Q:

What are the economic activities in Jamaica?

A:

Quick Answer

The main economic activities in Jamaica are tourism and bauxite mining. The Jamaican economy is highly service based, has few exports and has an agricultural sector that employs a limited portion of the population. Remittances also make up a significant percentage of Jamaica's GDP.

Continue Reading

Full Answer

Tourism and remittances are tied as the two most important factors of the Jamaican economy. According to Wikipedia, most tourism is concentrated on the island's northern coast in the communities of Port Antonio, Ocho Rios and Montego Bay. Tourists are attracted to the beaches and favorable climate.

Throughout the latter half of the 20th Century, bauxite mining has been a very important economic activity. However, Countrystudies.us reports that bauxite extraction declined dramatically in the 1980s and has not completely recovered. Revenue related to the mining and distribution of bauxite and alumina comprise approximately five percent of GDP.

According to the CIA World Factbook, about 17 percent of Jamaicans engage in agriculture. The agriculture sector makes up 6 percent of GDP. Common crops include sugarcane, bananas, coffee, citrus and yams. Jamaican industry constitutes 30 percent of GDP and employs 19 percent of the national work force. Some of the country's key industries are metal, cement, paper, chemical products, agro-processing and telecommunications.

Learn more about Economics

Related Questions

Explore