Jamaica JM: Military Expenditure

1976 - 2016 | Yearly | JMD mn | World Bank

Jamaica JM: Military Expenditure data was reported at 16,816.975 JMD mn in 2017. This records an increase from the previous number of 16,814.350 JMD mn for 2016. Jamaica JM: Military Expenditure data is updated yearly, averaging 1,762.075 JMD mn from Dec 1976 to 2017, with 39 observations. The data reached an all-time high of 16,816.975 JMD mn in 2017 and a record low of 24.950 JMD mn in 1976. Jamaica JM: Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; ; Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

View Jamaica's Jamaica JM: Military Expenditure from 1976 to 2016 in the chart:

Jamaica Jamaica JM: Military Expenditure

What was Jamaica's Jamaica JM: Military Expenditure in 2016?

Last Previous Min Max Unit Frequency Range
14,459.38 2016 13,825.83 2015 24.95 1976 14,459.38 2016 JMD mn yearly 1976 - 2016

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 14,751.510 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 7,621.283 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 1.600 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (JMD bn) 1,158.660 2029 yearly 1991 - 2029
Forecast: Government Net Debt (JMD bn) 2,231.190 2029 yearly 2000 - 2029
Forecast: Government Revenue (JMD bn) 1,215.680 2029 yearly 1991 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 2.762 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 8.375 2021 yearly 1980 - 2021
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 5.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.511 2028 yearly 1980 - 2028

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