Military expenditure in Bangladesh
Bangladesh: Military expenditure was 465.89 billion current LCU in 2024. ◆ Volatile
Latest (2024)
465.89 billion current LCU
Change on year
up 14.1%
World rank
39th
of 168 countries
All-time high
465.89 billion current LCU
in 2024
All-time low
381.56 million current LCU
in 1973
Years of data
52
1973–2024
Military expenditure in Bangladesh, 1973–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Bangladesh stood at 465.89 billion current LCU. That is the highest value across all 52 years on record.
That represents a change of up 14.1% on the previous year and up 154.7% over ten years.
Over the whole period, military expenditure in Bangladesh peaked at 465.89 billion current LCU in 2024 and was at its lowest, 381.56 million current LCU, in 1973.
Bangladesh ranks 39th of 168 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Bangladesh, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 381.56 million current LCU | — |
| 1974 | 594.73 million current LCU | +55.9% |
| 1975 | 985.02 million current LCU | +65.6% |
| 1976 | 1.62 billion current LCU | +64.6% |
| 1977 | 1.98 billion current LCU | +21.9% |
| 1978 | 2.03 billion current LCU | +2.5% |
| 1979 | 2.12 billion current LCU | +4.6% |
| 1980 | 2.58 billion current LCU | +22.0% |
| 1981 | 3.13 billion current LCU | +21.2% |
| 1982 | 4.08 billion current LCU | +30.4% |
| 1983 | 5.71 billion current LCU | +39.7% |
| 1984 | 6.19 billion current LCU | +8.6% |
| 1985 | 6.30 billion current LCU | +1.7% |
| 1986 | 7.57 billion current LCU | +20.1% |
| 1987 | 8.92 billion current LCU | +18.0% |
| 1988 | 10.54 billion current LCU | +18.1% |
| 1989 | 12.22 billion current LCU | +16.0% |
| 1990 | 12.89 billion current LCU | +5.5% |
| 1991 | 13.97 billion current LCU | +8.3% |
| 1992 | 16.66 billion current LCU | +19.3% |
| 1993 | 18.64 billion current LCU | +11.9% |
| 1994 | 22.01 billion current LCU | +18.1% |
| 1995 | 24.98 billion current LCU | +13.5% |
| 1996 | 26.70 billion current LCU | +6.9% |
| 1997 | 29.93 billion current LCU | +12.1% |
| 1998 | 32.91 billion current LCU | +9.9% |
| 1999 | 36.20 billion current LCU | +10.0% |
| 2000 | 38.63 billion current LCU | +6.7% |
| 2001 | 39.37 billion current LCU | +1.9% |
| 2002 | 39.47 billion current LCU | +0.2% |
| 2003 | 41.84 billion current LCU | +6.0% |
| 2004 | 45.86 billion current LCU | +9.6% |
| 2005 | 49.77 billion current LCU | +8.5% |
| 2006 | 57.19 billion current LCU | +14.9% |
| 2007 | 65.67 billion current LCU | +14.8% |
| 2008 | 70.66 billion current LCU | +7.6% |
| 2009 | 86.91 billion current LCU | +23.0% |
| 2010 | 113.15 billion current LCU | +30.2% |
| 2011 | 133.59 billion current LCU | +18.1% |
| 2012 | 149.27 billion current LCU | +11.7% |
| 2013 | 159.96 billion current LCU | +7.2% |
| 2014 | 182.92 billion current LCU | +14.4% |
| 2015 | 219.44 billion current LCU | +20.0% |
| 2016 | 254.47 billion current LCU | +16.0% |
| 2017 | 262.08 billion current LCU | +3.0% |
| 2018 | 304.56 billion current LCU | +16.2% |
| 2019 | 367.19 billion current LCU | +20.6% |
| 2020 | 394.62 billion current LCU | +7.5% |
| 2021 | 412.58 billion current LCU | +4.6% |
| 2022 | 393.59 billion current LCU | -4.6% |
| 2023 | 408.18 billion current LCU | +3.7% |
| 2024 | 465.89 billion current LCU | +14.1% |
Bangladesh compared with similar countries
- Bangladesh's 465.89 billion current LCU is above the median for lower middle income countries, which is 109.52 billion current LCU, 4.3× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.39 billion current LCU | 381.56 million current LCU | 2.12 billion current LCU | 7 |
| 1980s | 6.72 billion current LCU | 2.58 billion current LCU | 12.22 billion current LCU | 10 |
| 1990s | 23.49 billion current LCU | 12.89 billion current LCU | 36.20 billion current LCU | 10 |
| 2000s | 53.54 billion current LCU | 38.63 billion current LCU | 86.91 billion current LCU | 10 |
| 2010s | 214.66 billion current LCU | 113.15 billion current LCU | 367.19 billion current LCU | 10 |
| 2020s | 414.97 billion current LCU | 393.59 billion current LCU | 465.89 billion current LCU | 5 |
Countries ranked near Bangladesh
More public sector data for Bangladesh
- Democracy, annual growth rate -100 % change on previous year (2024)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2024)
- Elected parliament, annual growth rate -100 % change on previous year (2024)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2024)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Bangladesh?
- Military expenditure in Bangladesh was 465.89 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Bangladesh?
- The highest recorded value was 465.89 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Bangladesh?
- The lowest recorded value was 381.56 million current LCU in 1973.
- How does Bangladesh rank for military expenditure?
- Bangladesh ranks 39th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Bangladesh?
- Over the last ten years it is up 154.7%. The long-run trend across the full record is volatile.
- Where does this Bangladesh data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Military expenditure in local currency at current prices (by calendar year)