Military expenditure (current LCU) in Nepal

Nepal: Military expenditure (current LCU) was 59.70 billion current LCU in 2025. ◆ Volatile

Latest (2025)
59.70 billion current LCU
Change on year
up 2.4%
World rank
80th
of 168 countries
All-time high
60.13 billion current LCU
in 2023
All-time low
52.50 million current LCU
in 1970
Years of data
56
1970–2025

Military expenditure in Nepal, 1970–2025

020.0B40.0B60.0B197019972025

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

Analysis

The most recent figure for military expenditure in Nepal is 59.70 billion current LCU, measured in 2025.

The figure is up 2.4% on the previous year and up 80.0% over ten years.

Over the whole period, military expenditure in Nepal peaked at 60.13 billion current LCU in 2023 and was at its lowest, 52.50 million current LCU, in 1970.

Nepal ranks 80th of 168 countries on this measure, in the middle of the range.

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

Military expenditure (current LCU) in Nepal, year by year

Annual values for Military expenditure (current LCU) in Nepal, 1970 to 2025.
Year current LCU Change
1970 52.50 million current LCU —
1971 59.65 million current LCU +13.6%
1972 65.85 million current LCU +10.4%
1973 74.90 million current LCU +13.7%
1974 89.20 million current LCU +19.1%
1975 115.85 million current LCU +29.9%
1976 148.45 million current LCU +28.1%
1977 165.10 million current LCU +11.2%
1978 180.05 million current LCU +9.1%
1979 207.60 million current LCU +15.3%
1980 241.00 million current LCU +16.1%
1981 270.90 million current LCU +12.4%
1982 337.60 million current LCU +24.6%
1983 423.00 million current LCU +25.3%
1984 480.80 million current LCU +13.7%
1985 557.10 million current LCU +15.9%
1986 659.25 million current LCU +18.3%
1987 740.30 million current LCU +12.3%
1988 833.50 million current LCU +12.6%
1989 987.80 million current LCU +18.5%
1990 1.11 billion current LCU +12.8%
1991 1.32 billion current LCU +18.5%
1992 1.61 billion current LCU +21.7%
1993 1.80 billion current LCU +12.1%
1994 1.94 billion current LCU +7.7%
1995 2.06 billion current LCU +6.4%
1996 2.24 billion current LCU +8.7%
1997 2.47 billion current LCU +10.2%
1998 2.79 billion current LCU +12.9%
1999 3.24 billion current LCU +16.2%
2000 3.65 billion current LCU +12.7%
2001 4.85 billion current LCU +32.8%
2002 6.65 billion current LCU +37.2%
2003 7.84 billion current LCU +17.8%
2004 9.63 billion current LCU +22.8%
2005 11.37 billion current LCU +18.1%
2006 11.44 billion current LCU +0.6%
2007 11.26 billion current LCU -1.6%
2008 13.05 billion current LCU +15.9%
2009 16.26 billion current LCU +24.6%
2010 18.65 billion current LCU +14.7%
2011 21.06 billion current LCU +12.9%
2012 21.87 billion current LCU +3.8%
2013 26.13 billion current LCU +19.5%
2014 32.01 billion current LCU +22.5%
2015 33.16 billion current LCU +3.6%
2016 38.32 billion current LCU +15.6%
2017 45.69 billion current LCU +19.2%
2018 46.65 billion current LCU +2.1%
2019 47.69 billion current LCU +2.2%
2020 51.46 billion current LCU +7.9%
2021 52.92 billion current LCU +2.8%
2022 57.10 billion current LCU +7.9%
2023 60.13 billion current LCU +5.3%
2024 58.31 billion current LCU -3.0%
2025 59.70 billion current LCU +2.4%

Nepal compared with similar countries

  • Nepal's 59.70 billion current LCU is below the median for lower middle income countries, which is 121.21 billion current LCU, 49% of the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 115.92 million current LCU 52.50 million current LCU 207.60 million current LCU 10
1980s 553.12 million current LCU 241.00 million current LCU 987.80 million current LCU 10
1990s 2.06 billion current LCU 1.11 billion current LCU 3.24 billion current LCU 10
2000s 9.60 billion current LCU 3.65 billion current LCU 16.26 billion current LCU 10
2010s 33.12 billion current LCU 18.65 billion current LCU 47.69 billion current LCU 10
2020s 56.60 billion current LCU 51.46 billion current LCU 60.13 billion current LCU 6

Countries ranked near Nepal

  1. 77 Equatorial Guinea 70.20 billion current LCU compare
  2. 78 Dominican Republic 64.00 billion current LCU compare
  3. 79 France 60.29 billion current LCU compare
  4. 81 Morocco 59.18 billion current LCU compare
  5. 82 South Africa 56.76 billion current LCU compare
  6. 83 Qatar 56.10 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Nepal

All data for Nepal →

Frequently asked questions

What is military expenditure in Nepal?
Military expenditure in Nepal was 59.70 billion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Nepal?
The highest recorded value was 60.13 billion current LCU in 2023.
What is the lowest military expenditure recorded in Nepal?
The lowest recorded value was 52.50 million current LCU in 1970.
How does Nepal rank for military expenditure?
Nepal ranks 80th out of 168 countries with data for 2025.
Is military expenditure rising or falling in Nepal?
Over the last ten years it is up 80.0%. The long-run trend across the full record is volatile.
Where does this Nepal 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 Nepal. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/nepal/

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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, 8,396 data points, 1960–2025
Last refreshed

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