Military expenditure (current USD), annual growth rate in Eritrea

Eritrea: Military expenditure (current USD), annual growth rate was 20.44 % change on previous year in 2003. ◆ Volatile

Latest (2003)
20.44 % change on previous year
Change on year
up 315.7%
World rank
35th
of 164 countries
All-time high
183.54 % change on previous year
in 1998
All-time low
-39.09 % change on previous year
in 1997
Years of data
10
1994–2003

Military expenditure (current USD), annual growth rate in Eritrea, 1994–2003

-500501001502001994199820031994: -25.6 % change on previous year1995: 55.9 % change on previous year1996: 21.8 % change on previous year1997: -39.1 % change on previous year1998: 183.5 % change on previous year1999: 3.7 % change on previous year2000: -15.5 % change on previous year2001: -27.8 % change on previous year2002: -9.5 % change on previous year2003: 20.4 % 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 Eritrea is 20.44 % change on previous year, measured in 2003.

The figure is up 315.7% on the previous year and up 180.0% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Eritrea peaked at 183.54 % change on previous year in 1998 and was at its lowest, -39.09 % change on previous year, in 1997.

That places Eritrea 35th out of 164 countries with data for 2003, putting it in the top quarter.

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

Military expenditure (current USD), annual growth rate in Eritrea, year by year

Annual values for Military expenditure (current USD), annual growth rate in Eritrea, 1994 to 2003.
Year % change on previous year Change
1994 -25.56 % change on previous year
1995 55.86 % change on previous year -318.5%
1996 21.82 % change on previous year -60.9%
1997 -39.09 % change on previous year -279.1%
1998 183.54 % change on previous year -569.6%
1999 3.75 % change on previous year -98.0%
2000 -15.46 % change on previous year -512.6%
2001 -27.8 % change on previous year +79.8%
2002 -9.48 % change on previous year -65.9%
2003 20.44 % change on previous year -315.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 33.39 % change on previous year -39.09 % change on previous year 183.54 % change on previous year 6
2000s -8.07 % change on previous year -27.8 % change on previous year 20.44 % change on previous year 4

Countries ranked near Eritrea

  1. 32 Denmark 22.46 % change on previous year compare
  2. 33 Lithuania 21.48 % change on previous year compare
  3. 34 Georgia 21.14 % change on previous year compare
  4. 36 Gabon 20.24 % change on previous year compare
  5. 37 Algeria 19.42 % change on previous year compare
  6. 38 Madagascar 19.41 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Eritrea

All data for Eritrea →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Eritrea?
Military expenditure (current usd), annual growth rate in Eritrea was 20.44 % change on previous year in 2003, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Eritrea?
The highest recorded value was 183.54 % change on previous year in 1998.
What is the lowest military expenditure (current usd), annual growth rate recorded in Eritrea?
The lowest recorded value was -39.09 % change on previous year in 1997.
How does Eritrea rank for military expenditure (current usd), annual growth rate?
Eritrea ranks 35th out of 164 countries with data for 2003.
Is military expenditure (current usd), annual growth rate rising or falling in Eritrea?
Over the last ten years it is up 180.0%. The long-run trend across the full record is volatile.
Where does this Eritrea 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 Eritrea. Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/eritrea/

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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.

Computed from

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.