Military spending in Jamaica

Jamaica: Military spending was 278.59 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
278.59 million constant 2022 US$
Change on year
up 3.1%
World rank
130th
of 172 countries
All-time high
305.83 million constant 2022 US$
in 2019
All-time low
9.63 million constant 2022 US$
in 1962
Years of data
62
1962–2023

Military spending in Jamaica, 1962–2023

0100.0M200.0M300.0M196219922023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

Jamaica recorded 278.59 million constant 2022 US$ for military spending in 2023.

That represents a change of up 3.1% on the previous year and up 83.1% over ten years.

Over the whole period, military spending in Jamaica peaked at 305.83 million constant 2022 US$ in 2019 and was at its lowest, 9.63 million constant 2022 US$, in 1962.

That places Jamaica 130th out of 172 countries with data for 2023, putting it in the bottom quarter.

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

Military spending in Jamaica, year by year

Annual values for Military spending in Jamaica, 1962 to 2023.
Year constant 2022 US$ Change
1962 9.63 million constant 2022 US$
1963 28.67 million constant 2022 US$ +197.8%
1964 32.63 million constant 2022 US$ +13.8%
1965 35.33 million constant 2022 US$ +8.2%
1966 33.90 million constant 2022 US$ -4.0%
1967 36.14 million constant 2022 US$ +6.6%
1968 34.17 million constant 2022 US$ -5.4%
1969 31.34 million constant 2022 US$ -8.3%
1970 38.04 million constant 2022 US$ +21.4%
1971 42.74 million constant 2022 US$ +12.4%
1972 48.27 million constant 2022 US$ +12.9%
1973 60.44 million constant 2022 US$ +25.2%
1974 61.12 million constant 2022 US$ +1.1%
1975 68.02 million constant 2022 US$ +11.3%
1976 82.94 million constant 2022 US$ +21.9%
1977 85.59 million constant 2022 US$ +3.2%
1978 78.73 million constant 2022 US$ -8.0%
1979 73.85 million constant 2022 US$ -6.2%
1980 70.92 million constant 2022 US$ -4.0%
1981 80.37 million constant 2022 US$ +13.3%
1982 89.85 million constant 2022 US$ +11.8%
1983 81.85 million constant 2022 US$ -8.9%
1984 59.08 million constant 2022 US$ -27.8%
1985 50.93 million constant 2022 US$ -13.8%
1986 55.29 million constant 2022 US$ +8.6%
1987 56.28 million constant 2022 US$ +1.8%
1988 59.27 million constant 2022 US$ +5.3%
1989 60.14 million constant 2022 US$ +1.5%
1990 57.48 million constant 2022 US$ -4.4%
1991 50.31 million constant 2022 US$ -12.5%
1992 53.57 million constant 2022 US$ +6.5%
1993 58.46 million constant 2022 US$ +9.1%
1994 57.64 million constant 2022 US$ -1.4%
1995 56.10 million constant 2022 US$ -2.7%
1996 57.79 million constant 2022 US$ +3.0%
1997 69.79 million constant 2022 US$ +20.8%
1998 72.35 million constant 2022 US$ +3.7%
1999 73.73 million constant 2022 US$ +1.9%
2000 70.81 million constant 2022 US$ -4.0%
2001 75.22 million constant 2022 US$ +6.2%
2002 83.35 million constant 2022 US$ +10.8%
2003 76.52 million constant 2022 US$ -8.2%
2004 78.47 million constant 2022 US$ +2.6%
2005 76.73 million constant 2022 US$ -2.2%
2006 86.27 million constant 2022 US$ +12.4%
2007 116.16 million constant 2022 US$ +34.7%
2008 116.81 million constant 2022 US$ +0.6%
2009 108.51 million constant 2022 US$ -7.1%
2010 127.22 million constant 2022 US$ +17.2%
2011 147.94 million constant 2022 US$ +16.3%
2012 156.59 million constant 2022 US$ +5.8%
2013 152.18 million constant 2022 US$ -2.8%
2014 139.18 million constant 2022 US$ -8.5%
2015 142.11 million constant 2022 US$ +2.1%
2016 160.57 million constant 2022 US$ +13.0%
2017 187.79 million constant 2022 US$ +17.0%
2018 264.69 million constant 2022 US$ +40.9%
2019 305.83 million constant 2022 US$ +15.5%
2020 292.68 million constant 2022 US$ -4.3%
2021 279.90 million constant 2022 US$ -4.4%
2022 270.34 million constant 2022 US$ -3.4%
2023 278.59 million constant 2022 US$ +3.1%

Jamaica compared with similar countries

  • Jamaica's 278.59 million constant 2022 US$ is below the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 22% of the median. (49 countries reporting)
  • Jamaica's 278.59 million constant 2022 US$ is below the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 55% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending 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
1963 +197.8% 9.63 million constant 2022 US$ 28.67 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 30.23 million constant 2022 US$ 9.63 million constant 2022 US$ 36.14 million constant 2022 US$ 8
1970s 63.97 million constant 2022 US$ 38.04 million constant 2022 US$ 85.59 million constant 2022 US$ 10
1980s 66.40 million constant 2022 US$ 50.93 million constant 2022 US$ 89.85 million constant 2022 US$ 10
1990s 60.72 million constant 2022 US$ 50.31 million constant 2022 US$ 73.73 million constant 2022 US$ 10
2000s 88.89 million constant 2022 US$ 70.81 million constant 2022 US$ 116.81 million constant 2022 US$ 10
2010s 178.41 million constant 2022 US$ 127.22 million constant 2022 US$ 305.83 million constant 2022 US$ 10
2020s 280.38 million constant 2022 US$ 270.34 million constant 2022 US$ 292.68 million constant 2022 US$ 4

Countries ranked near Jamaica

  1. 127 Togo 314.46 million constant 2022 US$ compare
  2. 128 Lebanon 307.11 million constant 2022 US$ compare
  3. 129 Mauritania 293.81 million constant 2022 US$ compare
  4. 131 North Macedonia 276.30 million constant 2022 US$ compare
  5. 132 Bosnia and Herzegovina 230.14 million constant 2022 US$ compare
  6. 133 Rwanda 218.10 million constant 2022 US$ 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 in Jamaica?
Military spending in Jamaica was 278.59 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Jamaica?
The highest recorded value was 305.83 million constant 2022 US$ in 2019.
What is the lowest military spending recorded in Jamaica?
The lowest recorded value was 9.63 million constant 2022 US$ in 1962.
How does Jamaica rank for military spending?
Jamaica ranks 130th out of 172 countries with data for 2023.
Is military spending rising or falling in Jamaica?
Over the last ten years it is up 83.1%. The long-run trend across the full record is volatile.
Where does this Jamaica data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Jamaica. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/jamaica/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.