Latin America & the Caribbean (IDA & IBRD countries) vs Namibia: Military expenditure (current USD), per unit of GDP
Military expenditure (current USD), per unit of GDP over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Namibia
How they compare
Namibia currently reports 0.0266 current USD per US$ of GDP against 0.0109 current USD per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.0157 current USD per US$ of GDP.
That makes Namibia's figure about 2.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 35 years both countries report, Namibia has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 39th and Namibia ranks 37th of 41 groups.
Namibia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0141 current USD per US$ of GDP | 0.028 current USD per US$ of GDP | 0.0138 current USD per US$ of GDP | Namibia |
| 2000s | 0.0121 current USD per US$ of GDP | 0.027 current USD per US$ of GDP | 0.0149 current USD per US$ of GDP | Namibia |
| 2010s | 0.0122 current USD per US$ of GDP | 0.0364 current USD per US$ of GDP | 0.0242 current USD per US$ of GDP | Namibia |
| 2020s | 0.0109 current USD per US$ of GDP | 0.03 current USD per US$ of GDP | 0.0191 current USD per US$ of GDP | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure (current usd), per unit of gdp, Latin America & the Caribbean (IDA & IBRD countries) or Namibia?
- Namibia, at 0.0266 current USD per US$ of GDP against 0.0109 current USD per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in military expenditure (current usd), per unit of gdp between Latin America & the Caribbean (IDA & IBRD countries) and Namibia?
- 0.0157 current USD per US$ of GDP, with Namibia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Namibia?
- 35 years are reported by both, from 1990 to 2024.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Namibia rank globally for military expenditure (current usd), per unit of gdp?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 39th and Namibia ranks 37th of 41 groups.
- Where does this data come from?
- Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.