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Compare Jamaica (2004) - Jamaica (2005)

Compare Jamaica (2004) z Jamaica (2005)

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 Jamaica (2004)Jamaica (2005)
 JamaicaJamaica
Age structure 0-14 years: 28.2% (male 390,966; female 372,961)


15-64 years: 65% (male 883,053; female 880,296)


65 years and over: 6.9% (male 82,788; female 103,066) (2004 est.)
0-14 years: 27.5% (male 385,099/female 367,398)


15-64 years: 65.6% (male 897,953/female 893,509)


65 years and over: 6.9% (male 83,632/female 104,241) (2005 est.)
Airports 35 (2003 est.) 35 (2004 est.)
Birth rate 16.94 births/1,000 population (2004 est.) 16.56 births/1,000 population (2005 est.)
Budget revenues: $2.596 billion


expenditures: $3.111 billion, including capital expenditures of $236 million (2003 est.)
revenues: $2.793 billion


expenditures: $3.157 billion, including capital expenditures of $236 million (2004 est.)
Currency Jamaican dollar (JMD) -
Death rate 5.4 deaths/1,000 population (2004 est.) 5.37 deaths/1,000 population (2005 est.)
Debt - external $4.962 billion (2003 est.) $5.964 billion (2004 est.)
Economy - overview The Jamaican economy is heavily dependent on services, which now account for 70% of GDP. The country continues to derive most of its foreign exchange from tourism, remittances, and bauxite/alumina. The global economic slowdown, particularly after the terrorist attacks in the US on 11 September 2001, stunted economic growth; the economy rebounded moderately in 2003, with one of the best tourist seasons on record. But the economy faces serious long-term problems: high interest rates; increased foreign competition; a pressured, sometimes sliding, exchange rate; a sizable merchandise trade deficit; large-scale unemployment; and a growing internal debt, the result of government bailouts to ailing sectors of the economy. The ratio of debt to GDP is close to 150%. Inflation, previously a bright spot, is expected to remain in the double digits. Depressed economic conditions have led to increased civil unrest, including gang violence fueled by the drug trade. In 2004, the government faces the difficult prospect of having to achieve fiscal discipline in order to maintain debt payments while simultaneously attacking a serious and growing crime problem that is hampering economic growth. The Jamaican economy is heavily dependent on services, which now account for 60% of GDP. The country continues to derive most of its foreign exchange from tourism, remittances, and bauxite/alumina. The global economic slowdown, particularly after the terrorist attacks in the US on 11 September 2001, stunted economic growth; the economy rebounded moderately in 2003-04, with brisk tourist seasons. But the economy faces serious long-term problems: high interest rates; increased foreign competition; a pressured, sometimes sliding, exchange rate; a sizable merchandise trade deficit; large-scale unemployment; and a growing internal debt, the result of government bailouts to ailing sectors of the economy. The ratio of debt to GDP is close to 150%. Inflation, previously a bright spot, is expected to remain in the double digits. Uncertain economic conditions have led to increased civil unrest, including gang violence fueled by the drug trade. In 2004, the government faced the difficult prospect of having to achieve fiscal discipline in order to maintain debt payments while simultaneously attacking a serious and growing crime problem which is hampering economic growth. Attempts at deficit control were derailed by Hurricane Ivan in September 2004, which required substantial government spending to repair the damage. Despite the hurricane, tourism looks set to enjoy solid growth for the foreseeable future.
Electricity - consumption 5.833 billion kWh (2001) 5.849 billion kWh (2002)
Electricity - exports 0 kWh (2001) 0 kWh (2002)
Electricity - imports 0 kWh (2001) 0 kWh (2002)
Electricity - production 6.272 billion kWh (2001) 6.289 billion kWh (2002)
Exchange rates Jamaican dollars per US dollar - 57.7409 (2003), 48.4159 (2002), 45.9962 (2001), 42.7011 (2000), 39.0435 (1999) Jamaican dollars per US dollar - 61.197 (2004), 57.741 (2003), 48.416 (2002), 45.996 (2001), 42.986 (2000)
Exports NA (2001) NA
Exports - partners US 29.6%, UK 11%, Canada 10.8%, France 7.9%, Norway 6.8%, Germany 6.2%, China 6%, Netherlands 4.4% (2003) US 17.4%, Canada 14.8%, France 13%, China 10.5%, UK 8.7%, Netherlands 7.5%, Norway 6%, Germany 5.9% (2004)
GDP purchasing power parity - $10.61 billion (2003 est.) -
GDP - composition by sector agriculture: 6.7%


industry: 37.2%


services: 56.2% (2003 est.)
agriculture: 6.1%


industry: 32.7%


services: 61.3% (2004 est.)
GDP - per capita purchasing power parity - $3,900 (2003 est.) purchasing power parity - $4,100 (2004 est.)
GDP - real growth rate 1.9% (2003 est.) 1.9% (2004 est.)
Imports NA (2001) NA
Imports - partners US 39.8%, Trinidad and Tobago 9.7%, Germany 5.6%, Venezuela 4.5%, France 4.5%, Japan 4.2% (2003) US 38.7%, Trinidad and Tobago 13.2%, France 5.6%, Japan 4.7% (2004)
Infant mortality rate total: 12.81 deaths/1,000 live births


male: 13.82 deaths/1,000 live births


female: 11.75 deaths/1,000 live births (2004 est.)
total: 12.36 deaths/1,000 live births


male: 13.35 deaths/1,000 live births


female: 11.32 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 10.3% (2003 est.) 12.4% (2004 est.)
Labor force 1.13 million (2003) 1.14 million (2004 est.)
Labor force - by occupation agriculture 21%, industry 19%, services 60% (1998) agriculture 20.1%, industry 16.6%, services 63.4% (2003)
Life expectancy at birth total population: 76.07 years


male: 74.04 years


female: 78.21 years (2004 est.)
total population: 73.33 years


male: 71.63 years


female: 75.12 years (2005 est.)
Merchant marine total: 6 ships (1,000 GRT or over) 74,881 GRT/100,682 DWT


by type: bulk 2, petroleum tanker 1, refrigerated cargo 2, short-sea/passenger 1


foreign-owned: Greece 2, Iceland 1, Latvia 1, United States 2 (2004 est.)
total: 9 ships (1,000 GRT or over) 74,881 GRT/100,682 DWT


by type: bulk carrier 5, petroleum tanker 1, roll on/roll off 3


foreign-owned: 8 (Germany 2, Greece 5, UAE 1) (2005)
Military expenditures - dollar figure $31 million (2003) $31.2 million (2003)
Military manpower - availability males age 15-49: 764,266 (2004 est.) -
Military manpower - fit for military service males age 15-49: 533,768 (2004 est.) -
Military manpower - reaching military age annually males: 27,126 (2004 est.) -
National holiday Independence Day, first Monday in August (1962) Independence Day, 6 August (1962)
Net migration rate -4.92 migrant(s)/1,000 population (2004 est.) -4.07 migrant(s)/1,000 population (2005 est.)
Political parties and leaders Jamaica Labor Party or JLP [Edward SEAGA]; National Democratic Movement or NDM [Hyacinth BENNETT]; People's National Party or PNP [Percival James PATTERSON] Jamaica Labor Party or JLP [Bruce GOLDING]; National Democratic Movement or NDM [Hyacinth BENNETT]; People's National Party or PNP [Percival James PATTERSON]
Population 2,713,130 (July 2004 est.) 2,731,832 (July 2005 est.)
Population growth rate 0.66% (2004 est.) 0.71% (2005 est.)
Ports and harbors Alligator Pond, Discovery Bay, Kingston, Montego Bay, Ocho Rios, Port Antonio, Rocky Point, Port Esquivel (Longswharf) Kingston, Port Esquivel, Port Kaiser, Port Rhoades, Rocky Point
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.05 male(s)/female


15-64 years: 1 male(s)/female


65 years and over: 0.8 male(s)/female


total population: 1 male(s)/female (2004 est.)
at birth: 1.05 male(s)/female


under 15 years: 1.05 male(s)/female


15-64 years: 1.01 male(s)/female


65 years and over: 0.8 male(s)/female


total population: 1 male(s)/female (2005 est.)
Total fertility rate 1.98 children born/woman (2004 est.) 1.95 children born/woman (2005 est.)
Unemployment rate 15.9% (2003 est.) 15% (2004 est.)
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