Military expenditure in dollars — all countries

Military expenditure in dollars — Jamaica

Military expenditure in dollars in Jamaica in 2024 — 262,511,270 US$. Ranked 112 in the world out of 151. Since 1976, the indicator has risen by 856.5%.

2024 263M US$ +13.96% vs 2023
World rank 112of 151
Period maximum 266M US$2019
Period minimum 18.71M US$1985

Trend over time

1976–2024 · US$

Military expenditure in dollars — Jamaica, 1976–20240100M200M300M197619811986199119962001200620112016202120241976: 27,445,027 US$1977: 30,580,031 US$1981: 44,922,028 US$1982: 53,608,919 US$1983: 50,162,507 US$1984: 25,153,444 US$1985: 18,714,379 US$1986: 23,522,088 US$1987: 25,325,015 US$1988: 30,932,578 US$1989: 40,933,810 US$1990: 38,609,945 US$1991: 31,891,977 US$1992: 47,192,328 US$1993: 44,542,580 US$1994: 34,218,504 US$1995: 35,298,830 US$1996: 41,791,264 US$1997: 54,854,609 US$1998: 47,640,219 US$1999: 45,131,072 US$2000: 43,566,232 US$2001: 46,374,382 US$2002: 56,898,147 US$2003: 54,845,872 US$2004: 54,533,132 US$2005: 59,329,776 US$2006: 72,645,523 US$2007: 83,511,942 US$2008: 130,699,171 US$2009: 114,808,332 US$2010: 115,571,396 US$2011: 133,638,560 US$2012: 137,635,506 US$2013: 128,431,323 US$2014: 121,310,244 US$2015: 123,854,136 US$2016: 137,649,062 US$2017: 143,545,555 US$2018: 209,675,821 US$2019: 266,015,075 US$2020: 236,865,672 US$2021: 217,577,299 US$2022: 220,530,651 US$2023: 230,360,218 US$2024: 262,511,270 US$
Change over the period: +235M (+856.5%) Average annual rate: 4.82 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Jamaica

Jamaica 263M US$
World 2.65T US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Jamaica, by year Jamaica All countries CSV XLSX
Year US$ Change Change, %
2024 263M +32.15M +13.96%
2023 230M +9.83M +4.46%
2022 221M +2.95M +1.36%
2021 218M −19.29M −8.14%
2020 237M −29.15M −10.96%
2019 266M +56.34M +26.87%
2018 210M +66.13M +46.07%
2017 144M +5.9M +4.28%
2016 138M +13.79M +11.14%
2015 124M +2.54M +2.1%
2014 121M −7.12M −5.54%
2013 128M −9.2M −6.69%
2012 138M +4M +2.99%
2011 134M +18.07M +15.63%
2010 116M +763,064 +0.66%
2009 115M −15.89M −12.16%
2008 131M +47.19M +56.5%
2007 83.51M +10.87M +14.96%
2006 72.65M +13.32M +22.44%
2005 59.33M +4.8M +8.8%
2004 54.53M −312,740 −0.57%
2003 54.85M −2.05M −3.61%
2002 56.9M +10.52M +22.69%
2001 46.37M +2.81M +6.45%
2000 43.57M −1.56M −3.47%
1999 45.13M −2.51M −5.27%
1998 47.64M −7.21M −13.15%
1997 54.85M +13.06M +31.26%
1996 41.79M +6.49M +18.39%
1995 35.3M +1.08M +3.16%
1994 34.22M −10.32M −23.18%
1993 44.54M −2.65M −5.61%
1992 47.19M +15.3M +47.98%
1991 31.89M −6.72M −17.4%
1990 38.61M −2.32M −5.68%
1989 40.93M +10M +32.33%
1988 30.93M +5.61M +22.14%
1987 25.33M +1.8M +7.66%
1986 23.52M +4.81M +25.69%
1985 18.71M −6.44M −25.6%
1984 25.15M −25.01M −49.86%
1983 50.16M −3.45M −6.43%
1982 53.61M +8.69M +19.34%
1981 44.92M
1977 30.58M +3.14M +11.42%
1976 27.45M

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.