Military expenditure in dollars — all countries

Military expenditure in dollars — Cyprus

Military expenditure in dollars in Cyprus in 2024 — 598,185,756 US$. Ranked 91 in the world out of 151. Since 1985, the indicator has risen by 1,846.1%.

2024 598M US$ +7.03% vs 2023
World rank 91of 151
Period maximum 630M US$1992
Period minimum 30.74M US$1985

Trend over time

1985–2024 · US$

Military expenditure in dollars — Cyprus, 1985–20240200M400M600M800M198519891993199720012005200920132017202120241985: 30,737,333 US$1986: 48,729,244 US$1987: 199,500,731 US$1988: 243,815,864 US$1989: 244,995,663 US$1990: 411,409,063 US$1991: 418,387,369 US$1992: 630,127,106 US$1993: 268,277,272 US$1994: 298,469,127 US$1995: 298,833,386 US$1996: 448,075,909 US$1997: 534,141,189 US$1998: 483,748,645 US$1999: 289,970,367 US$2000: 281,160,374 US$2001: 327,627,160 US$2002: 242,483,491 US$2003: 288,427,606 US$2004: 338,474,566 US$2005: 380,875,029 US$2006: 387,703,672 US$2007: 405,176,368 US$2008: 453,803,054 US$2009: 471,352,781 US$2010: 477,587,429 US$2011: 479,735,318 US$2012: 414,496,321 US$2013: 384,925,361 US$2014: 357,806,823 US$2015: 327,891,760 US$2016: 295,355,010 US$2017: 359,061,651 US$2018: 450,408,980 US$2019: 463,613,972 US$2020: 483,415,023 US$2021: 541,804,636 US$2022: 532,512,390 US$2023: 558,878,311 US$2024: 598,185,756 US$
Change over the period: +567M (+1,846.12%) Average annual rate: 7.91 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Cyprus

Cyprus 598M US$
World 2.65T US$
Western Asia computed 183B US$
Military expenditure in dollars — Cyprus, by year Cyprus All countries CSV XLSX
Year US$ Change Change, %
2024 598M +39.31M +7.03%
2023 559M +26.37M +4.95%
2022 533M −9.29M −1.72%
2021 542M +58.39M +12.08%
2020 483M +19.8M +4.27%
2019 464M +13.2M +2.93%
2018 450M +91.35M +25.44%
2017 359M +63.71M +21.57%
2016 295M −32.54M −9.92%
2015 328M −29.92M −8.36%
2014 358M −27.12M −7.05%
2013 385M −29.57M −7.13%
2012 414M −65.24M −13.6%
2011 480M +2.15M +0.45%
2010 478M +6.23M +1.32%
2009 471M +17.55M +3.87%
2008 454M +48.63M +12%
2007 405M +17.47M +4.51%
2006 388M +6.83M +1.79%
2005 381M +42.4M +12.53%
2004 338M +50.05M +17.35%
2003 288M +45.94M +18.95%
2002 242M −85.14M −25.99%
2001 328M +46.47M +16.53%
2000 281M −8.81M −3.04%
1999 290M −194M −40.06%
1998 484M −50.39M −9.43%
1997 534M +86.07M +19.21%
1996 448M +149M +49.94%
1995 299M +364,259 +0.12%
1994 298M +30.19M +11.25%
1993 268M −362M −57.42%
1992 630M +212M +50.61%
1991 418M +6.98M +1.7%
1990 411M +166M +67.93%
1989 245M +1.18M +0.48%
1988 244M +44.32M +22.21%
1987 200M +151M +309.41%
1986 48.73M +17.99M +58.53%
1985 30.74M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.