Adjusted savings: education expenditure in Jamaica
Jamaica: Adjusted savings: education expenditure was 743.93 million current US$ in 2021. ◆ Volatile
Latest (2021)
743.93 million current US$
Change on year
up 6.6%
World rank
117th
of 195 countries
All-time high
921.73 million current US$
in 2012
All-time low
34.64 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in Jamaica, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Jamaica stood at 743.93 million current US$.
That represents a change of up 6.6% on the previous year and down 16.9% over ten years.
Over the whole period, adjusted savings: education expenditure in Jamaica peaked at 921.73 million current US$ in 2012 and was at its lowest, 34.64 million current US$, in 1970.
That places Jamaica 117th out of 195 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Jamaica, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 34.64 million current US$ | — |
| 1971 | 37.72 million current US$ | +8.9% |
| 1972 | 57.11 million current US$ | +51.4% |
| 1973 | 58.14 million current US$ | +1.8% |
| 1974 | 94.85 million current US$ | +63.1% |
| 1975 | 126.81 million current US$ | +33.7% |
| 1976 | 133.07 million current US$ | +4.9% |
| 1977 | 167.28 million current US$ | +25.7% |
| 1978 | 144.93 million current US$ | -13.4% |
| 1979 | 130.80 million current US$ | -9.7% |
| 1980 | 171.09 million current US$ | +30.8% |
| 1981 | 185.91 million current US$ | +8.7% |
| 1982 | 218.93 million current US$ | +17.8% |
| 1983 | 246.24 million current US$ | +12.5% |
| 1984 | 145.40 million current US$ | -41.0% |
| 1985 | 103.65 million current US$ | -28.7% |
| 1986 | 121.22 million current US$ | +16.9% |
| 1987 | 135.41 million current US$ | +11.7% |
| 1988 | 143.22 million current US$ | +5.8% |
| 1989 | 182.47 million current US$ | +27.4% |
| 1990 | 178.98 million current US$ | -1.9% |
| 1991 | 154.03 million current US$ | -13.9% |
| 1992 | 106.97 million current US$ | -30.6% |
| 1993 | 167.81 million current US$ | +56.9% |
| 1994 | 219.32 million current US$ | +30.7% |
| 1995 | 217.24 million current US$ | -1.0% |
| 1996 | 286.77 million current US$ | +32.0% |
| 1997 | 381.08 million current US$ | +32.9% |
| 1998 | 524.51 million current US$ | +37.6% |
| 1999 | 503.92 million current US$ | -3.9% |
| 2000 | 484.28 million current US$ | -3.9% |
| 2001 | 464.12 million current US$ | -4.2% |
| 2002 | 473.91 million current US$ | +2.1% |
| 2003 | 378.27 million current US$ | -20.2% |
| 2004 | 382.73 million current US$ | +1.2% |
| 2005 | 501.96 million current US$ | +31.2% |
| 2006 | 525.00 million current US$ | +4.6% |
| 2007 | 549.85 million current US$ | +4.7% |
| 2008 | 800.29 million current US$ | +45.5% |
| 2009 | 690.59 million current US$ | -13.7% |
| 2010 | 792.83 million current US$ | +14.8% |
| 2011 | 895.46 million current US$ | +12.9% |
| 2012 | 921.73 million current US$ | +2.9% |
| 2013 | 873.45 million current US$ | -5.2% |
| 2014 | 835.09 million current US$ | -4.4% |
| 2015 | 755.96 million current US$ | -9.5% |
| 2016 | 728.16 million current US$ | -3.7% |
| 2017 | 757.27 million current US$ | +4.0% |
| 2018 | 834.98 million current US$ | +10.3% |
| 2019 | 804.04 million current US$ | -3.7% |
| 2020 | 697.91 million current US$ | -13.2% |
| 2021 | 743.93 million current US$ | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 98.53 million current US$ | 34.64 million current US$ | 167.28 million current US$ | 10 |
| 1980s | 165.35 million current US$ | 103.65 million current US$ | 246.24 million current US$ | 10 |
| 1990s | 274.06 million current US$ | 106.97 million current US$ | 524.51 million current US$ | 10 |
| 2000s | 525.10 million current US$ | 378.27 million current US$ | 800.29 million current US$ | 10 |
| 2010s | 819.90 million current US$ | 728.16 million current US$ | 921.73 million current US$ | 10 |
| 2020s | 720.92 million current US$ | 697.91 million current US$ | 743.93 million current US$ | 2 |
Countries ranked near Jamaica
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)
- GNI, Atlas method (current US$), annual growth rate 8.13 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9728 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 7,785 current US$ per person (2025)
- GNI (current US$), annual growth rate 3.39 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9847 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 7,880 current US$ per person (2025)
- GNI (current LCU), annual growth rate 5.15 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 156.66 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Jamaica?
- Adjusted savings: education expenditure in Jamaica was 743.93 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Jamaica?
- The highest recorded value was 921.73 million current US$ in 2012.
- What is the lowest adjusted savings: education expenditure recorded in Jamaica?
- The lowest recorded value was 34.64 million current US$ in 1970.
- How does Jamaica rank for adjusted savings: education expenditure?
- Jamaica ranks 117th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Jamaica?
- Over the last ten years it is down 16.9%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.