The purpose of this study was to evaluate growth, chlorophyll content, and photosynthesis in Jatropha at different levels of soil moisture. Plants were cultivated in containers and the treatments of the soil water content evaluated were: 0% (without watering), 20, 40, 60, and 80% soil water content. Plant height was statistically similar for all treatments, but the number of leaves differed significantly. Total dry matter and chlorophyll at 40, 60, and 80% soil water content were statistically similar, but different from 0 and 20% soil water content. Leaf area at 40, 60, and 80% soil water content was statistically different from 0 and 20% soil water content. The photosynthetic rate, transpiration and stomatal conductance at 60 and 80% soil water content were statistically similar but different from 0 and 20% soil water content. Water stress affected growth, chlorophyll content, photosynthetic rate, transpiration, and stomatal conductance.