Jamaica Consumer Spending 1960-2024

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.
  • Jamaica consumer spending for 2019 was $12.06B, a 0.75% increase from 2018.
  • Jamaica consumer spending for 2018 was $11.97B, a 3.25% increase from 2017.
  • Jamaica consumer spending for 2017 was $11.59B, a 6% increase from 2016.
  • Jamaica consumer spending for 2016 was $10.94B, a 4.95% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $5,604.61B
Brazil $1,220.34B
Mexico $882.48B
Russia $873.63B
Turkey $432.98B
Thailand $270.76B
South Africa $249.53B
Colombia $221.82B
Malaysia $218.27B
Romania $156.32B
Peru $147.94B
Iran $139.21B
Iraq $100.39B
Kazakhstan $94.97B
Algeria $82.80B
Ecuador $68.59B
Guatemala $65.49B
Dominican Republic $60.30B
Cuba $56.54B
Lebanon $48.32B
Costa Rica $41.42B
Bulgaria $40.69B
Serbia $35.15B
Belarus $34.76B
Libya $34.51B
Jordan $33.24B
Azerbaijan $27.70B
Paraguay $24.81B
Bosnia $14.82B
Albania $12.32B
Jamaica $12.06B
Armenia $11.36B
Mauritius $10.59B
Namibia $8.68B
North Macedonia $8.26B
Botswana $7.40B
Equatorial Guinea $6.39B
Gabon $6.36B
Montenegro $3.96B
Fiji $3.83B
Belize $1.38B
Samoa $0.61B
American Samoa $0.51B
Tonga $0.48B
Marshall Islands $0.18B
Jamaica Consumer Spending - Historical Data
Year Spending Per Capita Growth Rate
2019 $12.06B $4,215 1.02%
2018 $11.97B $4,175 0.99%
2017 $11.59B $4,139 1.17%
2016 $10.94B $4,100 -0.16%
2015 $11.51B $4,118 -0.10%
2014 $11.85B $4,137 -0.85%
2013 $12.17B $4,190 -0.69%
2012 $12.65B $4,239 -0.98%
2011 $12.40B $4,302 3.82%
2010 $10.83B $4,162 -1.23%
2009 $9.74B $4,232 -11.06%
2008 $12.22B $4,778 3.10%
2007 $10.28B $4,652 %
2006 $9.33B %
2005 $8.86B %
2004 $7.62B %
2003 $7.02B %
2002 $7.22B %
2001 $6.76B %
2000 $6.71B %
1999 $6.34B %
1998 $6.18B %
1997 $5.77B %
1996 $5.16B %
1995 $4.59B %
1994 $3.64B %
1993 $3.20B %
1992 $2.35B %
1991 $2.70B %
1990 $2.98B %
1989 $3.05B %
1988 $2.53B %
1987 $2.14B %
1986 $1.81B %
1985 $1.48B %
1984 $1.58B %
1983 $2.35B %
1982 $2.23B %
1981 $2.02B %
1980 $1.71B %
1979 $1.51B %
1978 $1.63B %
1977 $2.13B %
1976 $2.07B %
1975 $1.89B %
1974 $1.62B %
1973 $1.18B %
1972 $1.26B %
1971 $0.96B %
1970 $0.86B %
1969 $0.73B %
1968 $0.66B %
1967 $0.72B %
1966 $0.68B %
1965 $0.67B %
1964 $0.63B %
1963 $0.55B %
1962 $0.52B %
1961 $0.50B %
1960 $0.48B %