Albania vs Latin America & the Caribbean (IDA & IBRD countries): Military expenditure (current USD), annual growth rate
Military expenditure (current USD), annual growth rate over time
- Albania
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Albania currently reports 34.67 % change on previous year against 10.62 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries), a difference of 24.05 % change on previous year.
That makes Albania's figure about 3.3 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 14 times across 32 shared years of data; in 1993 it was Albania ahead.
Albania ranks 17th and Latin America & the Caribbean (IDA & IBRD countries) ranks 16th of 164 countries.
Across the 4 decades both report, Albania averaged higher in 3 and Latin America & the Caribbean (IDA & IBRD countries) in 1.
Head to head by decade
| Decade | Albania | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.92 % change on previous year | 8.08 % change on previous year | 1.16 % change on previous year | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 17.4 % change on previous year | 9.12 % change on previous year | 8.28 % change on previous year | Albania |
| 2010s | 1.54 % change on previous year | 1.4 % change on previous year | 0.1361 % change on previous year | Albania |
| 2020s | 24.84 % change on previous year | 4.22 % change on previous year | 20.61 % change on previous year | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure (current usd), annual growth rate, Albania or Latin America & the Caribbean (IDA & IBRD countries)?
- Albania, at 34.67 % change on previous year against 10.62 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in military expenditure (current usd), annual growth rate between Albania and Latin America & the Caribbean (IDA & IBRD countries)?
- 24.05 % change on previous year, with Albania ahead.
- How many years of comparable data are there for Albania and Latin America & the Caribbean (IDA & IBRD countries)?
- 32 years are reported by both, from 1993 to 2024.
- How do Albania and Latin America & the Caribbean (IDA & IBRD countries) rank globally for military expenditure (current usd), annual growth rate?
- Albania ranks 17th and Latin America & the Caribbean (IDA & IBRD countries) ranks 16th of 164 countries.
- Where does this data come from?
- Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.