Expense in Jamaica
Jamaica: Expense was 586.73 billion current LCU in 2020. ◆ Volatile
Expense in Jamaica, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Jamaica is 586.73 billion current LCU, measured in 2020. That is the highest value across all 33 years on record.
That represents a change of up 7.8% on the previous year and up 76.1% over ten years.
Over the whole period, expense in Jamaica peaked at 586.73 billion current LCU in 2020 and was at its lowest, 5.14 billion current LCU, in 1988.
Jamaica ranks 70th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Jamaica, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | 5.14 billion current LCU | — |
| 1989 | 6.14 billion current LCU | +19.5% |
| 1990 | 7.47 billion current LCU | +21.7% |
| 1991 | 10.64 billion current LCU | +42.4% |
| 1992 | 16.32 billion current LCU | +53.4% |
| 1993 | 25.37 billion current LCU | +55.4% |
| 1994 | 34.45 billion current LCU | +35.8% |
| 1995 | 44.44 billion current LCU | +29.0% |
| 1996 | 64.23 billion current LCU | +44.5% |
| 1997 | 72.11 billion current LCU | +12.3% |
| 1998 | 84.74 billion current LCU | +17.5% |
| 1999 | 93.17 billion current LCU | +9.9% |
| 2000 | 95.78 billion current LCU | +2.8% |
| 2001 | 113.67 billion current LCU | +18.7% |
| 2002 | 141.08 billion current LCU | +24.1% |
| 2003 | 173.25 billion current LCU | +22.8% |
| 2004 | 188.38 billion current LCU | +8.7% |
| 2005 | 192.25 billion current LCU | +2.1% |
| 2006 | 224.50 billion current LCU | +16.8% |
| 2007 | 252.88 billion current LCU | +12.6% |
| 2008 | 310.15 billion current LCU | +22.6% |
| 2009 | 387.04 billion current LCU | +24.8% |
| 2010 | 333.17 billion current LCU | -13.9% |
| 2011 | 349.89 billion current LCU | +5.0% |
| 2012 | 361.52 billion current LCU | +3.3% |
| 2013 | 358.25 billion current LCU | -0.9% |
| 2014 | 395.97 billion current LCU | +10.5% |
| 2015 | 427.97 billion current LCU | +8.1% |
| 2016 | 461.40 billion current LCU | +7.8% |
| 2017 | 505.24 billion current LCU | +9.5% |
| 2018 | 538.39 billion current LCU | +6.6% |
| 2019 | 544.28 billion current LCU | +1.1% |
| 2020 | 586.73 billion current LCU | +7.8% |
Jamaica compared with similar countries
- Jamaica's 586.73 billion current LCU is above the median for upper middle income countries, which is 310.25 billion current LCU, 1.9× the median. (47 countries reporting)
- Jamaica's 586.73 billion current LCU is above the median for Latin America & Caribbean, which is 110.36 billion current LCU, 5.3× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.64 billion current LCU | 5.14 billion current LCU | 6.14 billion current LCU | 2 |
| 1990s | 45.29 billion current LCU | 7.47 billion current LCU | 93.17 billion current LCU | 10 |
| 2000s | 207.90 billion current LCU | 95.78 billion current LCU | 387.04 billion current LCU | 10 |
| 2010s | 427.61 billion current LCU | 333.17 billion current LCU | 544.28 billion current LCU | 10 |
| 2020s | 586.73 billion current LCU | 586.73 billion current LCU | 586.73 billion current LCU | 1 |
Countries ranked near Jamaica
More public sector data for Jamaica
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Jamaica?
- Expense in Jamaica was 586.73 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Jamaica?
- The highest recorded value was 586.73 billion current LCU in 2020.
- What is the lowest expense recorded in Jamaica?
- The lowest recorded value was 5.14 billion current LCU in 1988.
- How does Jamaica rank for expense?
- Jamaica ranks 70th out of 157 countries with data for 2020.
- Is expense rising or falling in Jamaica?
- Over the last ten years it is up 76.1%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.