Military expenditure in dollars — all countries

Military expenditure in dollars — Southern Asia

Military expenditure in dollars in Southern Asia in 2024 — 109,978,224,392 US$. Since 1970, the indicator has risen by 3,427.8%.

2024 110B US$ +6.06% vs 2023
World rank
Period maximum 110B US$2024
Period minimum 3.12B US$1970

Trend over time

1970–2024 · US$

Military expenditure in dollars — Southern Asia, 1970–2024050B100B150B19701976198219881994200020062012201820241970: 3,117,516,125 US$1973: 3,572,650,102 US$1974: 7,495,214,721 US$1975: 10,171,894,302 US$1976: 11,460,626,463 US$1977: 12,183,814,193 US$1978: 13,293,112,479 US$1979: 10,946,961,589 US$1980: 11,943,142,053 US$1981: 15,961,698,742 US$1982: 18,094,485,218 US$1983: 19,673,937,229 US$1984: 19,326,721,544 US$1985: 20,861,836,587 US$1986: 24,016,014,181 US$1987: 29,189,895,375 US$1988: 33,490,422,289 US$1989: 30,012,562,554 US$1990: 30,419,514,808 US$1991: 29,933,733,125 US$1992: 31,996,662,434 US$1993: 13,873,352,711 US$1994: 14,928,043,618 US$1995: 17,345,466,950 US$1996: 18,449,070,834 US$1997: 20,850,802,615 US$1998: 22,096,149,809 US$1999: 25,042,523,801 US$2000: 27,201,924,448 US$2001: 29,266,680,838 US$2002: 22,605,840,176 US$2003: 25,137,942,580 US$2004: 31,256,091,687 US$2005: 36,156,118,026 US$2006: 39,582,368,093 US$2007: 45,325,687,115 US$2008: 52,279,991,038 US$2009: 59,823,939,247 US$2010: 69,336,079,657 US$2011: 75,031,457,844 US$2012: 74,983,313,153 US$2013: 71,203,457,789 US$2014: 74,358,663,037 US$2015: 76,787,157,942 US$2016: 84,429,873,403 US$2017: 95,629,521,081 US$2018: 95,507,056,075 US$2019: 93,176,675,042 US$2020: 93,379,373,378 US$2021: 100,818,665,559 US$2022: 103,465,075,673 US$2023: 103,695,431,490 US$2024: 109,978,224,392 US$
Change over the period: +107B (+3,427.75%) Average annual rate: 6.82 %

Comparison, 2024

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

Southern Asia 110B US$
World 2.65T US$
Military expenditure in dollars — Southern Asia, by year Southern Asia All countries CSV XLSX
Year US$ Change Change, %
2024 110B +6.28B +6.06%
2023 104B +230M +0.22%
2022 103B +2.65B +2.62%
2021 101B +7.44B +7.97%
2020 93.38B +203M +0.22%
2019 93.18B −2.33B −2.44%
2018 95.51B −122M −0.13%
2017 95.63B +11.2B +13.27%
2016 84.43B +7.64B +9.95%
2015 76.79B +2.43B +3.27%
2014 74.36B +3.16B +4.43%
2013 71.2B −3.78B −5.04%
2012 74.98B −48.14M −0.06%
2011 75.03B +5.7B +8.21%
2010 69.34B +9.51B +15.9%
2009 59.82B +7.54B +14.43%
2008 52.28B +6.95B +15.34%
2007 45.33B +5.74B +14.51%
2006 39.58B +3.43B +9.48%
2005 36.16B +4.9B +15.68%
2004 31.26B +6.12B +24.34%
2003 25.14B +2.53B +11.2%
2002 22.61B −6.66B −22.76%
2001 29.27B +2.06B +7.59%
2000 27.2B +2.16B +8.62%
1999 25.04B +2.95B +13.33%
1998 22.1B +1.25B +5.97%
1997 20.85B +2.4B +13.02%
1996 18.45B +1.1B +6.36%
1995 17.35B +2.42B +16.19%
1994 14.93B +1.05B +7.6%
1993 13.87B −18.12B −56.64%
1992 32B +2.06B +6.89%
1991 29.93B −486M −1.6%
1990 30.42B +407M +1.36%
1989 30.01B −3.48B −10.38%
1988 33.49B +4.3B +14.73%
1987 29.19B +5.17B +21.54%
1986 24.02B +3.15B +15.12%
1985 20.86B +1.54B +7.94%
1984 19.33B −347M −1.76%
1983 19.67B +1.58B +8.73%
1982 18.09B +2.13B +13.36%
1981 15.96B +4.02B +33.65%
1980 11.94B +996M +9.1%
1979 10.95B −2.35B −17.65%
1978 13.29B +1.11B +9.1%
1977 12.18B +723M +6.31%
1976 11.46B +1.29B +12.67%
1975 10.17B +2.68B +35.71%
1974 7.5B +3.92B +109.79%
1973 3.57B
1970 3.12B

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.