Global Packaging Machinery Market
What is Jamaica's taxes less subsidies on products (current us$)? As of 2023, it's 3.3B current US$, up from 2.1B current US$ in 2014.
| Label | Taxes less subsidies on products (current US$) |
|---|---|
| 2014 | 2128787381.839 current US$ |
| 2015 | 2272176392.3458 current US$ |
| 2016 | 2365201652.0367 current US$ |
| 2017 | 2706890475.957 current US$ |
| 2018 | 2879496063.6295 current US$ |
| 2019 | 2969865072.355 current US$ |
| 2020 | 2278142879.3625 current US$ |
| 2021 | 2562946635.7302 current US$ |
| 2022 | 3162387185.5466 current US$ |
| 2023 | 3343961076.1869 current US$ |
Data Source: World Bank and Wantstats Repository
This chart doesn't support a simple narrative. It moves up, it moves down — pick any two years and you can tell almost any story you want. Look at the whole series, not a slice of it.
The 2020 dip lands in the one year that disrupted almost every kind of economic activity worldwide — 2020. That doesn't prove COVID-19 caused this specific move, but it's a reasonable first place to look before assuming something else did.
This is Jamaica data, published by the source linked below. Indicator series like this are usually modeled/estimated between survey years, not measured fresh every year — trust the multi-year direction over any one data point.
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