Adjusted savings: education expenditure (current US$), per unit of GDP in Jamaica
Jamaica: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0466 current US$ per US$ of GDP in 2021. ▲ Rising
Adjusted savings: education expenditure (current US$), per unit of GDP in Jamaica, 1970–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2021, adjusted savings: education expenditure (current us$), per unit of gdp in Jamaica stood at 0.0466 current US$ per US$ of GDP.
The figure is up 0.2% on the previous year and down 24.8% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Jamaica peaked at 0.068 current US$ per US$ of GDP in 1983 and was at its lowest, 0.0245 current US$ per US$ of GDP, in 1971.
Jamaica ranks 53rd of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure (current US$), per unit of GDP in Jamaica, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0247 current US$ per US$ of GDP | — |
| 1971 | 0.0245 current US$ per US$ of GDP | -0.7% |
| 1972 | 0.0305 current US$ per US$ of GDP | +24.3% |
| 1973 | 0.0305 current US$ per US$ of GDP | +0.2% |
| 1974 | 0.0399 current US$ per US$ of GDP | +30.9% |
| 1975 | 0.0443 current US$ per US$ of GDP | +11.0% |
| 1976 | 0.0449 current US$ per US$ of GDP | +1.2% |
| 1977 | 0.0515 current US$ per US$ of GDP | +14.7% |
| 1978 | 0.0548 current US$ per US$ of GDP | +6.5% |
| 1979 | 0.0539 current US$ per US$ of GDP | -1.6% |
| 1980 | 0.0639 current US$ per US$ of GDP | +18.4% |
| 1981 | 0.0624 current US$ per US$ of GDP | -2.3% |
| 1982 | 0.0665 current US$ per US$ of GDP | +6.5% |
| 1983 | 0.068 current US$ per US$ of GDP | +2.3% |
| 1984 | 0.0613 current US$ per US$ of GDP | -10.0% |
| 1985 | 0.0494 current US$ per US$ of GDP | -19.4% |
| 1986 | 0.044 current US$ per US$ of GDP | -10.8% |
| 1987 | 0.0412 current US$ per US$ of GDP | -6.4% |
| 1988 | 0.0374 current US$ per US$ of GDP | -9.2% |
| 1989 | 0.0414 current US$ per US$ of GDP | +10.7% |
| 1990 | 0.039 current US$ per US$ of GDP | -5.9% |
| 1991 | 0.0375 current US$ per US$ of GDP | -3.8% |
| 1992 | 0.0303 current US$ per US$ of GDP | -19.3% |
| 1993 | 0.0308 current US$ per US$ of GDP | +2.0% |
| 1994 | 0.0402 current US$ per US$ of GDP | +30.4% |
| 1995 | 0.033 current US$ per US$ of GDP | -17.9% |
| 1996 | 0.0388 current US$ per US$ of GDP | +17.4% |
| 1997 | 0.0454 current US$ per US$ of GDP | +17.0% |
| 1998 | 0.0597 current US$ per US$ of GDP | +31.6% |
| 1999 | 0.0567 current US$ per US$ of GDP | -5.0% |
| 2000 | 0.0538 current US$ per US$ of GDP | -5.2% |
| 2001 | 0.0505 current US$ per US$ of GDP | -6.1% |
| 2002 | 0.0488 current US$ per US$ of GDP | -3.4% |
| 2003 | 0.0401 current US$ per US$ of GDP | -17.7% |
| 2004 | 0.0376 current US$ per US$ of GDP | -6.2% |
| 2005 | 0.0446 current US$ per US$ of GDP | +18.7% |
| 2006 | 0.044 current US$ per US$ of GDP | -1.4% |
| 2007 | 0.043 current US$ per US$ of GDP | -2.4% |
| 2008 | 0.0584 current US$ per US$ of GDP | +35.9% |
| 2009 | 0.057 current US$ per US$ of GDP | -2.4% |
| 2010 | 0.06 current US$ per US$ of GDP | +5.3% |
| 2011 | 0.062 current US$ per US$ of GDP | +3.4% |
| 2012 | 0.0622 current US$ per US$ of GDP | +0.4% |
| 2013 | 0.0612 current US$ per US$ of GDP | -1.6% |
| 2014 | 0.0601 current US$ per US$ of GDP | -1.9% |
| 2015 | 0.0505 current US$ per US$ of GDP | -15.9% |
| 2016 | 0.0489 current US$ per US$ of GDP | -3.3% |
| 2017 | 0.048 current US$ per US$ of GDP | -1.8% |
| 2018 | 0.0495 current US$ per US$ of GDP | +3.3% |
| 2019 | 0.0472 current US$ per US$ of GDP | -4.7% |
| 2020 | 0.0465 current US$ per US$ of GDP | -1.5% |
| 2021 | 0.0466 current US$ per US$ of GDP | +0.2% |
Jamaica compared with similar countries
- Jamaica's 0.0466 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0376 current US$ per US$ of GDP, 1.2× the median. (55 countries reporting)
- Jamaica's 0.0466 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0403 current US$ per US$ of GDP, 1.2× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0399 current US$ per US$ of GDP | 0.0245 current US$ per US$ of GDP | 0.0548 current US$ per US$ of GDP | 10 |
| 1980s | 0.0535 current US$ per US$ of GDP | 0.0374 current US$ per US$ of GDP | 0.068 current US$ per US$ of GDP | 10 |
| 1990s | 0.0411 current US$ per US$ of GDP | 0.0303 current US$ per US$ of GDP | 0.0597 current US$ per US$ of GDP | 10 |
| 2000s | 0.0478 current US$ per US$ of GDP | 0.0376 current US$ per US$ of GDP | 0.0584 current US$ per US$ of GDP | 10 |
| 2010s | 0.055 current US$ per US$ of GDP | 0.0472 current US$ per US$ of GDP | 0.0622 current US$ per US$ of GDP | 10 |
| 2020s | 0.0466 current US$ per US$ of GDP | 0.0465 current US$ per US$ of GDP | 0.0466 current US$ per US$ of GDP | 2 |
Countries ranked near Jamaica
- 50 Cape Verde 0.0482 current US$ per US$ of GDP compare
- 51 Mauritius 0.048 current US$ per US$ of GDP compare
- 52 Estonia 0.0468 current US$ per US$ of GDP compare
- 54 Malawi 0.0463 current US$ per US$ of GDP compare
- 55 Cyprus 0.0459 current US$ per US$ of GDP compare
- 56 Germany 0.0459 current US$ per US$ of GDP compare
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.07 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.3763 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 305.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -38.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0139 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 107.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in Jamaica?
- Adjusted savings: education expenditure (current us$), per unit of gdp in Jamaica was 0.0466 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Jamaica?
- The highest recorded value was 0.068 current US$ per US$ of GDP in 1983.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Jamaica?
- The lowest recorded value was 0.0245 current US$ per US$ of GDP in 1971.
- How does Jamaica rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- Jamaica ranks 53rd out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Jamaica?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.