Jamaica: Military expenditure (% of GDP)
In , Jamaica's Military expenditure (% of GDP) was 1.27.
That's up 7.4% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Jamaica ranks #94 globally out of 147 reporting countries. Within Latin America & Caribbean, it ranks #7 of 20.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 1.71
- Trough
- 0.53
- 1-year change
- +7.4%
- 5-year change
- -24.2%
- -5.4% / yr
- 10-year change
- +46.0%
- +3.9% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 1.2739 | |
| 1.1860 | |
| 1.2900 | |
| 1.4668 | |
| 1.7065 | |
| 1.6815 | |
| 1.3328 | |
| 0.9734 | |
| 0.9548 | |
| 0.8724 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Jamaica's Military expenditure (% of GDP) in 2024?
- In 2024, Jamaica's Military expenditure (% of GDP) was 1.27, according to World Bank Open Data.
- Is Jamaica's Military expenditure (% of GDP) rising or falling?
- Jamaica's Military expenditure (% of GDP) rose 7.4% from 2023 to 2024.
- How does Jamaica rank globally on Military expenditure (% of GDP)?
- In 2024, Jamaica ranked #94 out of 147 countries reporting Military expenditure (% of GDP).
- How does Jamaica's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Jamaica is below the world average. Within Latin America & Caribbean, it ranks #7 of 20.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.