Military expenditure in Eswatini

Eswatini: Military expenditure was 1.46 billion current LCU in 2024. ◆ Volatile

Latest (2024)
1.46 billion current LCU
Change on year
up 12.2%
World rank
139th
of 168 countries
All-time high
1.46 billion current LCU
in 2024
All-time low
4.69 million current LCU
in 1977
Years of data
48
1977–2024

Military expenditure in Eswatini, 1977–2024

0500.0M1.0B1.5B197720002024

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

Analysis

Eswatini recorded 1.46 billion current LCU for military expenditure in 2024. That is the highest value across all 48 years on record.

Compared with earlier readings it is up 12.2% on the previous year and up 65.3% over ten years.

Over the whole period, military expenditure in Eswatini peaked at 1.46 billion current LCU in 2024 and was at its lowest, 4.69 million current LCU, in 1977.

Eswatini ranks 139th of 168 countries on this measure, in the bottom quarter.

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

Military expenditure in Eswatini, year by year

Annual values for Military expenditure (current LCU) in Eswatini, 1977 to 2024.
Year current LCU Change
1977 4.69 million current LCU
1978 7.18 million current LCU +53.2%
1979 8.57 million current LCU +19.4%
1980 10.23 million current LCU +19.3%
1981 10.85 million current LCU +6.1%
1982 12.03 million current LCU +10.8%
1983 13.07 million current LCU +8.7%
1984 13.45 million current LCU +2.9%
1985 14.78 million current LCU +9.9%
1986 16.77 million current LCU +13.5%
1987 17.00 million current LCU +1.3%
1988 19.82 million current LCU +16.6%
1989 22.90 million current LCU +15.5%
1990 36.80 million current LCU +60.7%
1991 44.20 million current LCU +20.1%
1992 59.83 million current LCU +35.4%
1993 77.53 million current LCU +29.6%
1994 91.62 million current LCU +18.2%
1995 104.35 million current LCU +13.9%
1996 113.88 million current LCU +9.1%
1997 118.25 million current LCU +3.8%
1998 142.25 million current LCU +20.3%
1999 157.95 million current LCU +11.0%
2000 169.82 million current LCU +7.5%
2001 169.30 million current LCU -0.3%
2002 193.30 million current LCU +14.2%
2003 241.53 million current LCU +24.9%
2004 275.80 million current LCU +14.2%
2005 378.20 million current LCU +37.1%
2006 396.27 million current LCU +4.8%
2007 435.95 million current LCU +10.0%
2008 550.67 million current LCU +26.3%
2009 643.25 million current LCU +16.8%
2010 747.00 million current LCU +16.1%
2011 774.25 million current LCU +3.6%
2012 744.15 million current LCU -3.9%
2013 830.73 million current LCU +11.6%
2014 882.92 million current LCU +6.3%
2015 938.14 million current LCU +6.3%
2016 1.19 billion current LCU +26.4%
2017 1.16 billion current LCU -2.1%
2018 1.27 billion current LCU +9.4%
2019 1.25 billion current LCU -1.5%
2020 1.26 billion current LCU +1.1%
2021 1.22 billion current LCU -3.3%
2022 1.36 billion current LCU +11.3%
2023 1.30 billion current LCU -4.4%
2024 1.46 billion current LCU +12.2%

Eswatini compared with similar countries

  • Eswatini's 1.46 billion current LCU is below the median for lower middle income countries, which is 109.52 billion current LCU, 1% of the median. (40 countries reporting)
  • Eswatini's 1.46 billion current LCU is below the median for Sub-Saharan Africa, which is 114.43 billion current LCU, 1% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.81 million current LCU 4.69 million current LCU 8.57 million current LCU 3
1980s 15.09 million current LCU 10.23 million current LCU 22.90 million current LCU 10
1990s 94.67 million current LCU 36.80 million current LCU 157.95 million current LCU 10
2000s 345.41 million current LCU 169.30 million current LCU 643.25 million current LCU 10
2010s 978.37 million current LCU 744.15 million current LCU 1.27 billion current LCU 10
2020s 1.32 billion current LCU 1.22 billion current LCU 1.46 billion current LCU 5

Countries ranked near Eswatini

  1. 136 Georgia 1.67 billion current LCU compare
  2. 137 Trinidad and Tobago 1.59 billion current LCU compare
  3. 138 Croatia 1.51 billion current LCU compare
  4. 140 Estonia 1.33 billion current LCU compare
  5. 141 Latvia 1.32 billion current LCU compare
  6. 142 Ireland 1.23 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Eswatini

All data for Eswatini →

Frequently asked questions

What is military expenditure in Eswatini?
Military expenditure in Eswatini was 1.46 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 Eswatini?
The highest recorded value was 1.46 billion current LCU in 2024.
What is the lowest military expenditure recorded in Eswatini?
The lowest recorded value was 4.69 million current LCU in 1977.
How does Eswatini rank for military expenditure?
Eswatini ranks 139th out of 168 countries with data for 2024.
Is military expenditure rising or falling in Eswatini?
Over the last ten years it is up 65.3%. The long-run trend across the full record is volatile.
Where does this Eswatini 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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Military expenditure in Eswatini. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 23 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/eswatini/

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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
168 places, 8,265 data points, 1960–2024
Last refreshed

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