Military expenditure in Eritrea

Eritrea: Military expenditure was 2.52 billion current LCU in 2003. ◆ Volatile

Latest (2003)
2.52 billion current LCU
Change on year
up 19.7%
World rank
129th
of 167 countries
All-time high
2.52 billion current LCU
in 2003
All-time low
438.70 million current LCU
in 1994
Years of data
11
1993–2003

Military expenditure in Eritrea, 1993–2003

500.0M1.0B1.5B2.0B2.5B1993199820031993: 539.2M current LCU1994: 438.7M current LCU1995: 770.5M current LCU1996: 968.1M current LCU1997: 634.2M current LCU1998: 1.9B current LCU1999: 2.2B current LCU2000: 2.2B current LCU2001: 1.9B current LCU2002: 2.1B current LCU2003: 2.5B current LCU

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

Eritrea recorded 2.52 billion current LCU for military expenditure in 2003. That is the highest value across all 11 years on record.

That represents a change of up 19.7% on the previous year and up 367.4% over ten years.

Over the whole period, military expenditure in Eritrea peaked at 2.52 billion current LCU in 2003 and was at its lowest, 438.70 million current LCU, in 1994.

That places Eritrea 129th out of 167 countries with data for 2003, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.07 billion current LCU 438.70 million current LCU 2.22 billion current LCU 7
2000s 2.18 billion current LCU 1.88 billion current LCU 2.52 billion current LCU 4

Countries ranked near Eritrea

  1. 126 Tajikistan 2.66 billion current LCU compare
  2. 127 Slovakia 2.63 billion current LCU compare
  3. 128 Haiti 2.61 billion current LCU compare
  4. 130 Lithuania 2.43 billion current LCU compare
  5. 131 Kuwait 2.39 billion current LCU compare
  6. 132 Oman 2.30 billion current LCU compare

See the full ranking of 167 places →

More public sector data for Eritrea

All data for Eritrea →

Frequently asked questions

What is military expenditure in Eritrea?
Military expenditure in Eritrea was 2.52 billion current LCU in 2003, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Eritrea?
The highest recorded value was 2.52 billion current LCU in 2003.
What is the lowest military expenditure recorded in Eritrea?
The lowest recorded value was 438.70 million current LCU in 1994.
How does Eritrea rank for military expenditure?
Eritrea ranks 129th out of 167 countries with data for 2003.
Is military expenditure rising or falling in Eritrea?
Over the last ten years it is up 367.4%. The long-run trend across the full record is volatile.
Where does this Eritrea 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.

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)