Military expenditure in dollars — all countries

Military expenditure in dollars — Namibia

Military expenditure in dollars in Namibia in 2024 — 362,392,304 US$. Ranked 107 in the world out of 151. Since 1990, the indicator has risen by 130.9%.

2024 362M US$ +6.77% vs 2023
World rank 107of 151
Period maximum 537M US$2014
Period minimum 56.96M US$1994

Trend over time

1990–2024 · US$

Military expenditure in dollars — Namibia, 1990–20240200M400M600M19901994199820022006201020142018202220241990: 156,919,129 US$1991: 144,767,720 US$1992: 124,561,274 US$1993: 70,155,520 US$1994: 56,958,995 US$1995: 68,236,520 US$1996: 66,463,535 US$1997: 83,659,580 US$1998: 78,912,428 US$1999: 105,765,957 US$2000: 92,397,796 US$2001: 96,757,182 US$2002: 87,992,259 US$2003: 129,449,090 US$2004: 166,997,178 US$2005: 192,072,121 US$2006: 199,559,185 US$2007: 228,174,674 US$2008: 266,250,021 US$2009: 299,516,030 US$2010: 396,539,101 US$2011: 443,591,424 US$2012: 412,163,504 US$2013: 389,958,737 US$2014: 537,456,014 US$2015: 518,203,685 US$2016: 425,388,450 US$2017: 456,081,145 US$2018: 455,569,084 US$2019: 414,059,490 US$2020: 368,224,739 US$2021: 400,199,635 US$2022: 365,631,269 US$2023: 339,405,132 US$2024: 362,392,304 US$
Change over the period: +205M (+130.94%) Average annual rate: 2.49 %

Comparison, 2024

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

Namibia 362M US$
World 2.65T US$
Sub-Saharan Africa 21.67B US$
Southern Africa computed 3.88B US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Namibia, by year Namibia All countries CSV XLSX
Year US$ Change Change, %
2024 362M +22.99M +6.77%
2023 339M −26.23M −7.17%
2022 366M −34.57M −8.64%
2021 400M +31.97M +8.68%
2020 368M −45.83M −11.07%
2019 414M −41.51M −9.11%
2018 456M −512,061 −0.11%
2017 456M +30.69M +7.22%
2016 425M −92.82M −17.91%
2015 518M −19.25M −3.58%
2014 537M +147M +37.82%
2013 390M −22.2M −5.39%
2012 412M −31.43M −7.08%
2011 444M +47.05M +11.87%
2010 397M +97.02M +32.39%
2009 300M +33.27M +12.49%
2008 266M +38.08M +16.69%
2007 228M +28.62M +14.34%
2006 200M +7.49M +3.9%
2005 192M +25.07M +15.02%
2004 167M +37.55M +29.01%
2003 129M +41.46M +47.11%
2002 87.99M −8.76M −9.06%
2001 96.76M +4.36M +4.72%
2000 92.4M −13.37M −12.64%
1999 106M +26.85M +34.03%
1998 78.91M −4.75M −5.67%
1997 83.66M +17.2M +25.87%
1996 66.46M −1.77M −2.6%
1995 68.24M +11.28M +19.8%
1994 56.96M −13.2M −18.81%
1993 70.16M −54.41M −43.68%
1992 125M −20.21M −13.96%
1991 145M −12.15M −7.74%
1990 157M

Southern Africa, 2024

The same indicator for neighboring countries — with links to their pages

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.