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Jamaica Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

1.04% −0.23% (-18.3%)
Year 2025 Rank #107 Global Peak 1.71% (2020) Source World Bank

Jamaica Military Spending (1976–2025)

Overview

Jamaica's military spending stood at 1.04% in 2025, a decline of +0.23% from 2024. Based on recent trends, this figure is projected to reach 1.04% by 2025. Jamaica ranked 107th globally.

Data & projection

Year Military Spending YoY change Rank
2027* trend 0.81% - -
2026* trend 0.93% - -
2025* trend 1.04% - -
2025 1.04% −0.23% #107
2024 1.27% +0.09% #53
2023 1.19% −0.10% #46
2022 1.29% −0.18% #55
2021 1.47% −0.24% #74
2020 1.71% +0.02% #82
2019 1.68% +0.35% #88
2018 1.33% +0.36% #71
2017 0.97% +0.02% #39
2016 0.95% +0.08% #34
2015 0.87% −0.00% #27
2014 0.87% −0.03% #28
2013 0.90% −0.03% #32
2012 0.93% +0.00% #33
2011 0.93% +0.05% #34
Show all years (1976-2025)
* Linear trend extrapolation

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 military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Jamaica's military spending?

Jamaica's military spending was 1.04% in 2025. Ranked 107th globally. This represents a 18.3% decrease from the previous year.

What was the highest military spending in Jamaica?

Jamaica's military spending peaked at 1.71% in 2020.

What was the lowest military spending in Jamaica?

The lowest military spending in Jamaica was 0.49% in 2000.

How does Jamaica rank in military spending?

Jamaica ranks 107th globally in military spending as of 2025.

What is the World Bank indicator code for military spending?

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Jamaica in 2025?

Jamaica's military spending is projected to reach 1.04% by 2025 based on trend extrapolation.

What is the military spending of Jamaica in 2025?

The military spending of Jamaica in 2025 was 1.04%. This ranks 107th in the world.

Cite this page

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