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Live macro and micro economic signals, historical context and probabilistic forecasts — built to surface trends before they become consensus.

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World/Forecast/Jamaica

Forecast

Jamaica — macro forecast

Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Forecast

Forward projections

Need it as JSON? GET /api/v1/forecast/country/{iso3}.

Forecast heldDerivedledger 12fb228
Real GDP growth — 2027 baseline projection
-1.83

Jamaica: forward projections across 12 macro indicators, horizons 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2034, 2035, 2036. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Below naive baseline · -1%

Nowcast

Where the data already points

Each indicator nowcast from its strongest leading series — inferable from observations already in hand.

Leading-indicator nowcastDerived

For each indicator, Jamaica's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.

Unemployment

high confidence

Led by Govt debt / GDP by 1 year (it moves withthe target; r = 0.872 over 26 obs).

YearNowcastImplied by Govt debt / GDP in
20263.872025 (67.7)

Latest observed-6(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2027-6.110.12-12.33-7.48 – -4.74
2029-6.324.46-17.1-8.83 – -3.82
2031-6.547.38-20.46-9.9 – -3.17
2036-7.0712.62-26.76-12.22 – -1.92

Blended 1-yr-ahead-6.48· skill-weighted across models

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Weak track record · +8%

Latest observed22.7bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202723.6bn26.8bn20.9bn22.9bn – 24.4bn
202925.3bn30.7bn20.5bn23.4bn – 27.1bn
203126.9bn33.9bn20.8bn23.8bn – 29.9bn
203631bn40.9bn22.3bn24.5bn – 37.4bn

Blended 1-yr-ahead24.1bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Below naive baseline · -7%

Latest observed0.08(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2027-1.832.09-5.23-2.51 – -1.15
2029-3.483.31-9.36-4.78 – -2.18
2031-5.123.64-10-7 – -3.25
2036-9.243.16-10-10 – -5.7

Blended 1-yr-ahead-2.21· skill-weighted across models

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Weak track record · +9%

Latest observed8k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20278.6k9.7k7.6k8.3k – 8.9k
20299.3k11.2k7.6k8.6k – 10k
203110k12.4k7.8k8.8k – 11.1k
203611.7k15.2k8.6k9.3k – 14.1k

Blended 1-yr-ahead8.8k· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Below naive baseline · -1%

Latest observed65.8(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202761.8377.6643.5758.41 – 65.26
202953.981.3222.2747.1 – 60.71
203145.9781.365.1336.85 – 55.09
203626.1476.19014.26 – 38.02

Blended 1-yr-ahead63.5· skill-weighted across models

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Consumer price inflation

Weak track record · +13%

Latest observed4(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20277.1113.040.765.69 – 8.54
202910.0520.32-0.957.29 – 12.81
203112.9826.24-1.229 – 16.96
203620.3239.060.2312.91 – 27.72

Blended 1-yr-ahead5.81· skill-weighted across models

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Total population

Strong track record · +64%

Latest observed2.8m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20272.7m2.9m2.6m2.7m – 2.8m
20292.7m2.8m2.5m2.5m – 2.9m
20312.6m2.7m2.5m2.3m – 2.9m
20362.3m2.5m2.2m1.9m – 2.8m

Blended 1-yr-ahead2.8m· skill-weighted across models

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Below naive baseline · -3%

Latest observed-0.39(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026-0.576.69-6.01-1.49 – 0.35
2028-0.8611.71-10-2.47 – 0.76
2030-1.1415-10-3.26 – 0.98
2035-1.8615-10-5.03 – 1.3

Blended 1-yr-ahead-0.27· skill-weighted across models

Track record±1.04typical miss · 1 realized · 264% MAPE

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Weak track record · +5%

Latest observed6.3bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20266.7bn7.5bn6bn6.5bn – 6.9bn
20287.8bn9.1bn6.4bn7.2bn – 8.3bn
20308.8bn10.5bn7.1bn7.8bn – 9.8bn
203511.4bn13.8bn9bn9bn – 13.8bn

Blended 1-yr-ahead6.6bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Below naive baseline · -6%

Latest observed6.47(2024)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20256.238.414.065.8 – 6.67
20275.959.722.185.08 – 6.81
20295.8110.670.944.6 – 7.02
20345.712.5803.73 – 7.66

Blended 1-yr-ahead6.6· skill-weighted across models

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Weak track record · +5%

Latest observed6.3bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20266.7bn7.5bn6bn6.5bn – 6.9bn
20287.8bn9.1bn6.4bn7.2bn – 8.3bn
20308.8bn10.5bn7.1bn7.8bn – 9.8bn
203511.4bn13.8bn9bn9bn – 13.8bn

Blended 1-yr-ahead6.6bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Below naive baseline · -18%

Latest observed3.29(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.623.871.372.39 – 2.86
20281.293.4600.9 – 1.69
203002.800 – 0.51
203503.9600 – 0.77

Blended 1-yr-ahead2.95· skill-weighted across models

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.

Generated by the prediction engine (model prediction-engine-v1) on 2026-08-02 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/forecast/country/JAM · Country page → · Full brief → · API docs

2027
3.74
2026 (65.8)

Fit: Unemployment ≈ -0.6803 + 0.0672·Govt debt / GDP. Correlation, not causation.

Govt debt / GDP

high confidence

Led by Current account / GDP by 1 year (it moves inversely tothe target; r = -0.859 over 28 obs).

YearNowcastImplied by Current account / GDP in
2027106.652026 (-6)

Fit: Govt debt / GDP ≈ 83.627 + -3.8367·Current account / GDP. Correlation, not causation.

GDP (current US$)

high confidence

Led by Unemployment by 3 years (it moves inversely tothe target; r = -0.726 over 44 obs).

YearNowcastImplied by Unemployment in
202715.4bn2024 (3.15)
202815.3bn2025 (3.29)

Fit: GDP (current US$) ≈ 17158253290.3551 + -570577696.6403·Unemployment. Correlation, not causation.

Current account / GDP

low confidence

Led by Govt debt / GDP by 1 year (it moves inversely tothe target; r = -0.573 over 27 obs).

YearNowcastImplied by Govt debt / GDP in
2027-0.322026 (65.8)

Fit: Current account / GDP ≈ 8.4632 + -0.1335·Govt debt / GDP. Correlation, not causation.

Machine-readable: GET /api/v1/nowcast/country/JAM?indicator= · API docs