Makrognosis

Jamaica Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:JM

Model score80 / 1009 Nov 2026
Grade equivalentA+model-implied
BandInvestment grade0–100 scale, 100 = strongest
Rank22nd of 84economies scored

Makrognosis sovereign credit model scores Jamaica at 80 out of 100 as of 9 November 2026, equivalent to A+ on the familiar letter scale — investment grade.

The score is down 0.5 points from 80 on 1 October 2026.

That places Jamaica 22nd of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 62.4% of GDP, a fiscal balance of 0.2% of GDP, a current account balance of 3.1% of GDP.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Jamaica sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026304050607080Robomacro
Jamaica sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202680.0A+
1 October 202680.5A+
31 July 202680.5A+
30 July 202641.0BB-
26 July 202638.6BB-
21 June 202654.3BBB-
18 June 202654.7BBB-
Get the Jamaica sovereign risk score in your code

Score, grade equivalent and inputs for 84 economies. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/credit/JM"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/JM",
                 headers={"X-API-Key": KEY})
score = r.json()["headline"]["score_0_100"]
Get a free API key → · API docs

What drives the score

The model's published inputs for Jamaica, from official national and international statistics.

InputValueVintage
GDP per capitaUS$8,002.92026
Real GDP growth, 5-year average2.9%2026
Inflation, recent average5.4%2026
Government debt62.4% of GDP2026
Fiscal balance0.2% of GDP2026
Current account balance3.1% of GDP2026
External debt76.1% of GDP2026
Foreign-exchange reserves6.5 months of imports2026
Governance (World Bank WGI composite)0.1752026

How Jamaica compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
17South Korea9 Nov 202685
18India9 Nov 202684
19Austria9 Nov 202683
20France9 Nov 202682
21Singapore9 Nov 202682
22Jamaica9 Nov 202680
23Belgium9 Nov 202680
24Hong Kong9 Nov 202678
25Spain9 Nov 202678
26Estonia9 Nov 202676
27Italy9 Nov 202676
28Uruguay9 Nov 202675

All 84 economies ranked →

Jamaica economic indicators

Jamaica Government Debt to GDPJamaica Government Budget BalanceJamaica Public debt, J$ million (MoFPS Fiscal Policy Paper Table 1B Total Debt, FY-end March)

FAQ

What is Jamaica's credit rating?
Makrognosis sovereign credit model scores Jamaica at 80/100 as of 9 November 2026, equivalent to A+ (investment grade). This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.
How is the sovereign risk score calculated?
A statistical model scores each economy from published inputs — government debt and fiscal balance, current account and external debt, GDP per capita and growth, inflation, reserves and governance — on a 0–100 scale where 100 is the strongest credit. It is re-run as the inputs update.
Where can I get the data?
Through the Makrognosis API: GET /v1/credit/JM returns the score history and inputs; /v1/credit/universe lists every economy.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Last assessed 2026-11-09. Source: Makrognosis sovereign credit model.