (2024)
- Brazil — −US$447.42 million (2024)
- Chile — US$85.33 million (2016)
- Colombia — US$648.74 million (2024)
- Dominica — −US$31,000 (2016)
- Dominican Republic — US$401.61 million (2024)
- Ecuador — US$1.05 billion (2024)
More economic policy & debt data for Jamaica
- Total reserves, including gold (current US$) — 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$22.36 billion (2025)
- GNI (current LCU) — 3.56 trillion (2025)
Reading data like this
Questions people ask
- What is Jamaica's net financial flows, IBRD (NFL, current US$)?
- −US$21.88 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 462.16% from US$6.04 million in 1970. The highest value was US$180.56 million in 2010 and the lowest −US$53.78 million in 1994.
- How does Jamaica rank?
- 52nd highest of 62 economies with data for 2024.
- Is the latest change in net financial flows, IBRD (NFL, current US$) unusual for Jamaica?
- In 2024, Jamaica's net financial flows, IBRD (NFL, current US$) rose US$21.59 million on 2023 (from −US$43.47 million to −US$21.88 million). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$1.58 million and a typical year strayed about US$70.31 million from that (the standard deviation). This year's change was 0.3 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 DT.NFL.MIBR.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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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