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Jamaica Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

27.47% +3.49% (+14.5%)
Year 2020 Rank #61 Global Peak 36.33% (2009) Source World Bank

Jamaica Government Spending (1988–2020)

Overview

Jamaica's government spending stood at 27.47% in 2020, a rise of +3.49% from 2019. Jamaica ranked 61st globally.

Data & projection

Year Government Spending YoY change Rank
2020 27.47% +3.49% #61
2019 23.98% −0.81% #64
2018 24.79% −0.23% #72
2017 25.02% +0.26% #73
2016 24.76% +0.30% #66
2015 24.45% −1.23% #68
2014 25.68% +0.66% #71
2013 25.02% −2.49% #64
2012 27.51% −0.69% #77
2011 28.20% −0.70% #78
2010 28.90% −7.43% #77
2009 36.33% +5.24% #88
2008 31.09% +2.54% #77
2007 28.55% −0.07% #64
2006 28.62% +1.17% #63
Show all years (1988-2020)

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 10.3% Real rate -1.1%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Jamaica matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Jamaica's government spending?

Jamaica's government spending was 27.47% in 2020. Ranked 61st globally. This represents a 14.5% increase from the previous year.

What was the highest government spending in Jamaica?

Jamaica's government spending peaked at 36.33% in 2009.

What was the lowest government spending in Jamaica?

The lowest government spending in Jamaica was 18.69% in 1993.

How does Jamaica rank in government spending?

Jamaica ranks 61st globally in government spending as of 2020.

What is the World Bank indicator code for government spending?

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the government spending of Jamaica in 2020?

The government spending of Jamaica in 2020 was 27.47%. This ranks 61st in the world.

Cite this page

APA
Jamaica Government Spending. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/jamaica/government-spending
BibTeX
@misc{historysaid_jamaica_government-spending, title = {Jamaica Government Spending}, url = {https://historysaid.com/jamaica/government-spending}, publisher = {HistorySaid}, year = {2026} }