General Government Gross Debt for Jamaica
JAMGGXWDGGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.36
Year-over-Year Change
-44.52%
Date Range
1/1/1999 - 1/1/2030
Summary
The General Government Gross Debt for Jamaica measures the total public debt of the Jamaican government. This key indicator provides insights into the fiscal health and solvency of the nation.
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
General government gross debt encompasses all levels of government and includes both domestic and foreign-held debt. Economists and policymakers monitor this metric to assess a country's creditworthiness, financing needs, and overall economic stability.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
Jamaican government debt levels are closely watched by international investors and organizations providing financial assistance.
Key Facts
- Jamaica's government debt peaked at over 145% of GDP in 2013.
- The government has worked to reduce debt levels in recent years.
- Debt sustainability is a key priority for Jamaican policymakers.
FAQs
Q: What does this economic trend measure?
A: The General Government Gross Debt for Jamaica measures the total public debt of the Jamaican government, including both domestic and foreign-held debt.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Jamaica's fiscal health and solvency, which is closely watched by international investors and organizations providing financial assistance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Jamaican government debt levels are a key consideration for policymakers in managing the country's fiscal policy and maintaining economic stability.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and any potential delays of the IMF.
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Citation
U.S. Federal Reserve, General Government Gross Debt for Jamaica (JAMGGXWDGGDP), retrieved from FRED.