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Jamaica
Economics
Inflation 22% p.a. (1990–2001)

Gross National Product (GNP): US$7.26bn

Exchange rates against the US$ over the last year: 58.7 Jamaican dollars (48.25)

SCORE CARD

World GNP ranking: 100th
GNP per capita: US$2800
Balance of payments: –US$788m
Inflation: 7.1%
Unemployment: 16%

Strengths

Relatively diversified economy. Tourism. Mining and refining of bauxite for aluminum. Agriculture, including sugar, bananas, rum, and coffee. Light manufacturing.

Weaknesses

Banking and insurance sectors. Climbing debt burden, now around 150% of GDP, dominates budget. Financing of sugar production. Stagnant growth. High unemployment.

EXPORTS
Exports

IMPORTS
Imports