Jamaica: Net financial flows, RDB nonconcessional (NFL, current US$)

Key figures

What the numbers say

In 2024, Jamaica's net financial flows, RDB nonconcessional (NFL, current US$) fell US$14.89 million on 2023 (from −US$96.5 million to −US$111.39 million).

Across the 30 yearly changes before that (1994 to 2023), the average change was −US$4.13 million and a typical year strayed about US$149.64 million 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 US$478.2 million in 2010 and the biggest yearly fall was US$520.9 million in 2011. 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 the straight-line trend is downward, about US$21.82 million a year. A straight line explains 58% 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 2024, Jamaica had the 69th highest value of the 77 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 2024 ranking

• Algeria — 66th of 77: −US$64.84 million
• Guatemala — 67th of 77: −US$80.37 million
• Mexico — 68th of 77: −US$107.56 million
• Viet Nam — 70th of 77: −US$155.99 million
• Azerbaijan — 71st of 77: −US$203.97 million
• Kazakhstan — 72nd of 77: −US$205.14 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Nonconcessional financial flows cover all disbursements except those made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 54 values

Net financial flows, RDB nonconcessional (NFL, current US$) in nearby economies

• Argentina — US$1.07 billion (2024)
• Belize — US$10.42 million (2024)
• Bolivia — −US$9.09 million (2024)
• Brazil — −US$263.54 million (2024)
• Colombia — −US$394.09 million (2024)
• Dominican Republic — US$19.23 million (2024)
• Ecuador — US$964.2 million (2024)
• El Salvador — US$43.21 million (2024)
• Guatemala — −US$80.37 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

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Questions people ask

What is Jamaica's net financial flows, RDB nonconcessional (NFL, current US$)?

−US$111.39 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1971?

It is down 412,637% from US$27,000 in 1971. The highest value was US$559.75 million in 2010 and the lowest −US$111.39 million in 2024.

How does Jamaica rank?

69th highest of 77 economies with data for 2024.

Is the latest change in net financial flows, RDB nonconcessional (NFL, current US$) unusual for Jamaica?

In 2024, Jamaica's net financial flows, RDB nonconcessional (NFL, current US$) fell US$14.89 million on 2023 (from −US$96.5 million to −US$111.39 million). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$4.13 million and a typical year strayed about US$149.64 million 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 DT.NFL.RDBN.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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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