JAMAICA'S
BALANCE OF PAYMENTS: 2005 - 2008
($US Mn)
 
ITEMS 2005 2006 2007 2008
 
CURRENT ACCOUNT -1071.5 -1182.8 -2043.4 -3038.0
GOODS -2581.2 -2943.5 -3841.3 -5046.9
Merchandise Exports 1588.3 2037.6 2259.3 2348.0
Merchandise Imports -4134.3 -4945.1 -6066.9 -7402.1
Goods for processing 0.0 0.0 0.0 0.0
Repair on goods 0.0 0.0 0.0 0.0
Goods procured in ports by carriers -35.3 -36.0 -33.8 7.2
Services 607.5 627.7 419.6 427.6
Transportation -266.7 -426.4 -540.4 -645.0
Travel 1295.7 1596.6 1611.9 1707.4
Communication 101.3 68.2 84.8 79.6
Insurance Services -119.7 -154.4 -182.2 -184.0
Financial Services 16.2 -2.3 24.7 0.4
Government n.i.e. -12.2 -16.4 -25.8 -30.5
Other Services -407.1 -437.7 -553.3 -500.3
Income -676.2 -615.6 -661.6 -568.3
Compensation of Employees 88.6 96.0 64.8 83.7
Investment Income -764.8 -711.6 -726.4 -651.9
Direct Investment -429.3 -375.9 -523.0 -362.3
Portfolio Investment 21.1 31.5 149.6 190.1
Other Investment -356.7 -367.2 -353.0 -479.7
Transfers 1578.4 1748.6 2039.9 2149.7
Government Transfers 137.0 145.4 133.0 100.7
Private Transfers 1441.4 1603.2 1906.9 2049.0
CAPITAL AND FINANCIAL ACCOUNTS 1277.0 1284.3 1258.0 3038.1
Capital Account -18.3 -27.7 -35.5 18.1
Capital Transfers -18.3 -27.7 -35.5 18.1
Government capital transfers 0.3 4.1 0.7 48.6
Other Sectors -18.6 -31.8 -36.2 -30.5
Financial Account (excluding Reserves) 1295.3 1312.0 1293.6 3020.0
Direct Investment 581.5 796.8 751.5 1360.7
Portfolio Investment -126.0 -128.5 -640.4 -32.8
Other Investment 839.8 643.8 1182.5 1692.0
Net Errors and Omissions 22.4 128.9 345.6 -349.3
OVERALL BALANCE 227.9 230.3 -439.8 -349.2
FINANCING Change in Reserves -227.9 -230.3 439.8 105.0
Central Bank -227.9 -230.3 439.8 105.0
Reserve Assets -228.0 -230.1 439.8 104.8
IMF Reserve Tranche 0.1 -0.2 0.0 0.2
Other Claims 0.0 0.0 0.0 0.0
   
Last Updated on July 2010