Total Expenditure (central government) — Value Standard Local Currency in Jamaica
Jamaica: Total Expenditure (central government) — Value Standard Local Currency was 1.39 million million SLC in 2024. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Jamaica, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Jamaica recorded 1.39 million million SLC for total expenditure (central government) — value standard local currency in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 35.7% on the previous year and up 222.4% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Jamaica peaked at 1.39 million million SLC in 2024 and was at its lowest, 123,577 million SLC, in 2001.
Jamaica ranks 58th of 174 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.
Total Expenditure (central government) — Value Standard Local Currency in Jamaica, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 123,577 million SLC | — |
| 2002 | 145,944 million SLC | +18.1% |
| 2003 | 178,732 million SLC | +22.5% |
| 2004 | 201,575 million SLC | +12.8% |
| 2005 | 210,056 million SLC | +4.2% |
| 2006 | 250,297 million SLC | +19.2% |
| 2007 | 293,453 million SLC | +17.2% |
| 2008 | 361,237 million SLC | +23.1% |
| 2009 | 420,566 million SLC | +16.4% |
| 2010 | 392,918 million SLC | -6.6% |
| 2011 | 406,957 million SLC | +3.6% |
| 2012 | 403,578 million SLC | -0.8% |
| 2013 | 397,879 million SLC | -1.4% |
| 2014 | 429,860 million SLC | +8.0% |
| 2015 | 463,287 million SLC | +7.8% |
| 2016 | 506,749 million SLC | +9.4% |
| 2017 | 561,757 million SLC | +10.9% |
| 2018 | 604,598 million SLC | +7.6% |
| 2019 | 630,354 million SLC | +4.3% |
| 2020 | 660,226 million SLC | +4.7% |
| 2021 | 819,768 million SLC | +24.2% |
| 2022 | 912,003 million SLC | +11.3% |
| 2023 | 1.02 million million SLC | +12.0% |
| 2024 | 1.39 million million SLC | +35.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 242,826 million SLC | 123,577 million SLC | 420,566 million SLC | 9 |
| 2010s | 479,794 million SLC | 392,918 million SLC | 630,354 million SLC | 10 |
| 2020s | 959,937 million SLC | 660,226 million SLC | 1.39 million million SLC | 5 |
Countries ranked near Jamaica
- 55 Congo 1.56 million million SLC compare
- 56 Dominican Republic 1.45 million million SLC compare
- 57 South Africa 1.39 million million SLC compare
- 59 Saudi Arabia 1.37 million million SLC compare
- 60 Equatorial Guinea 1.24 million million SLC compare
- 61 United Kingdom of Great Britain and Northern Ireland 1.23 million million SLC 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)
- Industry (including construction), value added (constant 2015 US$) 0.145 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.128 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,025 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.1449 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 14.98 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 119,857 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 2.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5984 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Jamaica?
- Total expenditure (central government) — value standard local currency in Jamaica was 1.39 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Jamaica?
- The highest recorded value was 1.39 million million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Jamaica?
- The lowest recorded value was 123,577 million SLC in 2001.
- How does Jamaica rank for total expenditure (central government) — value standard local currency?
- Jamaica ranks 58th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Jamaica?
- Over the last ten years it is up 222.4%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.