Military expenditure in dollars — all countries

Military expenditure in dollars — Low-income countries

Military expenditure in dollars in low-income countries in 2024 — 9,522,307,879 US$. Since 1975, the indicator has risen by 516.3%.

2024 9.52B US$ +16.34% vs 2023
World rank
Period maximum 9.9B US$2009
Period minimum 1.54B US$1975

Trend over time

1975–2024 · US$

Military expenditure in dollars — Low-income countries, 1975–202402.5B5B7.5B10B197519801985199019952000200520102015202020241975: 1,544,975,804 US$1976: 1,644,516,396 US$1977: 1,903,645,339 US$1978: 2,319,115,021 US$1979: 2,954,387,064 US$1980: 3,918,362,939 US$1981: 3,749,668,853 US$1982: 3,960,416,665 US$1983: 4,022,131,145 US$1984: 4,818,008,749 US$1985: 4,774,771,553 US$1986: 5,147,764,885 US$1987: 5,052,102,974 US$1988: 5,564,424,341 US$1989: 2,927,481,826 US$1990: 5,086,206,377 US$1991: 6,404,212,253 US$1992: 5,329,147,174 US$1993: 4,542,872,529 US$1994: 4,956,206,446 US$1995: 2,638,947,273 US$1996: 2,406,672,125 US$1997: 2,471,676,931 US$1998: 3,039,064,793 US$1999: 3,636,042,433 US$2000: 3,456,265,873 US$2001: 3,012,973,852 US$2002: 3,322,083,866 US$2003: 3,831,886,246 US$2004: 4,676,255,563 US$2005: 4,868,985,768 US$2006: 6,025,366,556 US$2007: 7,650,628,550 US$2008: 9,555,957,350 US$2009: 9,898,678,443 US$2010: 7,232,614,963 US$2011: 8,141,082,779 US$2012: 4,920,914,940 US$2013: 5,685,831,969 US$2014: 6,031,679,608 US$2015: 7,056,498,714 US$2016: 6,784,759,558 US$2017: 8,514,035,197 US$2018: 6,299,765,065 US$2019: 4,944,613,682 US$2020: 6,078,162,334 US$2021: 6,726,654,092 US$2022: 6,875,433,411 US$2023: 8,184,851,876 US$2024: 9,522,307,879 US$
Change over the period: +7.98B (+516.34%) Average annual rate: 3.78 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Low-income countries

Low-income countries 9.52B US$
World 2.65T US$
Military expenditure in dollars — Low-income countries, by year Low-income countries All countries CSV XLSX
Year US$ Change Change, %
2024 9.52B +1.34B +16.34%
2023 8.18B +1.31B +19.04%
2022 6.88B +149M +2.21%
2021 6.73B +648M +10.67%
2020 6.08B +1.13B +22.92%
2019 4.94B −1.36B −21.51%
2018 6.3B −2.21B −26.01%
2017 8.51B +1.73B +25.49%
2016 6.78B −272M −3.85%
2015 7.06B +1.02B +16.99%
2014 6.03B +346M +6.08%
2013 5.69B +765M +15.54%
2012 4.92B −3.22B −39.55%
2011 8.14B +908M +12.56%
2010 7.23B −2.67B −26.93%
2009 9.9B +343M +3.59%
2008 9.56B +1.91B +24.9%
2007 7.65B +1.63B +26.97%
2006 6.03B +1.16B +23.75%
2005 4.87B +193M +4.12%
2004 4.68B +844M +22.04%
2003 3.83B +510M +15.35%
2002 3.32B +309M +10.26%
2001 3.01B −443M −12.83%
2000 3.46B −180M −4.94%
1999 3.64B +597M +19.64%
1998 3.04B +567M +22.96%
1997 2.47B +65M +2.7%
1996 2.41B −232M −8.8%
1995 2.64B −2.32B −46.75%
1994 4.96B +413M +9.1%
1993 4.54B −786M −14.75%
1992 5.33B −1.08B −16.79%
1991 6.4B +1.32B +25.91%
1990 5.09B +2.16B +73.74%
1989 2.93B −2.64B −47.39%
1988 5.56B +512M +10.14%
1987 5.05B −95.66M −1.86%
1986 5.15B +373M +7.81%
1985 4.77B −43.24M −0.9%
1984 4.82B +796M +19.79%
1983 4.02B +61.71M +1.56%
1982 3.96B +211M +5.62%
1981 3.75B −169M −4.31%
1980 3.92B +964M +32.63%
1979 2.95B +635M +27.39%
1978 2.32B +415M +21.82%
1977 1.9B +259M +15.76%
1976 1.64B +99.54M +6.44%
1975 1.54B

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.