Insurance & Financial Services Trade Statistics in Jamaica (2026)
As of 2024, insurance and financial services exports in Jamaica was 0.3% of service exports, per World Bank World Development Indicators data. Essentially no change from 0.4% in 2023 to 0.3% in 2024. Jamaica ranks #32 of 33 economies in Latin America & Caribbean on this measure, and #157 of 176 globally.
Key Statistics
- Latest value (2024)
- 0.3% (2024)
- Insurance & Financial Services Trade in Jamaica as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 0.4% in 2023 to 0.3% in 2024.
- Earliest value in this dataset (1990)
- 1.3% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 1.3% in 1990 to 0.3% in 2024.
- Peak value (2007)
- 2.9% (2007)
- Highest value in the available series; the 2024 value is 0.3%.
- Rank in Latin America & Caribbean
- #32 of 33 (2024)
- Jamaica ranks 32 of 33 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #157 of 176 (2024)
- Jamaica ranks 157 of 176 countries with data globally.
- Latin America & Caribbean average
- 5.8% (2024)
- Jamaica (0.3%) is below the average of 5.8% across the 33 countries in Latin America & Caribbean with data.
- Insurance and financial services (% of service imports, BoP) (2024)
- 6.2% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Jamaica (2024)
- 90.1% (2024)
- 90.1% of the population in Jamaica used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 2.8 million (2024)
- Jamaica had a population of 2.8 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % of service exports (BoP) | Change |
|---|---|---|
| 2024 | 0.3% | −0.0 pp |
| 2023 | 0.4% | −0.1 pp |
| 2022 | 0.4% | −0.2 pp |
| 2021 | 0.6% | −0.2 pp |
| 2020 | 0.8% | +0.6 pp |
| 2019 | 0.3% | −0.0 pp |
| 2018 | 0.3% | −0.0 pp |
| 2017 | 0.3% | −0.0 pp |
| 2016 | 0.4% | +0.0 pp |
| 2015 | 0.4% | −0.1 pp |
| 2014 | 0.5% | −0.5 pp |
| 2013 | 1% | −0.1 pp |
| 2012 | 1.1% | −0.6 pp |
| 2011 | 1.7% | +0.2 pp |
| 2010 | 1.5% | −0.8 pp |
| 2009 | 2.3% | +0.4 pp |
| 2008 | 1.9% | −1.0 pp |
| 2007 | 2.9% | +0.9 pp |
| 2006 | 2% | −0.7 pp |
| 2005 | 2.8% | +1.2 pp |
| 2004 | 1.6% | +0.0 pp |
| 2003 | 1.6% | −0.4 pp |
| 2002 | 2% | +0.5 pp |
| 2001 | 1.5% | +0.2 pp |
| 2000 | 1.2% | +0.3 pp |
| 1999 | 0.9% | +0.0 pp |
| 1998 | 0.9% | −0.0 pp |
| 1997 | 0.9% | +0.1 pp |
| 1996 | 0.8% | −0.3 pp |
| 1995 | 1.1% | −0.7 pp |
| 1994 | 1.7% | +1.0 pp |
| 1993 | 0.8% | −0.0 pp |
| 1992 | 0.8% | −0.3 pp |
| 1991 | 1.1% | −0.2 pp |
| 1990 | 1.3% | — |
Frequently asked questions
What is the latest figure for insurance and financial services exports in Jamaica?
Insurance and financial services exports in Jamaica stood at 0.3% of service exports in 2024, according to World Bank World Development Indicators data.
How has insurance & financial services trade in Jamaica changed over time?
World Bank World Development Indicators data show a decline from 1.3% in 1990 to 0.3% in 2024.
How does Jamaica compare with other countries in Latin America & Caribbean?
Jamaica ranks 32 of 33 countries in Latin America & Caribbean with data, with 0.3% versus a regional average of 5.8% (latest values per country).
Where does Jamaica rank globally on insurance & financial services trade?
Jamaica ranks 157 of 176 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.GSR.INSF.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .