Military expenditure in Somalia
Somalia: Military expenditure was 201.85 million current LCU in 2024. ◆ Volatile
Military expenditure in Somalia, 1961–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Somalia recorded 201.85 million current LCU for military expenditure in 2024. That is the highest value across all 41 years on record.
The figure is up 43.2% on the previous year and up 235.0% over ten years.
Over the whole period, military expenditure in Somalia peaked at 201.85 million current LCU in 2024 and was at its lowest, 3.16 million current LCU, in 1961.
That places Somalia 156th 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 |
|---|---|---|---|---|
| 1960s | 5.92 million current LCU | 3.16 million current LCU | 9.00 million current LCU | 9 |
| 1970s | 32.35 million current LCU | 11.20 million current LCU | 87.70 million current LCU | 10 |
| 1980s | 65.23 million current LCU | 8.56 million current LCU | 134.00 million current LCU | 10 |
| 2010s | 55.82 million current LCU | 26.05 million current LCU | 76.56 million current LCU | 7 |
| 2020s | 134.13 million current LCU | 98.16 million current LCU | 201.85 million current LCU | 5 |
Countries ranked near Somalia
- 153 Bosnia and Herzegovina 390.50 million current LCU compare
- 154 Seychelles 369.02 million current LCU compare
- 155 Papua New Guinea 352.60 million current LCU compare
- 157 Fiji 174.65 million current LCU compare
- 159 Montenegro 138.70 million current LCU compare
More public sector data for Somalia
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Tax revenue 2.2% (2024)
- Taxes on income, profits and capital gains 4.0% (2024)
- Taxes on goods and services 5.8% (2024)
- Net investment in nonfinancial assets 0.2% (2024)
- Net lending (+) / net borrowing (-) 0.2% (2024)
- Interest payments 0.6% (2024)
- Grants and other revenue 70.6% (2024)
- Other taxes 1.1% (2024)
- Compensation of employees 42.0% (2023)
Frequently asked questions
- What is military expenditure in Somalia?
- Military expenditure in Somalia was 201.85 million current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Somalia?
- The highest recorded value was 201.85 million current LCU in 2024.
- What is the lowest military expenditure recorded in Somalia?
- The lowest recorded value was 3.16 million current LCU in 1961.
- How does Somalia rank for military expenditure?
- Somalia ranks 156th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Somalia?
- Over the last ten years it is up 235.0%. The long-run trend across the full record is volatile.
- Where does this Somalia 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)