Jamaica Consumer Spending 1960-2025

Jamaica consumer spending for 2019 was 12.06 billion US dollars, a 0.75% increase from 2018.
  • Jamaica consumer spending for 2018 was 11.97 billion US dollars, a 3.25% increase from 2017.
  • Jamaica consumer spending for 2017 was 11.59 billion US dollars, a 6% increase from 2016.
  • Jamaica consumer spending for 2016 was 10.94 billion US dollars, a 4.95% decline from 2015.
Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.