Inflation rates by country and year

0%19.3%38.6%58%77.3%
0%19.3%38.6%58%77.3%
19603.3%
199277.3%
20254.0%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate4.0%

Behind the curve

Turning points in Jamaica

  1. The dollar's slide — Wikipedia (opens in a new tab)

    Fiscal and monetary instability and a sliding dollar drove Jamaican inflation to very high levels in the early 1990s.

    Bank of Jamaica
  2. The world food price crisis — Wikipedia (opens in a new tab)

    The 2007–08 global food and fuel surge pushed Jamaican inflation to a peak in 2008.

    Bank of Jamaica
  3. The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Higher global food and energy prices lifted Jamaican inflation in 2022.

    Bank of Jamaica

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Jamaica?

The annual inflation rate in Jamaica was 4.0% in 2025, the most recent year in the World Bank dataset. That means prices rose 4.0% on average compared with the year before. Use the chart above to explore Jamaica's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Jamaica has changed

Inflation in Jamaica peaked at 77.3% in 1992 and reached its lowest point at 1.4% in 1962. Averaged across the 66 years of available data (19602025), the rate has been 12.9% per year.

Frequently asked questions about inflation in Jamaica

What is the current inflation rate in Jamaica?

The latest available annual figure is 4.0% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Jamaica's statistical office.

What was the highest inflation rate in Jamaica?

The highest annual inflation rate on record is 77.3%, reached in 1992.

What was the lowest inflation rate in Jamaica?

The lowest annual inflation rate on record is 1.4%, recorded in 1962.

Where does the inflation data for Jamaica come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.