Military expenditure (current USD), annual growth rate in IBRD only

IBRD only: Military expenditure (current USD), annual growth rate was 12.21 % change on previous year in 2024. ◆ Volatile

Latest (2024)
12.21 % change on previous year
Change on year
up 15.5%
Rank
13th
of 41 groups
All-time high
22.28 % change on previous year
in 2008
All-time low
-9.13 % change on previous year
in 1998
Years of data
35
1990–2024

Military expenditure (current USD), annual growth rate in IBRD only, 1990–2024

-10010201990200720241990: -0.971 % change on previous year1991: -4.9 % change on previous year1992: 6.6 % change on previous year1993: -4.3 % change on previous year1994: 13.1 % change on previous year1995: 12.5 % change on previous year1996: 9 % change on previous year1997: 7.7 % change on previous year1998: -9.1 % change on previous year1999: 0.982 % change on previous year2000: 6.7 % change on previous year2001: 6.6 % change on previous year2002: -1.8 % change on previous year2003: 10.8 % change on previous year2004: 16.6 % change on previous year2005: 18.9 % change on previous year2006: 16.3 % change on previous year2007: 21.6 % change on previous year2008: 22.3 % change on previous year2009: 4.6 % change on previous year2010: 13.2 % change on previous year2011: 13.1 % change on previous year2012: 9 % change on previous year2013: 8.1 % change on previous year2014: 2.2 % change on previous year2015: -5.1 % change on previous year2016: 0.564 % change on previous year2017: 6.8 % change on previous year2018: 3.6 % change on previous year2019: 1.5 % change on previous year2020: 0.761 % change on previous year2021: 7.6 % change on previous year2022: 14.3 % change on previous year2023: 10.6 % change on previous year2024: 12.2 % change on previous year

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

Analysis

IBRD only recorded 12.21 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

Compared with earlier readings it is up 15.5% on the previous year and up 445.6% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in IBRD only peaked at 22.28 % change on previous year in 2008 and was at its lowest, -9.13 % change on previous year, in 1998.

IBRD only ranks 13th 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.07 % change on previous year -9.13 % change on previous year 13.09 % change on previous year 10
2000s 12.26 % change on previous year -1.83 % change on previous year 22.28 % change on previous year 10
2010s 5.29 % change on previous year -5.09 % change on previous year 13.22 % change on previous year 10
2020s 9.1 % change on previous year 0.7605 % change on previous year 14.31 % change on previous year 5

Countries ranked near IBRD only

  1. 10 Poland 44.25 % change on previous year compare
  2. 11 Somalia 43.19 % change on previous year compare
  3. 12 Mexico 41.44 % change on previous year compare
  4. 13 Colombia 40.05 % change on previous year compare
  5. 14 Netherlands 39.43 % change on previous year compare
  6. 15 Sweden 37.53 % change on previous year compare
  7. 16 Russia 36.41 % change on previous year compare

See the full ranking of 208 places →

More public sector data for IBRD only

All data for IBRD only →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in IBRD only?
Military expenditure (current usd), annual growth rate in IBRD only was 12.21 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in IBRD only?
The highest recorded value was 22.28 % change on previous year in 2008.
What is the lowest military expenditure (current usd), annual growth rate recorded in IBRD only?
The lowest recorded value was -9.13 % change on previous year in 1998.
How does IBRD only rank for military expenditure (current usd), annual growth rate?
IBRD only ranks 13th out of 41 groups with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in IBRD only?
Over the last ten years it is up 445.6%. The long-run trend across the full record is volatile.
Where does this IBRD only 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 IBRD only. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/ibrd-only/

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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.