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FX.co ★ Jamaica's Economy Contracts The Most Since Pandemic

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typeContent_19130:::2026-04-01T17:20:31

Jamaica's Economy Contracts The Most Since Pandemic

Jamaica’s economy contracted by 7.1% year-on-year in Q4 2025, a sharp reversal from the 5.1% growth recorded in Q3 and the steepest decline since Q3 2020. Nearly all sectors shrank, with the exception of financial and insurance activities, which grew by 1.4%, and public administration and defence, which expanded by 2.2%. Mining and quarrying registered the largest decline, plunging 37.5%, followed by accommodation and food service activities, down 31%, and agriculture, forestry, and fishing, which fell 17.7%. On a quarter-on-quarter basis, GDP dropped by 7.3%.

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