The current account balance as a share of the GDP in Jamaica was forecast to continuously decrease between 2024 and 2029 by in total 3.7 percentage points. According to this forecast, in 2029, the share will have decreased for the sixth consecutive year to -2.05 percent. This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Current account balance as a share of the GDP of Jamaica from 2007 to 2029 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1392233/current-account-balance-as-a-share-of-the-gdp-jamaica/
IMF. "Current account balance as a share of the GDP of Jamaica from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1392233/current-account-balance-as-a-share-of-the-gdp-jamaica/
IMF. (2024). Current account balance as a share of the GDP of Jamaica from 2007 to 2029. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1392233/current-account-balance-as-a-share-of-the-gdp-jamaica/
IMF. "Current Account Balance as a Share of The Gdp of Jamaica from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392233/current-account-balance-as-a-share-of-the-gdp-jamaica/
IMF, Current account balance as a share of the GDP of Jamaica from 2007 to 2029 Statista, https://www.statista.com/statistics/1392233/current-account-balance-as-a-share-of-the-gdp-jamaica/ (last visited November 23, 2024)
Current account balance as a share of the GDP of Jamaica from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392233/current-account-balance-as-a-share-of-the-gdp-jamaica/