Monthly minimum wage (Local currency), annual growth rate in Jamaica
Jamaica: Monthly minimum wage (Local currency), annual growth rate was 15.38 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Jamaica, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for monthly minimum wage (local currency), annual growth rate in Jamaica is 15.38 % change on previous year, measured in 2024.
The figure is down 65.4% on the previous year and up 28.2% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Jamaica peaked at 50 % change on previous year in 2002 and was at its lowest, 0 % change on previous year, in 2001.
That places Jamaica 31st out of 168 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Jamaica, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 0 % change on previous year | — |
| 2002 | 50 % change on previous year | — |
| 2003 | 0 % change on previous year | -100.0% |
| 2004 | 11.12 % change on previous year | — |
| 2005 | 20 % change on previous year | +79.9% |
| 2006 | 16.66 % change on previous year | -16.7% |
| 2007 | 14.29 % change on previous year | -14.2% |
| 2008 | 15.62 % change on previous year | +9.3% |
| 2009 | 0 % change on previous year | -100.0% |
| 2010 | 0 % change on previous year | — |
| 2011 | 10 % change on previous year | — |
| 2012 | 10.56 % change on previous year | +5.6% |
| 2013 | 11.11 % change on previous year | +5.2% |
| 2014 | 12 % change on previous year | +8.0% |
| 2015 | 0 % change on previous year | -100.0% |
| 2016 | 10.71 % change on previous year | — |
| 2017 | 0 % change on previous year | -100.0% |
| 2018 | 12.9 % change on previous year | — |
| 2019 | 0 % change on previous year | -100.0% |
| 2020 | 0 % change on previous year | — |
| 2021 | 0 % change on previous year | — |
| 2022 | 28.47 % change on previous year | — |
| 2023 | 44.44 % change on previous year | +56.1% |
| 2024 | 15.38 % change on previous year | -65.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.19 % change on previous year | 0 % change on previous year | 50 % change on previous year | 9 |
| 2010s | 6.73 % change on previous year | 0 % change on previous year | 12.9 % change on previous year | 10 |
| 2020s | 17.66 % change on previous year | 0 % change on previous year | 44.44 % change on previous year | 5 |
Countries ranked near Jamaica
- 28 Slovenia 15.96 % change on previous year compare
- 29 Pakistan 15.62 % change on previous year compare
- 30 Russia 15.62 % change on previous year compare
- 31 Cape Verde 15.38 % change on previous year compare
- 33 Moldova 14.55 % change on previous year compare
- 34 Belarus 13 % change on previous year compare
More work & labour data for Jamaica
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.76 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1.69 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.83 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.25 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0152 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,904 1000 No (2050)
- Population - Est. & Proj. — Rural population 799.47 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 544.43 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 522.35 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,067 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Jamaica?
- Monthly minimum wage (local currency), annual growth rate in Jamaica was 15.38 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Jamaica?
- The highest recorded value was 50 % change on previous year in 2002.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Jamaica?
- The lowest recorded value was 0 % change on previous year in 2001.
- How does Jamaica rank for monthly minimum wage (local currency), annual growth rate?
- Jamaica ranks 31st out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Jamaica?
- Over the last ten years it is up 28.2%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.