Military Expenditure in Jamaica increased to 201 USD Million in 2018 from 144 USD Million in 2017.
Military Expenditure in Jamaica averaged 96.19 USD Million from 1976 until 2018, reaching an all time high of 201 USD Million in 2018 and a record low of 60.80 USD Million in 1985. Jamaica Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI
Military Expenditure in Jamaica is expected to reach 170.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Military Expenditure is projected to trend around 170.00 USD Million in 2021 and 132.00 USD Million in 2022, according to our econometric models.