Military expenditure (current USD), annual growth rate in Europe & Central Asia
Europe & Central Asia: Military expenditure (current USD), annual growth rate was 19.52 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Europe & Central Asia, 1988–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Europe & Central Asia recorded 19.52 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
That represents a change of up 2.4% on the previous year and up 3,191.9% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Europe & Central Asia peaked at 20.82 % change on previous year in 2003 and was at its lowest, -14.99 % change on previous year, in 2015.
Europe & Central Asia ranks 5th of 41 groups on this measure, in the top 10%.
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, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1988 | 6.56 % change on previous year | — |
| 1989 | -0.4386 % change on previous year | -106.7% |
| 1990 | 19.43 % change on previous year | -4530.6% |
| 1993 | -7.19 % change on previous year | -137.0% |
| 1994 | 4.61 % change on previous year | -164.1% |
| 1995 | 7 % change on previous year | +51.8% |
| 1996 | 2.19 % change on previous year | -68.7% |
| 1997 | -4.2 % change on previous year | -291.6% |
| 1998 | -3.79 % change on previous year | -9.8% |
| 1999 | -1.43 % change on previous year | -62.2% |
| 2000 | -6.93 % change on previous year | +384.2% |
| 2001 | -0.4651 % change on previous year | -93.3% |
| 2002 | 10.65 % change on previous year | -2389.8% |
| 2003 | 20.82 % change on previous year | +95.5% |
| 2004 | 13.89 % change on previous year | -33.3% |
| 2005 | 4.93 % change on previous year | -64.5% |
| 2006 | 6.19 % change on previous year | +25.6% |
| 2007 | 15.29 % change on previous year | +147.0% |
| 2008 | 11.7 % change on previous year | -23.5% |
| 2009 | -6.94 % change on previous year | -159.3% |
| 2010 | -0.6709 % change on previous year | -90.3% |
| 2011 | 6.65 % change on previous year | -1091.7% |
| 2012 | -1.17 % change on previous year | -117.5% |
| 2013 | 2.36 % change on previous year | -302.6% |
| 2014 | -0.6314 % change on previous year | -126.7% |
| 2015 | -14.99 % change on previous year | +2273.9% |
| 2016 | 0.3481 % change on previous year | -102.3% |
| 2017 | 2.73 % change on previous year | +684.8% |
| 2018 | 7.28 % change on previous year | +166.6% |
| 2019 | 2.2 % change on previous year | -69.8% |
| 2020 | 3.91 % change on previous year | +77.7% |
| 2021 | 9.33 % change on previous year | +138.8% |
| 2022 | 15.21 % change on previous year | +63.0% |
| 2023 | 19.07 % change on previous year | +25.4% |
| 2024 | 19.52 % change on previous year | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.06 % change on previous year | -0.4386 % change on previous year | 6.56 % change on previous year | 2 |
| 1990s | 2.08 % change on previous year | -7.19 % change on previous year | 19.43 % change on previous year | 8 |
| 2000s | 6.91 % change on previous year | -6.94 % change on previous year | 20.82 % change on previous year | 10 |
| 2010s | 0.412 % change on previous year | -14.99 % change on previous year | 7.28 % change on previous year | 10 |
| 2020s | 13.41 % change on previous year | 3.91 % change on previous year | 19.52 % change on previous year | 5 |
Countries ranked near Europe & Central Asia
- 2 Myanmar 100.97 % change on previous year compare
- 3 South Sudan 88.44 % change on previous year compare
- 4 Guyana 84.04 % change on previous year compare
- 5 Israel 69.12 % change on previous year compare
- 6 Haiti 67.58 % change on previous year compare
- 7 Mongolia 62.24 % change on previous year compare
- 8 Romania 54.86 % change on previous year compare
More public sector data for Europe & Central Asia
- Arms imports 14.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 15.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 23.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 14.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 774.37 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0245 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 719.05 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 416.81 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 21,931 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Europe & Central Asia?
- Military expenditure (current usd), annual growth rate in Europe & Central Asia was 19.52 % 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?
- The highest recorded value was 20.82 % change on previous year in 2003.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Europe & Central Asia?
- The lowest recorded value was -14.99 % change on previous year in 2015.
- How does Europe & Central Asia rank for military expenditure (current usd), annual growth rate?
- Europe & Central Asia ranks 5th out of 41 groups with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Europe & Central Asia?
- Over the last ten years it is up 3,191.9%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia 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.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
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
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.