Military expenditure in dollars — all countries

Military expenditure in dollars — Saudi Arabia

Military expenditure in dollars in Saudi Arabia in 2024 — 80,330,666,667 US$. Ranked 7 in the world out of 151. Since 1960, the indicator has risen by 56,917%.

2024 80.33B US$ +3.3% vs 2023
World rank 7of 151
Period maximum 87.19B US$2015
Period minimum 71.56M US$1961

Trend over time

1960–2024 · US$

Military expenditure in dollars — Saudi Arabia, 1960–2024025B50B75B100B19601967197419811988199520022009201620231960: 140,888,889 US$1962: 84,222,222 US$1964: 123,555,556 US$1966: 300,444,444 US$1968: 338,666,667 US$1970: 471,555,556 US$1972: 930,574,824 US$1977: 11,584,767,351 US$1979: 17,616,726,771 US$1981: 24,399,927,864 US$1983: 21,872,720,536 US$1985: 17,656,965,219 US$1988: 13,354,666,667 US$1990: 16,355,466,667 US$1992: 15,360,266,667 US$1994: 14,279,733,333 US$1996: 13,340,000,000 US$1998: 20,861,600,000 US$2000: 19,964,266,667 US$2002: 18,501,866,667 US$2004: 20,910,400,000 US$2006: 29,580,507,343 US$2008: 38,222,933,333 US$2010: 45,244,533,333 US$2012: 56,497,866,667 US$2014: 80,762,400,000 US$2016: 63,672,800,000 US$2018: 74,612,266,667 US$2020: 64,558,400,000 US$2022: 70,920,000,000 US$2024: 80,330,666,667 US$
Change over the period: +80.19B (+56,917.03%) Average annual rate: 10.42 %

Comparison, 2024

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

Saudi Arabia 80.33B US$
World 2.65T US$
Western Asia computed 183B US$
Military expenditure in dollars — Saudi Arabia, by year Saudi Arabia All countries CSV XLSX
Year US$ Change Change, %
2024 80.33B +2.57B +3.3%
2023 77.77B +6.85B +9.65%
2022 70.92B +7.73B +12.22%
2021 63.19B −1.36B −2.11%
2020 64.56B −804M −1.23%
2019 65.36B −9.25B −12.4%
2018 74.61B +4.21B +5.98%
2017 70.4B +6.73B +10.57%
2016 63.67B −23.51B −26.97%
2015 87.19B +6.42B +7.95%
2014 80.76B +13.74B +20.5%
2013 67.02B +10.52B +18.62%
2012 56.5B +7.97B +16.42%
2011 48.53B +3.29B +7.26%
2010 45.24B +3.98B +9.64%
2009 41.27B +3.04B +7.96%
2008 38.22B +2.75B +7.76%
2007 35.47B +5.89B +19.91%
2006 29.58B +4.19B +16.5%
2005 25.39B +4.48B +21.43%
2004 20.91B +2.16B +11.54%
2003 18.75B +246M +1.33%
2002 18.5B −2.52B −12.01%
2001 21.03B +1.06B +5.32%
2000 19.96B +1.64B +8.98%
1999 18.32B −2.54B −12.18%
1998 20.86B +2.73B +15.09%
1997 18.13B +4.79B +35.88%
1996 13.34B +140M +1.06%
1995 13.2B −1.08B −7.56%
1994 14.28B −2.17B −13.2%
1993 16.45B +1.09B +7.1%
1992 15.36B −995M −6.08%
1991 16.36B +0 +0%
1990 16.36B +3.61B +28.28%
1989 12.75B −605M −4.53%
1988 13.35B −1.11B −7.65%
1987 14.46B
1985 17.66B −5.02B −22.12%
1984 22.67B +799M +3.65%
1983 21.87B −5.22B −19.28%
1982 27.1B +2.7B +11.05%
1981 24.4B +3.68B +17.73%
1980 20.72B +3.11B +17.64%
1979 17.62B +4.21B +31.43%
1978 13.4B +1.82B +15.7%
1977 11.58B
1973 1.57B +635M +68.24%
1972 931M +343M +58.46%
1971 587M +116M +24.54%
1970 472M +42.22M +9.83%
1969 429M +90.67M +26.77%
1968 339M +2.44M +0.73%
1967 336M +35.78M +11.91%
1966 300M +123M +69%
1965 178M +54.22M +43.88%
1964 124M +9.78M +8.59%
1963 114M +29.56M +35.09%
1962 84.22M +12.67M +17.7%
1961 71.56M −69.33M −49.21%
1960 141M

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.