Military expenditure (current USD), annual growth rate in Late-demographic dividend

Late-demographic dividend: Military expenditure (current USD), annual growth rate was 14.9 % change on previous year in 2024. ◆ Volatile

Latest (2024)
14.9 % change on previous year
Change on year
up 425.2%
Rank
8th
of 41 groups
All-time high
24.84 % change on previous year
in 2008
All-time low
-11.98 % change on previous year
in 1992
Years of data
35
1990–2024

Military expenditure (current USD), annual growth rate in Late-demographic dividend, 1990–2024

-10010201990200720241990: 18.7 % change on previous year1991: 4.9 % change on previous year1992: -12 % change on previous year1993: 19.2 % change on previous year1994: 20.5 % change on previous year1995: 15.3 % change on previous year1996: 10.6 % change on previous year1997: 6.2 % change on previous year1998: -11.9 % change on previous year1999: -4.9 % change on previous year2000: 11.8 % change on previous year2001: 11.4 % change on previous year2002: 7.1 % change on previous year2003: 10.4 % change on previous year2004: 15.8 % change on previous year2005: 17.9 % change on previous year2006: 18.8 % change on previous year2007: 23 % change on previous year2008: 24.8 % change on previous year2009: 5.1 % change on previous year2010: 13.2 % change on previous year2011: 14.9 % change on previous year2012: 10.6 % change on previous year2013: 9.2 % change on previous year2014: 3.7 % change on previous year2015: -10 % change on previous year2016: 0.735 % change on previous year2017: 4.9 % change on previous year2018: 6.1 % change on previous year2019: 0.527 % change on previous year2020: 2.2 % change on previous year2021: 11.9 % change on previous year2022: 9.3 % change on previous year2023: 2.8 % change on previous year2024: 14.9 % change on previous year

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

Analysis

Late-demographic dividend recorded 14.9 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

The figure is up 425.2% on the previous year and up 300.9% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Late-demographic dividend peaked at 24.84 % change on previous year in 2008 and was at its lowest, -11.98 % change on previous year, in 1992.

That places Late-demographic dividend 8th out of 41 groups with data for 2024, putting it in the top 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 Late-demographic dividend, year by year

Annual values for Military expenditure (current USD), annual growth rate in Late-demographic dividend, 1990 to 2024.
Year % change on previous year Change
1990 18.69 % change on previous year
1991 4.91 % change on previous year -73.7%
1992 -11.98 % change on previous year -344.2%
1993 19.22 % change on previous year -260.4%
1994 20.47 % change on previous year +6.5%
1995 15.31 % change on previous year -25.2%
1996 10.59 % change on previous year -30.8%
1997 6.19 % change on previous year -41.6%
1998 -11.93 % change on previous year -292.9%
1999 -4.9 % change on previous year -58.9%
2000 11.81 % change on previous year -340.8%
2001 11.4 % change on previous year -3.4%
2002 7.1 % change on previous year -37.7%
2003 10.42 % change on previous year +46.8%
2004 15.81 % change on previous year +51.7%
2005 17.88 % change on previous year +13.1%
2006 18.77 % change on previous year +5.0%
2007 22.97 % change on previous year +22.4%
2008 24.84 % change on previous year +8.2%
2009 5.1 % change on previous year -79.5%
2010 13.18 % change on previous year +158.3%
2011 14.87 % change on previous year +12.8%
2012 10.58 % change on previous year -28.8%
2013 9.19 % change on previous year -13.1%
2014 3.72 % change on previous year -59.6%
2015 -10.04 % change on previous year -370.2%
2016 0.7347 % change on previous year -107.3%
2017 4.93 % change on previous year +570.6%
2018 6.12 % change on previous year +24.3%
2019 0.5274 % change on previous year -91.4%
2020 2.17 % change on previous year +311.8%
2021 11.89 % change on previous year +447.6%
2022 9.31 % change on previous year -21.7%
2023 2.84 % change on previous year -69.5%
2024 14.9 % change on previous year +425.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.66 % change on previous year -11.98 % change on previous year 20.47 % change on previous year 10
2000s 14.61 % change on previous year 5.1 % change on previous year 24.84 % change on previous year 10
2010s 5.38 % change on previous year -10.04 % change on previous year 14.87 % change on previous year 10
2020s 8.22 % change on previous year 2.17 % change on previous year 14.9 % change on previous year 5

Countries ranked near Late-demographic dividend

  1. 5 Israel 69.12 % change on previous year compare
  2. 6 Haiti 67.58 % change on previous year compare
  3. 7 Mongolia 62.24 % change on previous year compare
  4. 8 Romania 54.86 % change on previous year compare
  5. 9 Chad 49.62 % change on previous year compare
  6. 10 Poland 44.25 % change on previous year compare
  7. 11 Somalia 43.19 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Late-demographic dividend

All data for Late-demographic dividend →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Late-demographic dividend?
Military expenditure (current usd), annual growth rate in Late-demographic dividend was 14.9 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Late-demographic dividend?
The highest recorded value was 24.84 % change on previous year in 2008.
What is the lowest military expenditure (current usd), annual growth rate recorded in Late-demographic dividend?
The lowest recorded value was -11.98 % change on previous year in 1992.
How does Late-demographic dividend rank for military expenditure (current usd), annual growth rate?
Late-demographic dividend ranks 8th out of 41 groups with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Late-demographic dividend?
Over the last ten years it is up 300.9%. The long-run trend across the full record is volatile.
Where does this Late-demographic dividend 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 Late-demographic dividend. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/late-demographic-dividend/

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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.