Jamaica - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Jamaica was 5.23 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 77.30 in 1992 and a minimum value of 1.41 in 1962.

Definition: 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. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 3.27
1961 6.70
1962 1.41
1963 1.76
1964 2.01
1965 2.63
1966 1.90
1967 3.02
1968 5.93
1969 6.30
1970 14.73
1971 5.34
1972 5.43
1973 17.68
1974 27.16
1975 17.38
1976 9.79
1977 11.19
1978 34.90
1979 29.08
1980 27.31
1981 12.74
1982 6.55
1983 11.58
1984 27.81
1985 25.67
1986 15.11
1987 6.65
1988 8.27
1989 14.33
1990 21.96
1991 51.07
1992 77.30
1993 22.07
1994 35.06
1995 19.91
1996 26.41
1997 9.66
1998 8.63
1999 5.95
2000 8.17
2001 6.80
2002 7.08
2003 10.09
2004 13.55
2005 15.05
2006 8.56
2007 9.24
2008 22.02
2009 9.59
2010 12.61
2011 7.56
2012 6.87
2013 9.34
2014 8.27
2015 3.69
2016 2.35
2017 4.38
2018 3.74
2019 3.91
2020 5.23

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Jamaica was 3.56 as of 2020. As the graph below shows, over the past 53 years this indicator reached a maximum value of 60.04 in 1992 and a minimum value of -4.91 in 1972.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1967 4.24
1968 2.73
1969 4.11
1970 5.23
1971 6.92
1972 -4.91
1973 26.45
1974 31.09
1975 20.74
1976 11.13
1977 12.49
1978 26.58
1979 15.74
1980 18.29
1981 8.32
1982 8.31
1983 16.96
1984 35.92
1985 28.53
1986 26.86
1987 10.82
1988 12.06
1989 12.37
1990 25.12
1991 43.84
1992 60.04
1993 52.81
1994 31.11
1995 25.19
1996 18.87
1997 9.61
1998 10.58
1999 6.92
2000 10.59
2001 7.81
2002 9.08
2003 11.62
2004 12.86
2005 11.47
2006 8.85
2007 11.32
2008 13.55
2009 11.66
2010 9.81
2011 5.80
2012 6.57
2013 8.42
2014 6.93
2015 6.66
2016 4.66
2017 6.55
2018 4.99
2019 3.18
2020 3.56

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Jamaica was 3.56 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 60.04 in 1992 and 3.18 in 2019.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 25.12
1991 53.13
1992 60.04
1993 52.81
1994 31.11
1995 25.19
1996 18.87
1997 9.61
1998 8.33
1999 6.92
2000 10.59
2001 7.81
2002 9.08
2003 11.62
2004 12.86
2005 11.47
2006 8.85
2007 11.32
2008 13.55
2009 11.66
2010 9.81
2011 5.80
2012 6.57
2013 8.42
2014 6.93
2015 6.66
2016 4.66
2017 6.55
2018 4.99
2019 3.18
2020 3.56

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices