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Economy > National accounts > Local currency at constant prices Stats: compare key data on Jamaica & United States

Definitions

  • Aggregate indicators > GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Value added > Agriculture > Value added > Constant LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Value added > Industry > Value added > Constant LCU: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Value added > Manufacturing > Value added > Constant LC: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Value added > Services > Etc. > Value added > Constant L: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
STAT Jamaica United States HISTORY
Aggregate indicators > GDP > Constant LCU 558.47 billion
Ranked 71st.
11.36 trillion
Ranked 16th. 20 times more than Jamaica

Aggregate indicators > GDP per capita > Constant LCU 206,869.19
Ranked 33th. 6 times more than United States
37,016.09
Ranked 72nd.

Value added > Agriculture > Value added > Constant LCU 27.7 billion
Ranked 54th.
123.28 billion
Ranked 36th. 4 times more than Jamaica

Value added > Industry > Value added > Constant LCU 106.25 billion
Ranked 52nd.
2.31 trillion
Ranked 16th. 22 times more than Jamaica

Value added > Manufacturing > Value added > Constant LC 40.55 billion
Ranked 53th.
1.75 trillion
Ranked 12th. 43 times more than Jamaica

Value added > Services > Etc. > Value added > Constant L 356.64 billion
Ranked 44th.
9.24 trillion
Ranked 10th. 26 times more than Jamaica

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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