Jamaica: We Are All One People

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A very small island located on the west coast of the globe; with a population of 2.217 million people, that divides into fourteen different parishes. Kingston, which is the largest parish in Jamaica and also the capital has the largest population of 117,210 people. The population is very diverse and the people are very sweet, kind, welcoming, honest, hardworking, dedicated etc. The very small island that tourist love to vacation at, love to travel to, and take such great knowledge in learning about the amazing culture. Jamaica, the land, “we love”. One of the smallest islands in the world, but its size doesn’t dictate what tremendousness it can do.
Major Industries
The Jamaican economy is majorly dependent on many sectors such as: Agriculture, mining, cement, tourism, sugar, tobacco and oil refining. Sugar cane just so happened to be another of the greatest major industries in Jamaica, which falls under the Agricultural category. With mining and agriculture being the two top contender industries, they strive to make Jamaica a country with moral and ethical standards. Mining and Agriculture contribute the most to the Gross Domestic Product (GDP). In 1999 Jamaica GDP was accounted at 6.6%, currently striving there GDP is running at 15%. The Jamaican economy is heavily dependent on services, which accounted for more than 60% of GDP at the end of 2011. The country continues to derive most of its foreign exchange from tourism, remittances, and bauxite. Remittances account for nearly 15% of GDP and exports of bauxite and alumina make up roughly 5%. The bauxite/alumina sector was most affected by the global downturn while the tourism industry was resilient. Tourism revenues ac...

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...ars ago. The GDP has risen, due to the two consecutive mean of finance; tourism, agriculture/ mining.

Works Cited

International Monetary Fund. 2010b. “Jamaica: 2010 First Review of the Stand-By Arrangement Staff Report; Press Release on the Executive Board Decision.” August. Available at http://www.imf.org/external/pubs/cat/longres.cfm?sk=24155.0. Jamaica Inflation Rate. October 17, 2013. http://www.tradingeconomics.com/jamaica/blog

Planning Institute of Jamaica. 2011. “A Growth-Inducement Strategy for Jamaica in the Short and Medium Term.”

Statistical Institute of Jamaica. 2012c. “International Merchandise Trade.” Accessed April 11, 2012. http://statinja.gov.jm/Trade-Econ%20Statistics/InternationalMerchandiseTrade/Exports.aspx World Bank. 2012. “Jamaica: Estimated Debt Service Payments – Summary.” Available at http://www.worldbank.org/en/country/jamaica

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