Military expenditure (current USD), annual growth rate in Europe & Central Asia (excluding high income)

Europe & Central Asia (excluding high income): Military expenditure (current USD), annual growth rate was 6.61 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.61 % change on previous year
Change on year
down 85.9%
Rank
24th
of 41 groups
All-time high
109.03 % change on previous year
in 2022
All-time low
-19.85 % change on previous year
in 2001
Years of data
31
1994–2024

Military expenditure (current USD), annual growth rate in Europe & Central Asia (excluding high income), 1994–2024

0501001994200920241994: -10.2 % change on previous year1995: 28.3 % change on previous year1996: 18.5 % change on previous year1997: 19 % change on previous year1998: -1.7 % change on previous year1999: 7.5 % change on previous year2000: -3.5 % change on previous year2001: -19.8 % change on previous year2002: 23.5 % change on previous year2003: 14.1 % change on previous year2004: 8.7 % change on previous year2005: 15.6 % change on previous year2006: 15.5 % change on previous year2007: 24.9 % change on previous year2008: 16.6 % change on previous year2009: -11.9 % change on previous year2010: 7.7 % change on previous year2011: 5 % change on previous year2012: 5.4 % change on previous year2013: 5.4 % change on previous year2014: -4.7 % change on previous year2015: -12.4 % change on previous year2016: -0.14 % change on previous year2017: 2 % change on previous year2018: 19 % change on previous year2019: 5 % change on previous year2020: -11.4 % change on previous year2021: 2.7 % change on previous year2022: 109 % change on previous year2023: 47 % change on previous year2024: 6.6 % change on previous year

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

Analysis

Europe & Central Asia (excluding high income) recorded 6.61 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

That represents a change of down 85.9% on the previous year and up 242.1% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Europe & Central Asia (excluding high income) peaked at 109.03 % change on previous year in 2022 and was at its lowest, -19.85 % change on previous year, in 2001.

Europe & Central Asia (excluding high income) ranks 24th 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 Europe & Central Asia (excluding high income), year by year

Annual values for Military expenditure (current USD), annual growth rate in Europe & Central Asia (excluding high income), 1994 to 2024.
Year % change on previous year Change
1994 -10.24 % change on previous year
1995 28.33 % change on previous year -376.7%
1996 18.54 % change on previous year -34.6%
1997 19.02 % change on previous year +2.6%
1998 -1.66 % change on previous year -108.7%
1999 7.55 % change on previous year -555.1%
2000 -3.45 % change on previous year -145.7%
2001 -19.85 % change on previous year +475.1%
2002 23.52 % change on previous year -218.5%
2003 14.07 % change on previous year -40.2%
2004 8.74 % change on previous year -37.9%
2005 15.58 % change on previous year +78.3%
2006 15.52 % change on previous year -0.4%
2007 24.9 % change on previous year +60.5%
2008 16.59 % change on previous year -33.4%
2009 -11.87 % change on previous year -171.5%
2010 7.71 % change on previous year -165.0%
2011 5.05 % change on previous year -34.5%
2012 5.38 % change on previous year +6.6%
2013 5.43 % change on previous year +0.9%
2014 -4.65 % change on previous year -185.7%
2015 -12.37 % change on previous year +165.8%
2016 -0.14 % change on previous year -98.9%
2017 2.02 % change on previous year -1545.8%
2018 19.03 % change on previous year +840.0%
2019 5.04 % change on previous year -73.5%
2020 -11.44 % change on previous year -326.7%
2021 2.74 % change on previous year -124.0%
2022 109.03 % change on previous year +3873.2%
2023 47 % change on previous year -56.9%
2024 6.61 % change on previous year -85.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.26 % change on previous year -10.24 % change on previous year 28.33 % change on previous year 6
2000s 8.38 % change on previous year -19.85 % change on previous year 24.9 % change on previous year 10
2010s 3.25 % change on previous year -12.37 % change on previous year 19.03 % change on previous year 10
2020s 30.79 % change on previous year -11.44 % change on previous year 109.03 % change on previous year 5

Countries ranked near Europe & Central Asia (excluding high income)

  1. 21 Germany 31.47 % change on previous year compare
  2. 22 Niger 31.32 % change on previous year compare
  3. 23 Montenegro 31.31 % change on previous year compare
  4. 24 Libya 29.54 % change on previous year compare
  5. 25 Serbia 29.27 % change on previous year compare
  6. 26 Czechia 29.05 % change on previous year compare
  7. 27 Turkmenistan 27.9 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Europe & Central Asia (excluding high income)

All data for Europe & Central Asia (excluding high income) →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Europe & Central Asia (excluding high income)?
Military expenditure (current usd), annual growth rate in Europe & Central Asia (excluding high income) was 6.61 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Europe & Central Asia (excluding high income)?
The highest recorded value was 109.03 % change on previous year in 2022.
What is the lowest military expenditure (current usd), annual growth rate recorded in Europe & Central Asia (excluding high income)?
The lowest recorded value was -19.85 % change on previous year in 2001.
How does Europe & Central Asia (excluding high income) rank for military expenditure (current usd), annual growth rate?
Europe & Central Asia (excluding high income) ranks 24th out of 41 groups with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Europe & Central Asia (excluding high income)?
Over the last ten years it is up 242.1%. The long-run trend across the full record is volatile.
Where does this Europe & Central Asia (excluding high income) 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 Europe & Central Asia (excluding high income). Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/europe-and-central-asia-excluding-high-income/

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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.