Jamaica
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Economic Conditions in Jamaica
Facts:
Population:
2.8 million
Unemployment:
13.2%
Inflation (CPI):
7.1%
FDI Inflow:
$550.8 million
GDP:
$24.1 billion
0.5% growth
0.0% 5-year compound annual growth
$8,609 per capita
Country Comparisons
2016 Economic Freedom Score: 67.5 (0.2% points down)
Country's Score Over Time
Overall Score Change Since 2012 (+2.4)
Economic Freedom:
Economy of Jamaica
Economic Freedom Status:
Moderately free
Global Ranking:
48th
Regional Ranking:
8th in the South and Central America/Caribbean Region
Notable Successes:
Open Markets
Concerns:
Rule of Law, Management of Public Finance, and Regulatory Efficiency
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