Military expenditure in dollars — all countries

Military expenditure in dollars — Liberia

Military expenditure in dollars in Liberia in 2024 — 33,825,000 US$. Ranked 141 in the world out of 151. Since 1965, the indicator has risen by 1,152.8%.

2024 33.83M US$ −45.9% vs 2023
World rank 141of 151
Period maximum 62.52M US$2023
Period minimum 2.7M US$1965

Trend over time

1965–2024 · US$

Military expenditure in dollars — Liberia, 1965–2024020M40M60M80M196519711977198319891995200120072013201920241965: 2,700,000 US$1966: 2,800,000 US$1967: 3,050,000 US$1968: 3,050,000 US$1969: 3,050,000 US$1970: 3,550,000 US$1971: 4,050,000 US$1972: 4,050,000 US$1973: 3,750,000 US$1974: 4,550,000 US$1975: 5,500,000 US$1976: 6,400,000 US$1977: 7,750,000 US$1978: 8,900,000 US$1979: 9,400,000 US$1980: 12,750,000 US$1981: 26,350,000 US$1982: 43,350,000 US$1983: 38,750,000 US$1984: 24,950,000 US$1985: 25,150,000 US$1986: 24,350,000 US$1987: 22,250,000 US$1988: 25,000,000 US$1991: 25,000,000 US$1992: 22,650,000 US$1993: 30,450,000 US$1994: 39,300,000 US$2004: 4,525,000 US$2005: 6,467,000 US$2006: 3,900,500 US$2007: 2,882,000 US$2008: 4,895,000 US$2009: 6,739,500 US$2010: 8,982,000 US$2011: 12,540,500 US$2012: 15,179,000 US$2013: 15,111,500 US$2014: 14,531,000 US$2015: 14,799,000 US$2016: 14,712,000 US$2017: 13,335,500 US$2018: 13,229,000 US$2019: 12,901,000 US$2020: 12,901,000 US$2021: 29,723,000 US$2022: 52,198,000 US$2023: 62,518,000 US$2024: 33,825,000 US$
Change over the period: +31.13M (+1,152.78%) Average annual rate: 4.38 %

Comparison, 2024

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

Liberia 33.83M US$
World 2.65T US$
Sub-Saharan Africa 21.67B US$
Western Africa computed 6.24B US$
Low-income countries computed 9.52B US$
Military expenditure in dollars — Liberia, by year Liberia All countries CSV XLSX
Year US$ Change Change, %
2024 33.83M −28.69M −45.9%
2023 62.52M +10.32M +19.77%
2022 52.2M +22.48M +75.61%
2021 29.72M +16.82M +130.39%
2020 12.9M +0 +0%
2019 12.9M −328,000 −2.48%
2018 13.23M −106,500 −0.8%
2017 13.34M −1.38M −9.36%
2016 14.71M −87,000 −0.59%
2015 14.8M +268,000 +1.84%
2014 14.53M −580,500 −3.84%
2013 15.11M −67,500 −0.44%
2012 15.18M +2.64M +21.04%
2011 12.54M +3.56M +39.62%
2010 8.98M +2.24M +33.27%
2009 6.74M +1.84M +37.68%
2008 4.9M +2.01M +69.85%
2007 2.88M −1.02M −26.11%
2006 3.9M −2.57M −39.69%
2005 6.47M +1.94M +42.92%
2004 4.53M
1994 39.3M +8.85M +29.06%
1993 30.45M +7.8M +34.44%
1992 22.65M −2.35M −9.4%
1991 25M
1988 25M +2.75M +12.36%
1987 22.25M −2.1M −8.62%
1986 24.35M −800,000 −3.18%
1985 25.15M +200,000 +0.8%
1984 24.95M −13.8M −35.61%
1983 38.75M −4.6M −10.61%
1982 43.35M +17M +64.52%
1981 26.35M +13.6M +106.67%
1980 12.75M +3.35M +35.64%
1979 9.4M +500,000 +5.62%
1978 8.9M +1.15M +14.84%
1977 7.75M +1.35M +21.09%
1976 6.4M +900,000 +16.36%
1975 5.5M +950,000 +20.88%
1974 4.55M +800,000 +21.33%
1973 3.75M −300,000 −7.41%
1972 4.05M +0 +0%
1971 4.05M +500,000 +14.08%
1970 3.55M +500,000 +16.39%
1969 3.05M +0 +0%
1968 3.05M +0 +0%
1967 3.05M +250,000 +8.93%
1966 2.8M +100,000 +3.7%
1965 2.7M

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.