Military expenditure in dollars — all countries

Military expenditure in dollars — Trinidad and Tobago

Military expenditure in dollars in Trinidad and Tobago in 2024 — 234,544,782 US$. Ranked 115 in the world out of 151. Since 1968, the indicator has risen by 4,510.2%.

2024 235M US$ −3.6% vs 2023
World rank 115of 151
Period maximum 243M US$2023
Period minimum 5.09M US$1968

Trend over time

1968–2024 · US$

Military expenditure in dollars — Trinidad and Tobago, 1968–20240100M200M300M19681974198019861992199820042010201620221968: 5,087,500 US$1969: 5,262,500 US$1970: 6,200,000 US$1971: 8,620,777 US$1972: 9,121,523 US$1973: 8,944,886 US$1974: 8,584,036 US$1975: 10,703,751 US$1976: 12,613,977 US$1977: 15,364,583 US$1978: 18,312,500 US$1979: 27,218,750 US$1980: 36,927,083 US$1981: 35,166,667 US$1993: 22,644,877 US$1994: 24,202,818 US$2001: 13,945,441 US$2002: 19,492,117 US$2003: 33,736,557 US$2004: 75,889,150 US$2005: 97,752,859 US$2006: 115,560,463 US$2007: 124,750,515 US$2008: 139,098,456 US$2009: 138,523,710 US$2010: 143,063,065 US$2011: 146,080,695 US$2012: 168,762,442 US$2013: 211,176,026 US$2014: 188,885,807 US$2015: 202,106,905 US$2016: 216,276,660 US$2017: 201,814,603 US$2018: 166,008,530 US$2019: 172,525,849 US$2020: 170,175,115 US$2021: 210,674,621 US$2022: 217,163,251 US$2023: 243,294,649 US$2024: 234,544,782 US$
Change over the period: +229M (+4,510.22%) Average annual rate: 7.08 %

Comparison, 2024

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

Trinidad and Tobago 235M US$
World 2.65T US$
Military expenditure in dollars — Trinidad and Tobago, by year Trinidad and Tobago All countries CSV XLSX
Year US$ Change Change, %
2024 235M −8.75M −3.6%
2023 243M +26.13M +12.03%
2022 217M +6.49M +3.08%
2021 211M +40.5M +23.8%
2020 170M −2.35M −1.36%
2019 173M +6.52M +3.93%
2018 166M −35.81M −17.74%
2017 202M −14.46M −6.69%
2016 216M +14.17M +7.01%
2015 202M +13.22M +7%
2014 189M −22.29M −10.56%
2013 211M +42.41M +25.13%
2012 169M +22.68M +15.53%
2011 146M +3.02M +2.11%
2010 143M +4.54M +3.28%
2009 139M −574,745 −0.41%
2008 139M +14.35M +11.5%
2007 125M +9.19M +7.95%
2006 116M +17.81M +18.22%
2005 97.75M +21.86M +28.81%
2004 75.89M +42.15M +124.95%
2003 33.74M +14.24M +73.08%
2002 19.49M +5.55M +39.77%
2001 13.95M
1994 24.2M +1.56M +6.88%
1993 22.64M
1981 35.17M −1.76M −4.77%
1980 36.93M +9.71M +35.67%
1979 27.22M +8.91M +48.63%
1978 18.31M +2.95M +19.19%
1977 15.36M +2.75M +21.81%
1976 12.61M +1.91M +17.85%
1975 10.7M +2.12M +24.69%
1974 8.58M −360,850 −4.03%
1973 8.94M −176,637 −1.94%
1972 9.12M +500,746 +5.81%
1971 8.62M +2.42M +39.04%
1970 6.2M +937,500 +17.81%
1969 5.26M +175,000 +3.44%
1968 5.09M

Caribbean, 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.