Military expenditure (current USD), annual growth rate in East Asia & Pacific (IDA & IBRD countries)

East Asia & Pacific (IDA & IBRD countries): Military expenditure (current USD), annual growth rate was 6.25 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.25 % change on previous year
Change on year
up 243.6%
Rank
27th
of 41 groups
All-time high
38.53 % change on previous year
in 2003
All-time low
-26.8 % change on previous year
in 2006
Years of data
35
1990–2024

Military expenditure (current USD), annual growth rate in East Asia & Pacific (IDA & IBRD countries), 1990–2024

-20020401990200720241990: -2.2 % change on previous year1991: 5.2 % change on previous year1992: 20.5 % change on previous year1993: 5.7 % change on previous year1994: -1.5 % change on previous year1995: 18.9 % change on previous year1996: 12 % change on previous year1997: 1.8 % change on previous year1998: -7.6 % change on previous year1999: 18.3 % change on previous year2000: 10.3 % change on previous year2001: 12.3 % change on previous year2002: 14.7 % change on previous year2003: 38.5 % change on previous year2004: 16.2 % change on previous year2005: 10.6 % change on previous year2006: -26.8 % change on previous year2007: 21.8 % change on previous year2008: 24.4 % change on previous year2009: 19.2 % change on previous year2010: 10.3 % change on previous year2011: 17.7 % change on previous year2012: 16.7 % change on previous year2013: 12.6 % change on previous year2014: 8.8 % change on previous year2015: 7.3 % change on previous year2016: 0.867 % change on previous year2017: 6 % change on previous year2018: 8.9 % change on previous year2019: 1.3 % change on previous year2020: 7.8 % change on previous year2021: 10 % change on previous year2022: 1.9 % change on previous year2023: 1.8 % change on previous year2024: 6.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military expenditure (current usd), annual growth rate in East Asia & Pacific (IDA & IBRD countries) is 6.25 % change on previous year, measured in 2024.

Compared with earlier readings it is up 243.6% on the previous year and down 28.7% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in East Asia & Pacific (IDA & IBRD countries) peaked at 38.53 % change on previous year in 2003 and was at its lowest, -26.8 % change on previous year, in 2006.

East Asia & Pacific (IDA & IBRD countries) ranks 27th of 41 groups 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 USD), annual growth rate in East Asia & Pacific (IDA & IBRD countries), year by year

Annual values for Military expenditure (current USD), annual growth rate in East Asia & Pacific (IDA & IBRD countries), 1990 to 2024.
Year % change on previous year Change
1990 -2.15 % change on previous year
1991 5.25 % change on previous year -343.7%
1992 20.54 % change on previous year +291.3%
1993 5.67 % change on previous year -72.4%
1994 -1.52 % change on previous year -126.8%
1995 18.88 % change on previous year -1343.1%
1996 12.02 % change on previous year -36.3%
1997 1.82 % change on previous year -84.9%
1998 -7.63 % change on previous year -519.8%
1999 18.27 % change on previous year -339.4%
2000 10.35 % change on previous year -43.3%
2001 12.3 % change on previous year +18.9%
2002 14.66 % change on previous year +19.2%
2003 38.53 % change on previous year +162.9%
2004 16.19 % change on previous year -58.0%
2005 10.57 % change on previous year -34.7%
2006 -26.8 % change on previous year -353.5%
2007 21.83 % change on previous year -181.5%
2008 24.4 % change on previous year +11.8%
2009 19.23 % change on previous year -21.2%
2010 10.3 % change on previous year -46.4%
2011 17.72 % change on previous year +72.0%
2012 16.72 % change on previous year -5.6%
2013 12.61 % change on previous year -24.6%
2014 8.76 % change on previous year -30.5%
2015 7.28 % change on previous year -16.9%
2016 0.867 % change on previous year -88.1%
2017 5.99 % change on previous year +590.8%
2018 8.88 % change on previous year +48.2%
2019 1.32 % change on previous year -85.1%
2020 7.76 % change on previous year +488.2%
2021 9.96 % change on previous year +28.4%
2022 1.88 % change on previous year -81.1%
2023 1.82 % change on previous year -3.3%
2024 6.25 % change on previous year +243.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.11 % change on previous year -7.63 % change on previous year 20.54 % change on previous year 10
2000s 14.13 % change on previous year -26.8 % change on previous year 38.53 % change on previous year 10
2010s 9.05 % change on previous year 0.867 % change on previous year 17.72 % change on previous year 10
2020s 5.53 % change on previous year 1.82 % change on previous year 9.96 % change on previous year 5

Countries ranked near East Asia & Pacific (IDA & IBRD countries)

  1. 24 Libya 29.54 % change on previous year compare
  2. 25 Serbia 29.27 % change on previous year compare
  3. 26 Czechia 29.05 % change on previous year compare
  4. 27 Turkmenistan 27.9 % change on previous year compare
  5. 28 Türkiye 27.59 % change on previous year compare
  6. 29 Brunei Darussalam 24.44 % change on previous year compare
  7. 30 Kosovo 24.3 % change on previous year compare

See the full ranking of 208 places →

More public sector data for East Asia & Pacific (IDA & IBRD countries)

All data for East Asia & Pacific (IDA & IBRD countries) →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in East Asia & Pacific (IDA & IBRD countries)?
Military expenditure (current usd), annual growth rate in East Asia & Pacific (IDA & IBRD countries) was 6.25 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in East Asia & Pacific (IDA & IBRD countries)?
The highest recorded value was 38.53 % change on previous year in 2003.
What is the lowest military expenditure (current usd), annual growth rate recorded in East Asia & Pacific (IDA & IBRD countries)?
The lowest recorded value was -26.8 % change on previous year in 2006.
How does East Asia & Pacific (IDA & IBRD countries) rank for military expenditure (current usd), annual growth rate?
East Asia & Pacific (IDA & IBRD countries) ranks 27th out of 41 groups with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in East Asia & Pacific (IDA & IBRD countries)?
Over the last ten years it is down 28.7%. The long-run trend across the full record is volatile.
Where does this East Asia & Pacific (IDA & IBRD countries) data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in East Asia & Pacific (IDA & IBRD countries). Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/east-asia-and-pacific-ida-and-ibrd-countries/

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How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.