Over the period 1962 – 2015 Jamaica experienced an average annual economic growth of 1.6% per annum compared with average annual economic growth of 3.1 per cent for the global economy over the same period. This performance masks the relatively high GDP growth between the period 1962 – 1972.
In more recent times, Jamaica has been on a trajectory of decreasing real GDP growth decade after decade. Over the last 20 years real GDP averaged 0.5% per annum and over the last 10 years GDP growth was 0.2% per annum. GDP per capita was 5137.90 USD in 2015. Jamaica consistently ranks among the slowest growing developing country in the world.