Military spending, annual growth rate in Jamaica

Jamaica: Military spending, annual growth rate was 3.05 % change on previous year in 2023. ◆ Volatile

Latest (2023)
3.05 % change on previous year
Change on year
up 189.3%
World rank
118th
of 172 countries
All-time high
197.76 % change on previous year
in 1963
All-time low
-27.82 % change on previous year
in 1984
Years of data
61
1963–2023

Military spending, annual growth rate in Jamaica, 1963–2023

-50050100150200196319932023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Jamaica recorded 3.05 % change on previous year for military spending, annual growth rate in 2023.

That represents a change of up 189.3% on the previous year and up 208.5% over ten years.

Over the whole period, military spending, annual growth rate in Jamaica peaked at 197.76 % change on previous year in 1963 and was at its lowest, -27.82 % change on previous year, in 1984.

Jamaica ranks 118th of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Jamaica, year by year

Annual values for Military spending, annual growth rate in Jamaica, 1963 to 2023.
Year % change on previous year Change
1963 197.76 % change on previous year
1964 13.82 % change on previous year -93.0%
1965 8.25 % change on previous year -40.3%
1966 -4.03 % change on previous year -148.8%
1967 6.59 % change on previous year -263.7%
1968 -5.44 % change on previous year -182.5%
1969 -8.29 % change on previous year +52.5%
1970 21.37 % change on previous year -357.8%
1971 12.36 % change on previous year -42.2%
1972 12.94 % change on previous year +4.7%
1973 25.21 % change on previous year +94.8%
1974 1.13 % change on previous year -95.5%
1975 11.3 % change on previous year +900.2%
1976 21.93 % change on previous year +94.1%
1977 3.19 % change on previous year -85.5%
1978 -8.02 % change on previous year -351.5%
1979 -6.19 % change on previous year -22.7%
1980 -3.96 % change on previous year -36.0%
1981 13.32 % change on previous year -436.1%
1982 11.8 % change on previous year -11.4%
1983 -8.91 % change on previous year -175.5%
1984 -27.82 % change on previous year +212.3%
1985 -13.79 % change on previous year -50.4%
1986 8.57 % change on previous year -162.2%
1987 1.79 % change on previous year -79.1%
1988 5.3 % change on previous year +196.2%
1989 1.47 % change on previous year -72.3%
1990 -4.43 % change on previous year -401.6%
1991 -12.47 % change on previous year +181.6%
1992 6.47 % change on previous year -151.9%
1993 9.13 % change on previous year +41.0%
1994 -1.39 % change on previous year -115.2%
1995 -2.67 % change on previous year +92.0%
1996 3.01 % change on previous year -212.7%
1997 20.76 % change on previous year +590.0%
1998 3.67 % change on previous year -82.3%
1999 1.91 % change on previous year -47.9%
2000 -3.96 % change on previous year -307.1%
2001 6.22 % change on previous year -257.0%
2002 10.82 % change on previous year +74.0%
2003 -8.2 % change on previous year -175.8%
2004 2.55 % change on previous year -131.2%
2005 -2.22 % change on previous year -186.9%
2006 12.43 % change on previous year -659.8%
2007 34.65 % change on previous year +178.8%
2008 0.5535 % change on previous year -98.4%
2009 -7.1 % change on previous year -1382.9%
2010 17.24 % change on previous year -342.8%
2011 16.29 % change on previous year -5.5%
2012 5.84 % change on previous year -64.1%
2013 -2.81 % change on previous year -148.2%
2014 -8.55 % change on previous year +203.7%
2015 2.11 % change on previous year -124.6%
2016 12.99 % change on previous year +517.2%
2017 16.95 % change on previous year +30.5%
2018 40.95 % change on previous year +141.5%
2019 15.54 % change on previous year -62.0%
2020 -4.3 % change on previous year -127.7%
2021 -4.36 % change on previous year +1.4%
2022 -3.42 % change on previous year -21.7%
2023 3.05 % change on previous year -189.3%

Jamaica compared with similar countries

  • Jamaica's 3.05 % change on previous year is below the median for upper middle income countries, which is 5.16 % change on previous year, 59% of the median. (49 countries reporting)
  • Jamaica's 3.05 % change on previous year is below the median for Latin America & Caribbean, which is 4.34 % change on previous year, 70% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2009 -1382.9% 0.5535 % change on previous year -7.1 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 29.81 % change on previous year -8.29 % change on previous year 197.76 % change on previous year 7
1970s 9.52 % change on previous year -8.02 % change on previous year 25.21 % change on previous year 10
1980s -1.22 % change on previous year -27.82 % change on previous year 13.32 % change on previous year 10
1990s 2.4 % change on previous year -12.47 % change on previous year 20.76 % change on previous year 10
2000s 4.57 % change on previous year -8.2 % change on previous year 34.65 % change on previous year 10
2010s 11.66 % change on previous year -8.55 % change on previous year 40.95 % change on previous year 10
2020s -2.26 % change on previous year -4.36 % change on previous year 3.05 % change on previous year 4

Countries ranked near Jamaica

  1. 115 Sweden 3.3 % change on previous year compare
  2. 116 New Zealand 3.25 % change on previous year compare
  3. 117 Congo 3.19 % change on previous year compare
  4. 119 Trinidad and Tobago 2.96 % change on previous year compare
  5. 120 Serbia 2.81 % change on previous year compare
  6. 121 Botswana 2.8 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Jamaica

All data for Jamaica →

Frequently asked questions

What is military spending, annual growth rate in Jamaica?
Military spending, annual growth rate in Jamaica was 3.05 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Jamaica?
The highest recorded value was 197.76 % change on previous year in 1963.
What is the lowest military spending, annual growth rate recorded in Jamaica?
The lowest recorded value was -27.82 % change on previous year in 1984.
How does Jamaica rank for military spending, annual growth rate?
Jamaica ranks 118th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Jamaica?
Over the last ten years it is up 208.5%. The long-run trend across the full record is volatile.
Where does this Jamaica data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/jamaica/

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<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/jamaica/">Military spending, annual growth rate in Jamaica</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.