Industry, value added | Jamaica – yearly data, chart and table
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Compare
Including construction.
Primary data
Change
Per month
Per capita
Per person employed in industry
Per 1000 km2 surface area
PPP
In constant 2015 dollars
In local currency (average annual exchange rate)
Per capita (local currency)
Percent of GDP
Table
Chart
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Overview
The total industry (including construction) value added of Jamaica in 2024 amounted to 3 644.48 million USD, which is 0.614% more than in 2023, when it was 3 622.23 million USD. It has been growing in this country for already 4 years in a row. Over the entire data period, since 1993, this indicator has increased in 2.35 times. The lowest value added in industry was recorded in 1994, when it was 1 535.87 million USD. The maximum value of Jamaica was in 2024, when it reached 3 644.48 million USD. Industry corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output.
Additional infomation:
About indicator
Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.
