Military expenditure (current USD), annual growth rate in IDA & IBRD total
IDA & IBRD total: Military expenditure (current USD), annual growth rate was 12.08 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in IDA & IBRD total, 1988–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in IDA & IBRD total is 12.08 % change on previous year, measured in 2024.
That represents a change of up 19.3% on the previous year and up 360.2% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in IDA & IBRD total peaked at 22.07 % change on previous year in 2008 and was at its lowest, -7.22 % change on previous year, in 1998.
That places IDA & IBRD total 14th out of 41 groups with data for 2024, putting it 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 IDA & IBRD total, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1988 | 8.79 % change on previous year | — |
| 1989 | 10.47 % change on previous year | +19.1% |
| 1990 | 3.53 % change on previous year | -66.3% |
| 1991 | -3.62 % change on previous year | -202.7% |
| 1992 | 5.45 % change on previous year | -250.3% |
| 1993 | -3.88 % change on previous year | -171.2% |
| 1994 | 12.63 % change on previous year | -425.7% |
| 1995 | 10.73 % change on previous year | -15.0% |
| 1996 | 8.5 % change on previous year | -20.8% |
| 1997 | 6.92 % change on previous year | -18.6% |
| 1998 | -7.22 % change on previous year | -204.4% |
| 1999 | 1.97 % change on previous year | -127.3% |
| 2000 | 7.22 % change on previous year | +266.2% |
| 2001 | 5.58 % change on previous year | -22.6% |
| 2002 | 0.4957 % change on previous year | -91.1% |
| 2003 | 18.88 % change on previous year | +3708.7% |
| 2004 | 17.4 % change on previous year | -7.8% |
| 2005 | 16.71 % change on previous year | -4.0% |
| 2006 | -0.1699 % change on previous year | -101.0% |
| 2007 | 21.35 % change on previous year | -12664.8% |
| 2008 | 22.07 % change on previous year | +3.4% |
| 2009 | 4.44 % change on previous year | -79.9% |
| 2010 | 12.22 % change on previous year | +175.1% |
| 2011 | 13.09 % change on previous year | +7.2% |
| 2012 | 8.69 % change on previous year | -33.6% |
| 2013 | 7.95 % change on previous year | -8.4% |
| 2014 | 2.62 % change on previous year | -67.0% |
| 2015 | -4.68 % change on previous year | -278.3% |
| 2016 | 0.6331 % change on previous year | -113.5% |
| 2017 | 6.99 % change on previous year | +1003.8% |
| 2018 | 3.2 % change on previous year | -54.3% |
| 2019 | 1.04 % change on previous year | -67.6% |
| 2020 | 1.2 % change on previous year | +15.5% |
| 2021 | 8.09 % change on previous year | +576.3% |
| 2022 | 12.88 % change on previous year | +59.2% |
| 2023 | 10.12 % change on previous year | -21.4% |
| 2024 | 12.08 % change on previous year | +19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.63 % change on previous year | 8.79 % change on previous year | 10.47 % change on previous year | 2 |
| 1990s | 3.5 % change on previous year | -7.22 % change on previous year | 12.63 % change on previous year | 10 |
| 2000s | 11.4 % change on previous year | -0.1699 % change on previous year | 22.07 % change on previous year | 10 |
| 2010s | 5.17 % change on previous year | -4.68 % change on previous year | 13.09 % change on previous year | 10 |
| 2020s | 8.87 % change on previous year | 1.2 % change on previous year | 12.88 % change on previous year | 5 |
Countries ranked near IDA & IBRD total
- 11 Somalia 43.19 % change on previous year compare
- 12 Mexico 41.44 % change on previous year compare
- 13 Colombia 40.05 % change on previous year compare
- 14 Netherlands 39.43 % change on previous year compare
- 15 Sweden 37.53 % change on previous year compare
- 16 Russia 36.41 % change on previous year compare
- 17 Albania 34.67 % change on previous year compare
More public sector data for IDA & IBRD total
- Arms imports 13.54 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -17.98 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 13.54 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 129.18 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0205 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 894.64 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 171.81 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 8,306 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in IDA & IBRD total?
- Military expenditure (current usd), annual growth rate in IDA & IBRD total was 12.08 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in IDA & IBRD total?
- The highest recorded value was 22.07 % change on previous year in 2008.
- What is the lowest military expenditure (current usd), annual growth rate recorded in IDA & IBRD total?
- The lowest recorded value was -7.22 % change on previous year in 1998.
- How does IDA & IBRD total rank for military expenditure (current usd), annual growth rate?
- IDA & IBRD total ranks 14th out of 41 groups with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in IDA & IBRD total?
- Over the last ten years it is up 360.2%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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 — 37 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.