Military expenditure in Slovak Republic
Slovak Republic: Military expenditure was 2.63 billion current LCU in 2024. β Volatile
Military expenditure in Slovak Republic, 1993β2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Slovak Republic recorded 2.63 billion current LCU for military expenditure in 2024. That is the highest value across all 32 years on record.
That represents a change of up 16.5% on the previous year and up 250.3% over ten years.
Over the whole period, military expenditure in Slovak Republic peaked at 2.63 billion current LCU in 2024 and was at its lowest, 272.60 million current LCU, in 1993.
That places Slovak Republic 127th out of 167 countries with data for 2024, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 476.73 million current LCU | 272.60 million current LCU | 652.80 million current LCU | 7 |
| 2000s | 799.44 million current LCU | 523.10 million current LCU | 1.00 billion current LCU | 10 |
| 2010s | 933.90 million current LCU | 729.00 million current LCU | 1.61 billion current LCU | 10 |
| 2020s | 2.08 billion current LCU | 1.75 billion current LCU | 2.63 billion current LCU | 5 |
Countries ranked near Slovak Republic
- 124 Cuba 2.92 billion current LCU compare
- 125 Ecuador 2.70 billion current LCU compare
- 126 Tajikistan, Republic of 2.66 billion current LCU compare
- 128 Haiti 2.61 billion current LCU compare
- 129 Eritrea, The State of 2.52 billion current LCU compare
- 130 Lithuania, Republic of 2.43 billion current LCU compare
More public sector data for Slovak Republic
- Arms imports 298.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 54.96 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0021 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 893.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 298.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 623.96 SIPRI trend indicator values per square kilometre (2023)
- Tax revenue 19.1% (2024)
- Capital stock, General government, Current prices, Domestic currency 44.84 (2019)
- Taxes on income, profits and capital gains 20.4% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 48.17 (2019)
Frequently asked questions
- What is military expenditure in Slovak Republic?
- Military expenditure in Slovak Republic was 2.63 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 Slovak Republic?
- The highest recorded value was 2.63 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Slovak Republic?
- The lowest recorded value was 272.60 million current LCU in 1993.
- How does Slovak Republic rank for military expenditure?
- Slovak Republic ranks 127th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Slovak Republic?
- Over the last ten years it is up 250.3%. The long-run trend across the full record is volatile.
- Where does this Slovak Republic 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
Military expenditure in local currency at current prices (by calendar year)