Jamaica
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2006-2007 , pp 261-265
- Publication Date: April 2007
- DOI: https://doi.org/10.18356/d545ff03-en
- Language: English
Jamaica’s economy expanded by 2.5% in 2006 which, although a modest performance, was the best for 11 years. The growth was driven by good macroeconomic conditions, including a drop in the inflation rate to 5.8% (the first single-digit record since 2002), falling interest rates and a rise in net international reserves. The economic expansion reflected the recovery in agriculture (15%) and a strong performance from tourism-related services, such as transport and communications (4.6%) and commerce, restaurants and hotels (3.9%).
© United Nations
ISBN (PDF):
9789211561111
Book DOI:
https://doi.org/10.18356/109b6df0-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Jamaica
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