Jamaica Inflation Rate 1960-2020

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Jamaica inflation rate for 2019 was 3.91%, a 0.17% increase from 2018.
  • Jamaica inflation rate for 2018 was 3.74%, a 0.64% decline from 2017.
  • Jamaica inflation rate for 2017 was 4.38%, a 2.02% increase from 2016.
  • Jamaica inflation rate for 2016 was 2.35%, a 1.32% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Iran 39.91%
Turkey 15.18%
Belarus 5.60%
Kazakhstan 5.25%
Russia 4.47%
South Africa 4.12%
Jamaica 3.91%
Romania 3.83%
Brazil 3.73%
Namibia 3.73%
Guatemala 3.70%
Mexico 3.64%
Colombia 3.53%
Bulgaria 3.10%
Lebanon 3.01%
China 2.90%
Botswana 2.77%
Paraguay 2.76%
Azerbaijan 2.61%
Gabon 2.46%
Peru 2.14%
Costa Rica 2.10%
Guyana 2.09%
Algeria 1.95%
Serbia 1.85%
Dominican Republic 1.81%
Fiji 1.77%
Armenia 1.44%
Albania 1.41%
Equatorial Guinea 1.24%
Samoa 0.98%
North Macedonia 0.77%
Jordan 0.76%
Thailand 0.71%
Malaysia 0.66%
Bosnia 0.56%
Mauritius 0.41%
Ecuador 0.27%
Maldives 0.22%
Jamaica Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 3.91% 0.17%
2018 3.74% -0.64%
2017 4.38% 2.02%
2016 2.35% -1.32%
2015 3.68% -4.61%
2014 8.29% -1.05%
2013 9.34% 2.45%
2012 6.90% -0.63%
2011 7.53% -5.08%
2010 12.61% 3.04%
2009 9.57% -12.46%
2008 22.03% 12.74%
2007 9.29% 0.76%
2006 8.52% -6.56%
2005 15.08% 1.54%
2004 13.54% 3.44%
2003 10.10% 3.02%
2002 7.08% 0.09%
2001 6.99% -1.18%
2000 8.17% 2.22%
1999 5.95% -2.68%
1998 8.63% -1.03%
1997 9.66% -16.75%
1996 26.41% 6.50%
1995 19.91% -15.15%
1994 35.06% 12.99%
1993 22.07% -55.23%
1992 77.30% 26.23%
1991 51.07% 29.11%
1990 21.96% 7.63%
1989 14.33% 6.06%
1988 8.27% 1.61%
1987 6.65% -8.45%
1986 15.11% -10.57%
1985 25.67% -2.14%
1984 27.81% 16.23%
1983 11.58% 5.04%
1982 6.55% -6.19%
1981 12.74% -14.57%
1980 27.31% -1.77%
1979 29.08% -5.82%
1978 34.90% 23.71%
1977 11.19% 1.40%
1976 9.79% -7.58%
1975 17.38% -9.78%
1974 27.16% 9.48%
1973 17.68% 12.25%
1972 5.43% 0.09%
1971 5.34% -9.39%
1970 14.73% 8.42%
1969 6.30% 0.37%
1968 5.93% 2.91%
1967 3.02% 1.12%
1966 1.90% -0.73%
1965 2.63% 0.62%
1964 2.01% 0.25%
1963 1.76% 0.36%
1962 1.41% -5.29%
1961 6.70% 3.42%
1960 3.27% 3.42%