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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Jamaica is an upper-middle-income country [15] with an economy heavily dependent on tourism; it has an average of 4.3 million tourists a year. [20] The country performs favourably in measures of press freedom, democratic governance, and sustainable well-being.
The loan required the Jamaican government to institute a pay freeze amounting to a 20% real-terms cut in wages. Jamaica is one of the most indebted countries and spends around half of its annual federal budget on debt repayments. [152] The 2010s look to be a bad time for Jamaica's sugarcane industry.
African Americans had a combined buying power of over $1.6 trillion as of 2021, a 171% increase of their buying power in 2000 but lagging significantly in growth behind American Latinos and Asians in the same timer period (with 288% and 383%, respectively; for reference, US growth overall was 144% in the same period); however, African American ...
Filipino American households in Los Angeles had a net worth of $243,000 with $5,000 in debts compared to a net worth of $355,000 for White households, $595,000 for Japanese households, $408,500 for Chinese households and $460,000 for Indian American households.
It is a high-income economy with a nominal gross domestic product (GDP) per capita of US$36,254. [239] The currency is the New Zealand dollar, informally known as the "Kiwi dollar"; it also circulates in the Cook Islands (see Cook Islands dollar), Niue, Tokelau, and the Pitcairn Islands. [240]
The country faced a severe economic downturn following the withdrawal of Soviet subsidies worth $4 billion to $6 billion annually, resulting in effects such as food and fuel shortages. [139] [140] The government did not accept American donations of food, medicines and cash until 1993. [139]
£8.60 (US$11.78) per hour for those aged 18–20 £6.40 (US$8.77) per hour for those aged 16-17, apprentices aged 16 to 18, and those aged 19 or over who are in their first year of apprenticeship. [242] Employees under the age of 16 aren't entitled to the National Minimum Wage. 32,596: 29,744. 40 15.67: 14.3. 69.7 % 1 Apr 2024 United States