Gross Domestic Product (GDP) declined by 3.5% in Q3 2024
Michael Phang2025-01-03T14:56:31-05:00January 3, 2024 The Statistical Institute of Jamaica (STATIN) reported a 3.5% decline in Jamaica’s total value added in the third quarter of 2024 compared to the same quarter of 2023. The performance of the economy was primarily attributed to falls in the Services and Goods Producing Industries of 2.2% and 7.2%, respectively. Services Industries