Military spending, per unit of GDP in Jamaica

Jamaica: Military spending, per unit of GDP was 0.013 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.013 constant 2022 US$ per US$ of GDP
Change on year
down 9.5%
World rank
117th
of 170 countries
All-time high
0.0363 constant 2022 US$ per US$ of GDP
in 1964
All-time low
0.0068 constant 2022 US$ per US$ of GDP
in 2005
Years of data
62
1962–2023

Military spending, per unit of GDP in Jamaica, 1962–2023

0.010.020.030.04196219922023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Jamaica is 0.013 constant 2022 US$ per US$ of GDP, measured in 2023.

That represents a change of down 9.5% on the previous year and up 21.9% over ten years.

Over the whole period, military spending, per unit of gdp in Jamaica peaked at 0.0363 constant 2022 US$ per US$ of GDP in 1964 and was at its lowest, 0.0068 constant 2022 US$ per US$ of GDP, in 2005.

Jamaica ranks 117th of 170 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, per unit of GDP in Jamaica, year by year

Annual values for Military spending, per unit of GDP in Jamaica, 1962 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1962 0.0124 constant 2022 US$ per US$ of GDP
1963 0.0347 constant 2022 US$ per US$ of GDP +180.1%
1964 0.0363 constant 2022 US$ per US$ of GDP +4.8%
1965 0.0363 constant 2022 US$ per US$ of GDP -0.0%
1966 0.0309 constant 2022 US$ per US$ of GDP -14.9%
1967 0.0315 constant 2022 US$ per US$ of GDP +1.8%
1968 0.0315 constant 2022 US$ per US$ of GDP +0.2%
1969 0.0263 constant 2022 US$ per US$ of GDP -16.6%
1970 0.0271 constant 2022 US$ per US$ of GDP +2.9%
1971 0.0278 constant 2022 US$ per US$ of GDP +2.5%
1972 0.0257 constant 2022 US$ per US$ of GDP -7.3%
1973 0.0317 constant 2022 US$ per US$ of GDP +23.2%
1974 0.0257 constant 2022 US$ per US$ of GDP -18.8%
1975 0.0238 constant 2022 US$ per US$ of GDP -7.6%
1976 0.028 constant 2022 US$ per US$ of GDP +17.6%
1977 0.0263 constant 2022 US$ per US$ of GDP -5.8%
1978 0.0298 constant 2022 US$ per US$ of GDP +13.0%
1979 0.0305 constant 2022 US$ per US$ of GDP +2.3%
1980 0.0265 constant 2022 US$ per US$ of GDP -13.1%
1981 0.027 constant 2022 US$ per US$ of GDP +1.9%
1982 0.0273 constant 2022 US$ per US$ of GDP +1.1%
1983 0.0226 constant 2022 US$ per US$ of GDP -17.1%
1984 0.0249 constant 2022 US$ per US$ of GDP +10.1%
1985 0.0242 constant 2022 US$ per US$ of GDP -2.6%
1986 0.0201 constant 2022 US$ per US$ of GDP -17.2%
1987 0.0171 constant 2022 US$ per US$ of GDP -14.7%
1988 0.0155 constant 2022 US$ per US$ of GDP -9.6%
1989 0.0137 constant 2022 US$ per US$ of GDP -11.8%
1990 0.0125 constant 2022 US$ per US$ of GDP -8.3%
1991 0.0123 constant 2022 US$ per US$ of GDP -2.1%
1992 0.0152 constant 2022 US$ per US$ of GDP +23.7%
1993 0.0107 constant 2022 US$ per US$ of GDP -29.1%
1994 0.0106 constant 2022 US$ per US$ of GDP -1.6%
1995 0.0085 constant 2022 US$ per US$ of GDP -19.3%
1996 0.0078 constant 2022 US$ per US$ of GDP -8.4%
1997 0.0083 constant 2022 US$ per US$ of GDP +6.3%
1998 0.0082 constant 2022 US$ per US$ of GDP -0.9%
1999 0.0083 constant 2022 US$ per US$ of GDP +0.8%
2000 0.0079 constant 2022 US$ per US$ of GDP -5.2%
2001 0.0082 constant 2022 US$ per US$ of GDP +4.0%
2002 0.0086 constant 2022 US$ per US$ of GDP +4.8%
2003 0.0081 constant 2022 US$ per US$ of GDP -5.4%
2004 0.0077 constant 2022 US$ per US$ of GDP -4.9%
2005 0.0068 constant 2022 US$ per US$ of GDP -11.5%
2006 0.0072 constant 2022 US$ per US$ of GDP +6.0%
2007 0.0091 constant 2022 US$ per US$ of GDP +25.5%
2008 0.0085 constant 2022 US$ per US$ of GDP -6.1%
2009 0.009 constant 2022 US$ per US$ of GDP +5.1%
2010 0.0096 constant 2022 US$ per US$ of GDP +7.5%
2011 0.0102 constant 2022 US$ per US$ of GDP +6.4%
2012 0.0106 constant 2022 US$ per US$ of GDP +3.3%
2013 0.0107 constant 2022 US$ per US$ of GDP +0.9%
2014 0.01 constant 2022 US$ per US$ of GDP -6.1%
2015 0.0095 constant 2022 US$ per US$ of GDP -5.2%
2016 0.0108 constant 2022 US$ per US$ of GDP +13.5%
2017 0.0119 constant 2022 US$ per US$ of GDP +10.4%
2018 0.0157 constant 2022 US$ per US$ of GDP +32.0%
2019 0.018 constant 2022 US$ per US$ of GDP +14.4%
2020 0.0195 constant 2022 US$ per US$ of GDP +8.6%
2021 0.0175 constant 2022 US$ per US$ of GDP -10.1%
2022 0.0144 constant 2022 US$ per US$ of GDP -18.0%
2023 0.013 constant 2022 US$ per US$ of GDP -9.5%

Jamaica compared with similar countries

  • Jamaica's 0.013 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 86% of the median. (49 countries reporting)
  • Jamaica's 0.013 constant 2022 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 1.1× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP 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 +180.1% 0.0124 constant 2022 US$ per US$ of GDP 0.0347 constant 2022 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.03 constant 2022 US$ per US$ of GDP 0.0124 constant 2022 US$ per US$ of GDP 0.0363 constant 2022 US$ per US$ of GDP 8
1970s 0.0276 constant 2022 US$ per US$ of GDP 0.0238 constant 2022 US$ per US$ of GDP 0.0317 constant 2022 US$ per US$ of GDP 10
1980s 0.0219 constant 2022 US$ per US$ of GDP 0.0137 constant 2022 US$ per US$ of GDP 0.0273 constant 2022 US$ per US$ of GDP 10
1990s 0.0102 constant 2022 US$ per US$ of GDP 0.0078 constant 2022 US$ per US$ of GDP 0.0152 constant 2022 US$ per US$ of GDP 10
2000s 0.0081 constant 2022 US$ per US$ of GDP 0.0068 constant 2022 US$ per US$ of GDP 0.0091 constant 2022 US$ per US$ of GDP 10
2010s 0.0117 constant 2022 US$ per US$ of GDP 0.0095 constant 2022 US$ per US$ of GDP 0.018 constant 2022 US$ per US$ of GDP 10
2020s 0.0161 constant 2022 US$ per US$ of GDP 0.013 constant 2022 US$ per US$ of GDP 0.0195 constant 2022 US$ per US$ of GDP 4

Countries ranked near Jamaica

  1. 114 Bhutan 0.0133 constant 2022 US$ per US$ of GDP compare
  2. 115 Peru 0.0133 constant 2022 US$ per US$ of GDP compare
  3. 116 Tanzania 0.0131 constant 2022 US$ per US$ of GDP compare
  4. 118 Belgium 0.013 constant 2022 US$ per US$ of GDP compare
  5. 119 Kenya 0.013 constant 2022 US$ per US$ of GDP compare
  6. 120 Trinidad and Tobago 0.0129 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Jamaica

All data for Jamaica →

Frequently asked questions

What is military spending, per unit of gdp in Jamaica?
Military spending, per unit of gdp in Jamaica was 0.013 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Jamaica?
The highest recorded value was 0.0363 constant 2022 US$ per US$ of GDP in 1964.
What is the lowest military spending, per unit of gdp recorded in Jamaica?
The lowest recorded value was 0.0068 constant 2022 US$ per US$ of GDP in 2005.
How does Jamaica rank for military spending, per unit of gdp?
Jamaica ranks 117th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Jamaica?
Over the last ten years it is up 21.9%. 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, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Jamaica. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/jamaica/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.