Military Expenditure in Jamaica decreased to 209.80 USD Million in 2021 from 236.90 USD Million in 2020. source: SIPRI
Military Expenditure in Jamaica averaged 80.77 USD Million from 1976 until 2021, reaching an all time high of 266 USD Million in 2019 and a record low of 18.70 USD Million in 1985. Jamaica Military Expenditure - values, historical data and charts - was last updated on January of 2023.
Military Expenditure in Jamaica is expected to reach 200.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Military Expenditure is projected to trend around 220.00 USD Million in 2023, according to our econometric models.