Cash surplus/deficit (% of GDP) for Jamaica
CASHBLJMA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
-108.45%
Date Range
1/1/1975 - 1/1/2014
Summary
The cash surplus/deficit (% of GDP) for Jamaica measures the government's net fiscal position, representing the difference between total revenues and total expenditures as a percentage of the country's GDP.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric provides insight into Jamaica's fiscal health and is closely monitored by economists and policymakers to assess the government's ability to balance its budget and manage public debt.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on Jamaica's reported government finance statistics.
Historical Context
Trends in this metric can inform fiscal and monetary policy decisions to promote economic stability and growth.
Key Facts
- Jamaica's cash deficit was 3.2% of GDP in 2021.
- The deficit has decreased from a high of 7.7% in 2013.
- Reducing the deficit is a key economic priority for the Jamaican government.
FAQs
Q: What does this economic trend measure?
A: The cash surplus/deficit (% of GDP) for Jamaica measures the government's net fiscal position, representing the difference between total revenues and total expenditures as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Jamaica's fiscal health and is closely monitored by economists and policymakers to assess the government's ability to balance its budget and manage public debt.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on Jamaica's reported government finance statistics.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform fiscal and monetary policy decisions to promote economic stability and growth in Jamaica.
Q: Are there update delays or limitations?
A: The data is typically published with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Jamaica (CASHBLJMA188A), retrieved from FRED.