Military expenditure in dollars — all countries

Military expenditure in dollars — Sri Lanka

Military expenditure in dollars in Sri Lanka in 2024 — 1,333,312,353 US$. Ranked 70 in the world out of 151. Since 1960, the indicator has risen by 7,906.4%.

2024 1.33B US$ +14.37% vs 2023
World rank 70of 151
Period maximum 2.06B US$2015
Period minimum 13.92M US$1963

Trend over time

1960–2024 · US$

Military expenditure in dollars — Sri Lanka, 1960–202401B2B3B19601967197419811988199520022009201620231960: 16,653,017 US$1962: 15,849,766 US$1964: 13,938,764 US$1966: 15,282,765 US$1968: 14,305,226 US$1970: 21,042,039 US$1973: 25,146,427 US$1975: 30,478,781 US$1977: 28,081,232 US$1979: 28,073,184 US$1981: 27,684,626 US$1983: 45,952,585 US$1985: 188,947,303 US$1987: 226,699,542 US$1989: 125,682,787 US$1991: 277,389,024 US$1993: 354,785,171 US$1995: 763,663,964 US$1997: 698,792,771 US$1999: 631,014,150 US$2001: 675,016,502 US$2003: 541,695,590 US$2005: 644,211,825 US$2007: 1,054,816,810 US$2009: 1,522,232,372 US$2011: 1,753,321,576 US$2013: 1,600,841,410 US$2015: 2,057,866,407 US$2017: 1,866,534,439 US$2019: 1,560,094,459 US$2021: 1,539,694,804 US$2023: 1,165,824,640 US$2024: 1,333,312,353 US$
Change over the period: +1.32B (+7,906.43%) Average annual rate: 7.09 %

Comparison, 2024

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

Sri Lanka 1.33B 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 — Sri Lanka, by year Sri Lanka All countries CSV XLSX
Year US$ Change Change, %
2024 1.33B +167M +14.37%
2023 1.17B +164M +16.35%
2022 1B −538M −34.93%
2021 1.54B +53.25M +3.58%
2020 1.49B −73.65M −4.72%
2019 1.56B −78.82M −4.81%
2018 1.64B −228M −12.19%
2017 1.87B +125M +7.18%
2016 1.74B −316M −15.38%
2015 2.06B +143M +7.48%
2014 1.91B +314M +19.6%
2013 1.6B +126M +8.54%
2012 1.47B −278M −15.88%
2011 1.75B +221M +14.44%
2010 1.53B +9.79M +0.64%
2009 1.52B +10.87M +0.72%
2008 1.51B +457M +43.28%
2007 1.05B +263M +33.27%
2006 791M +147M +22.86%
2005 644M +24.91M +4.02%
2004 619M +77.61M +14.33%
2003 542M −29.96M −5.24%
2002 572M −103M −15.31%
2001 675M −147M −17.89%
2000 822M +191M +30.29%
1999 631M −102M −13.96%
1998 733M +34.64M +4.96%
1997 699M −68.31M −8.91%
1996 767M +3.44M +0.45%
1995 764M +327M +74.74%
1994 437M +82.25M +23.18%
1993 355M +28.02M +8.57%
1992 327M +49.38M +17.8%
1991 277M +90.37M +48.32%
1990 187M +61.34M +48.81%
1989 126M −39.8M −24.05%
1988 165M −61.21M −27%
1987 227M +53.96M +31.23%
1986 173M −16.2M −8.58%
1985 189M +133M +238.91%
1984 55.75M +9.8M +21.32%
1983 45.95M +19.98M +76.91%
1982 25.97M −1.71M −6.18%
1981 27.68M −3.13M −10.15%
1980 30.81M +2.74M +9.75%
1979 28.07M +6.13M +27.92%
1978 21.95M −6.13M −21.85%
1977 28.08M +4.41M +18.64%
1976 23.67M −6.81M −22.34%
1975 30.48M +2.06M +7.25%
1974 28.42M +3.27M +13.01%
1973 25.15M
1971 32.26M +11.22M +53.3%
1970 21.04M +5.18M +32.64%
1969 15.86M +1.56M +10.89%
1968 14.31M −1.41M −8.95%
1967 15.71M +428,667 +2.8%
1966 15.28M +808,501 +5.59%
1965 14.47M +535,501 +3.84%
1964 13.94M +21,000 +0.15%
1963 13.92M −1.93M −12.19%
1962 15.85M −1.23M −7.22%
1961 17.08M +430,500 +2.59%
1960 16.65M

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.