Military expenditure in dollars — all countries

Military expenditure in dollars — Timor-Leste

Military expenditure in dollars in Timor-Leste in 2024 — 46,400,000 US$. Ranked 138 in the world out of 151. Since 2005, the indicator has risen by 463.8%.

2024 46.4M US$ −15.81% vs 2023
World rank 138of 151
Period maximum 55.11M US$2023
Period minimum 8.23M US$2005

Trend over time

2005–2024 · US$

Military expenditure in dollars — Timor-Leste, 2005–2024020M40M60M200520072009201120132015201720192021202320242005: 8,230,000 US$2006: 17,105,000 US$2007: 23,735,000 US$2008: 23,651,000 US$2009: 36,481,000 US$2010: 26,389,000 US$2011: 20,530,000 US$2012: 33,388,000 US$2013: 31,683,000 US$2014: 29,624,000 US$2015: 36,959,000 US$2016: 26,217,000 US$2017: 25,442,000 US$2018: 20,610,000 US$2019: 34,400,000 US$2020: 38,456,000 US$2021: 39,222,000 US$2022: 44,311,000 US$2023: 55,111,000 US$2024: 46,400,000 US$
Change over the period: +38.17M (+463.79%) Average annual rate: 9.53 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Timor-Leste

Timor-Leste 46.4M US$
World 2.65T US$
South-Eastern Asia computed 48.39B US$
Lower-middle-income countries computed 210B US$
Military expenditure in dollars — Timor-Leste, by year Timor-Leste All countries CSV XLSX
Year US$ Change Change, %
2024 46.4M −8.71M −15.81%
2023 55.11M +10.8M +24.37%
2022 44.31M +5.09M +12.97%
2021 39.22M +766,000 +1.99%
2020 38.46M +4.06M +11.79%
2019 34.4M +13.79M +66.91%
2018 20.61M −4.83M −18.99%
2017 25.44M −775,000 −2.96%
2016 26.22M −10.74M −29.06%
2015 36.96M +7.34M +24.76%
2014 29.62M −2.06M −6.5%
2013 31.68M −1.71M −5.11%
2012 33.39M +12.86M +62.63%
2011 20.53M −5.86M −22.2%
2010 26.39M −10.09M −27.66%
2009 36.48M +12.83M +54.25%
2008 23.65M −84,000 −0.35%
2007 23.74M +6.63M +38.76%
2006 17.11M +8.88M +107.84%
2005 8.23M

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.