Military expenditure in dollars — all countries

Military expenditure in dollars — Nepal

Military expenditure in dollars in Nepal in 2024 — 426,517,834 US$. Ranked 103 in the world out of 151. Since 1970, the indicator has risen by 8,125.7%.

2024 427M US$ −2.28% vs 2023
World rank 103of 151
Period maximum 455M US$2022
Period minimum 5.19M US$1970

Trend over time

1970–2024 · US$

Military expenditure in dollars — Nepal, 1970–20240200M400M600M19701976198219881994200020062012201820241970: 5,185,185 US$1971: 5,891,358 US$1972: 6,503,704 US$1973: 7,152,748 US$1974: 8,446,970 US$1975: 10,529,138 US$1976: 11,876,000 US$1977: 13,208,000 US$1978: 14,867,264 US$1979: 17,300,000 US$1980: 20,083,333 US$1981: 21,959,583 US$1982: 25,491,173 US$1983: 29,081,759 US$1984: 29,211,271 US$1985: 30,532,050 US$1986: 31,053,048 US$1987: 33,928,833 US$1988: 35,789,121 US$1989: 36,331,136 US$1990: 37,929,191 US$1991: 35,431,486 US$1992: 37,607,538 US$1993: 37,041,837 US$1994: 39,252,999 US$1995: 39,766,585 US$1996: 39,547,026 US$1997: 42,587,852 US$1998: 42,273,076 US$1999: 47,484,957 US$2000: 51,358,135 US$2001: 64,701,738 US$2002: 85,405,886 US$2003: 102,934,146 US$2004: 130,650,328 US$2005: 159,326,024 US$2006: 157,247,690 US$2007: 169,575,397 US$2008: 187,069,696 US$2009: 209,703,502 US$2010: 254,950,072 US$2011: 284,518,851 US$2012: 256,686,839 US$2013: 281,038,426 US$2014: 328,115,662 US$2015: 323,797,730 US$2016: 356,495,279 US$2017: 436,745,564 US$2018: 429,373,006 US$2019: 428,696,895 US$2020: 434,381,673 US$2021: 453,263,784 US$2022: 454,509,775 US$2023: 436,462,924 US$2024: 426,517,834 US$
Change over the period: +421M (+8,125.7%) Average annual rate: 8.51 %

Comparison, 2024

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

Nepal 427M US$
World 2.65T US$
South Asia 91.92B US$
Southern Asia computed 110B US$
Lower-middle-income countries computed 210B US$
Military expenditure in dollars — Nepal, by year Nepal All countries CSV XLSX
Year US$ Change Change, %
2024 427M −9.95M −2.28%
2023 436M −18.05M −3.97%
2022 455M +1.25M +0.27%
2021 453M +18.88M +4.35%
2020 434M +5.68M +1.33%
2019 429M −676,111 −0.16%
2018 429M −7.37M −1.69%
2017 437M +80.25M +22.51%
2016 356M +32.7M +10.1%
2015 324M −4.32M −1.32%
2014 328M +47.08M +16.75%
2013 281M +24.35M +9.49%
2012 257M −27.83M −9.78%
2011 285M +29.57M +11.6%
2010 255M +45.25M +21.58%
2009 210M +22.63M +12.1%
2008 187M +17.49M +10.32%
2007 170M +12.33M +7.84%
2006 157M −2.08M −1.3%
2005 159M +28.68M +21.95%
2004 131M +27.72M +26.93%
2003 103M +17.53M +20.52%
2002 85.41M +20.7M +32%
2001 64.7M +13.34M +25.98%
2000 51.36M +3.87M +8.16%
1999 47.48M +5.21M +12.33%
1998 42.27M −314,776 −0.74%
1997 42.59M +3.04M +7.69%
1996 39.55M −219,558 −0.55%
1995 39.77M +513,586 +1.31%
1994 39.25M +2.21M +5.97%
1993 37.04M −565,700 −1.5%
1992 37.61M +2.18M +6.14%
1991 35.43M −2.5M −6.59%
1990 37.93M +1.6M +4.4%
1989 36.33M +542,015 +1.51%
1988 35.79M +1.86M +5.48%
1987 33.93M +2.88M +9.26%
1986 31.05M +520,998 +1.71%
1985 30.53M +1.32M +4.52%
1984 29.21M +129,512 +0.45%
1983 29.08M +3.59M +14.09%
1982 25.49M +3.53M +16.08%
1981 21.96M +1.88M +9.34%
1980 20.08M +2.78M +16.09%
1979 17.3M +2.43M +16.36%
1978 14.87M +1.66M +12.56%
1977 13.21M +1.33M +11.22%
1976 11.88M +1.35M +12.79%
1975 10.53M +2.08M +24.65%
1974 8.45M +1.29M +18.09%
1973 7.15M +649,044 +9.98%
1972 6.5M +612,346 +10.39%
1971 5.89M +706,173 +13.62%
1970 5.19M

Southern Asia, 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.