Military expenditure (current USD), annual growth rate in Heavily indebted poor countries (HIPC)

Heavily indebted poor countries (HIPC): Military expenditure (current USD), annual growth rate was 4.7 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.7 % change on previous year
Change on year
down 64.7%
Rank
32nd
of 41 groups
All-time high
95.89 % change on previous year
in 1990
All-time low
-39.09 % change on previous year
in 1992
Years of data
56
1969–2024

Military expenditure (current USD), annual growth rate in Heavily indebted poor countries (HIPC), 1969–2024

-50050100196919962024

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

Analysis

Heavily indebted poor countries (HIPC) recorded 4.7 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

The figure is down 64.7% on the previous year and down 45.2% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Heavily indebted poor countries (HIPC) peaked at 95.89 % change on previous year in 1990 and was at its lowest, -39.09 % change on previous year, in 1992.

That places Heavily indebted poor countries (HIPC) 32nd out of 41 groups 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.

Military expenditure (current USD), annual growth rate in Heavily indebted poor countries (HIPC), year by year

Annual values for Military expenditure (current USD), annual growth rate in Heavily indebted poor countries (HIPC), 1969 to 2024.
Year % change on previous year Change
1969 20.67 % change on previous year
1970 27.8 % change on previous year +34.5%
1971 11.55 % change on previous year -58.5%
1972 8.13 % change on previous year -29.6%
1973 17.8 % change on previous year +118.9%
1974 31.09 % change on previous year +74.7%
1975 21.45 % change on previous year -31.0%
1976 6.87 % change on previous year -68.0%
1977 26.17 % change on previous year +280.8%
1978 38.12 % change on previous year +45.6%
1979 15.97 % change on previous year -58.1%
1980 12.17 % change on previous year -23.8%
1981 -3.44 % change on previous year -128.2%
1982 -15.62 % change on previous year +354.6%
1983 -3.5 % change on previous year -77.6%
1984 11.65 % change on previous year -432.4%
1985 -2.63 % change on previous year -122.6%
1986 4.54 % change on previous year -272.1%
1987 0.4349 % change on previous year -90.4%
1988 12.27 % change on previous year +2720.8%
1989 -12.63 % change on previous year -202.9%
1990 95.89 % change on previous year -859.5%
1991 -25.96 % change on previous year -127.1%
1992 -39.09 % change on previous year +50.6%
1993 18.76 % change on previous year -148.0%
1994 -36.36 % change on previous year -293.9%
1995 -9.14 % change on previous year -74.9%
1996 15.42 % change on previous year -268.6%
1997 6.73 % change on previous year -56.4%
1998 26.1 % change on previous year +287.8%
1999 26.25 % change on previous year +0.6%
2000 -2.23 % change on previous year -108.5%
2001 -17.57 % change on previous year +688.4%
2002 2.36 % change on previous year -113.4%
2003 19.49 % change on previous year +727.3%
2004 38.47 % change on previous year +97.4%
2005 2.34 % change on previous year -93.9%
2006 20.78 % change on previous year +788.0%
2007 28.75 % change on previous year +38.3%
2008 30.94 % change on previous year +7.6%
2009 -4.18 % change on previous year -113.5%
2010 -31.13 % change on previous year +645.1%
2011 0.6153 % change on previous year -102.0%
2012 1.17 % change on previous year +89.5%
2013 25.34 % change on previous year +2072.5%
2014 8.57 % change on previous year -66.2%
2015 16.02 % change on previous year +86.9%
2016 13.7 % change on previous year -14.5%
2017 17.99 % change on previous year +31.3%
2018 -22.93 % change on previous year -227.4%
2019 0.7422 % change on previous year -103.2%
2020 12.47 % change on previous year +1579.8%
2021 11.2 % change on previous year -10.1%
2022 -0.1559 % change on previous year -101.4%
2023 13.31 % change on previous year -8634.8%
2024 4.7 % change on previous year -64.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 20.67 % change on previous year 20.67 % change on previous year 20.67 % change on previous year 1
1970s 20.49 % change on previous year 6.87 % change on previous year 38.12 % change on previous year 10
1980s 0.3226 % change on previous year -15.62 % change on previous year 12.27 % change on previous year 10
1990s 7.86 % change on previous year -39.09 % change on previous year 95.89 % change on previous year 10
2000s 11.91 % change on previous year -17.57 % change on previous year 38.47 % change on previous year 10
2010s 3.01 % change on previous year -31.13 % change on previous year 25.34 % change on previous year 10
2020s 8.3 % change on previous year -0.1559 % change on previous year 13.31 % change on previous year 5

Countries ranked near Heavily indebted poor countries (HIPC)

  1. 29 Brunei Darussalam 24.44 % change on previous year compare
  2. 30 Kosovo 24.3 % change on previous year compare
  3. 31 Burkina Faso 23.76 % change on previous year compare
  4. 32 Denmark 22.46 % change on previous year compare
  5. 33 Lithuania 21.48 % change on previous year compare
  6. 34 Georgia 21.14 % change on previous year compare
  7. 35 Eritrea 20.44 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Heavily indebted poor countries (HIPC)

All data for Heavily indebted poor countries (HIPC) →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Heavily indebted poor countries (HIPC)?
Military expenditure (current usd), annual growth rate in Heavily indebted poor countries (HIPC) was 4.7 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Heavily indebted poor countries (HIPC)?
The highest recorded value was 95.89 % change on previous year in 1990.
What is the lowest military expenditure (current usd), annual growth rate recorded in Heavily indebted poor countries (HIPC)?
The lowest recorded value was -39.09 % change on previous year in 1992.
How does Heavily indebted poor countries (HIPC) rank for military expenditure (current usd), annual growth rate?
Heavily indebted poor countries (HIPC) ranks 32nd out of 41 groups with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Heavily indebted poor countries (HIPC)?
Over the last ten years it is down 45.2%. The long-run trend across the full record is volatile.
Where does this Heavily indebted poor countries (HIPC) 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 Heavily indebted poor countries (HIPC). Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/heavily-indebted-poor-countries-hipc/

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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.