Military Expenditure in Jamaica increased to 201 USD Million in 2018 from 144 USD Million in 2017.

Military Expenditure in Jamaica averaged 96.19 USD Million from 1976 until 2018, reaching an all time high of 201 USD Million in 2018 and a record low of 60.80 USD Million in 1985. Jamaica Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Jamaica is expected to reach 170.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Military Expenditure is projected to trend around 170.00 USD Million in 2021 and 132.00 USD Million in 2022, according to our econometric models.

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Jamaica Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
201.00 144.00 201.00 60.80 1976 - 2018 USD Million Yearly
constant 2016 prices

Jamaica Government Last Previous Highest Lowest Unit
Government Debt to GDP 103.30 120.60 212.40 70.50 percent [+]
Government Budget 1.40 1.30 1.40 -6.72 percent of GDP [+]
Military Expenditure 201.00 144.00 201.00 60.80 USD Million [+]
Government Debt 2054365.00 2089632.00 2158846.00 1970612.00 USD Million [+]
Credit Rating 33.00 [+]