"> How Fast Is The Jamaican Economy Growing? | Jamaican Medium Jobs

How Fast Is The Jamaican Economy Growing?

The Jamaica Economy is diverse. The country heavily relies on tourism which contributes largely to the country’s GDP, that is 60%. For decades, Jamaica has struggled with low growth, high public debt and many external shocks such as recessions weakened the economy. Jamaica was marked as one of the slowest growing developing countries in the world. In 2016, a  radical shift has been observed.  The country has recorded significant growth and improvement. Economist has predicted continued growth in 2017. In 2017, Jamaica is expected to grow at the 16th-fastest rate in the region among the 27 nations in LAC compared by the […]
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