Education Spending: Jamaica
Jamaica's education spending is currently 5.514 % of GDP as of 2024. # Jamaica Education Spending Jamaica allocated 5.
Current (2024)
5.514 % of GDP
-2.5% y/y
Peak (2010)
6.371 % of GDP
Low (1993)
3.214 % of GDP
Source
World Bank World Development Indicators
1973–2024 · 41 pts
Education Spending — Jamaica
1973 — 2024
Education Spending — Jamaica
Analysis# Jamaica Education Spending
Jamaica allocated 5.514% of its GDP to education in 2024, representing a significant recovery from recent lows but still below its historical peak of 6.371% in 2010. Since 1973, education spending has grown 51.9%, climbing from a low of 3.214% during 1993's fiscal constraints. The current investment level demonstrates Jamaica's sustained commitment to the sector, though still shy of the early 2010s commitment.
The past decade reveals considerable volatility, with spending fluctuating between 5.164% (2019) and 5.655% (2023). A notable surge occurred in 2021 when spending reached 5.631%, likely reflecting pandemic-related educational priorities. Recent years show stabilization around the 5.3–5.6% range, suggesting Jamaica maintains education as a core fiscal priority despite competing budget demands.
Historical Data
41 Rows| Year | Value | Change % |
|---|---|---|
| 2024 | 5.514 % of GDP | -2.49% |
| 2023 | 5.655 % of GDP | +5.62% |
| 2022 | 5.354 % of GDP | -4.92% |
| 2021 | 5.631 % of GDP | +4.65% |
| 2020 | 5.381 % of GDP | +4.20% |
| 2019 | 5.164 % of GDP | -4.62% |
| 2018 | 5.414 % of GDP | +2.93% |
| 2017 | 5.26 % of GDP | -1.03% |
| 2016 | 5.315 % of GDP | -2.57% |
| 2015 | 5.455 % of GDP | -9.33% |
| 2014 | 6.016 % of GDP | -3.76% |
| 2013 | 6.251 % of GDP | +2.27% |
| 2012 | 6.112 % of GDP | -2.47% |
| 2011 | 6.267 % of GDP | -1.63% |
| 2010 | 6.371 % of GDP | +2.79% |
| 2009 | 6.198 % of GDP | +0.11% |
| 2008 | 6.191 % of GDP | +12.77% |
| 2007 | 5.49 % of GDP | +18.93% |
| 2005 | 4.616 % of GDP | +17.97% |
| 2004 | 3.913 % of GDP | -8.08% |
Show all 41 rows
| Year | Value | Change % |
|---|---|---|
| 2003 | 4.257 % of GDP | -20.80% |
| 2002 | 5.375 % of GDP | -0.11% |
| 2001 | 5.381 % of GDP | +7.99% |
| 2000 | 4.983 % of GDP | +13.77% |
| 1997 | 4.38 % of GDP | +19.09% |
| 1996 | 3.678 % of GDP | +8.53% |
| 1995 | 3.389 % of GDP | -16.61% |
| 1994 | 4.064 % of GDP | +26.45% |
| 1993 | 3.214 % of GDP | -3.69% |
| 1992 | 3.337 % of GDP | -23.86% |
| 1991 | 4.383 % of GDP | -8.29% |
| 1990 | 4.779 % of GDP | -7.81% |
| 1989 | 5.184 % of GDP | +31.54% |
| 1988 | 3.941 % of GDP | -14.40% |
| 1986 | 4.604 % of GDP | -14.61% |
| 1985 | 5.392 % of GDP | -10.54% |
| 1977 | 6.027 % of GDP | +2.88% |
| 1976 | 5.858 % of GDP | +12.03% |
| 1975 | 5.229 % of GDP | +23.06% |
| 1974 | 4.249 % of GDP | +17.02% |
| 1973 | 3.631 % of GDP | — |
Related Data
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For Jamaica
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