Search results
Results From The WOW.Com Content Network
The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [16] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar, and bananas. [17]
Due to the lack of economic opportunity and low GDP per capital levels, Caribbean people are traveling in large numbers to developed countries. Globally, Grenada has the third-highest percentage of emigrating at 67.3%, St. Kitts and Nevis is fourth at 61.0% and Guyana is fifth at 56.8%. Most of these Caribbean emigrants are women.
Jamaica's annual population growth rate stood at 0.08% in 2022. As of 2023, 68.9% of Jamaicans were Christians in 2011, predominantly Protestant . A more precise study conducted by the local University of the West Indies - Jamaica's population is more accurately 76.3% African descent or Black, 15.1% Afro-European, 3.4% East Indian and Afro-East ...
Jamaica's economy grew strongly after the years of independence, [213] but then stagnated in the 1980s, due to the heavy falls in price of bauxite and fluctuations in the price of agriculture. [213] [84] The financial sector was troubled in 1994, with many banks and insurance companies suffering heavy losses and liquidity problems.
In these charts, top Wall Street experts explain how inflation's decline and resilient economic growth, among other forces, have investors optimistic the stock market's 2024 rally has more room to ...
Several economist have voiced concern over this, arguing that an increase in the size of the informal economy can lead to a decline in economic growth. [24] [predatory publisher] Today Jamaica has a population of 2.8 million individuals (2018), [4] a GNI per capita of $4,990 (2018), and a lower inequality rate than most nations in Latin America.
Economic history of Jamaica (3 C, 3 P) I. Industry in Jamaica (4 C) Infrastructure in Jamaica (1 C) L. Labour in Jamaica (1 C) S. Science and technology in Jamaica (3 ...
The US labor market just finished a year that many thought would see a recession with one of the highest 12-month job totals seen in the last decade.. Including an unexpectedly strong December ...