Military expenditure (current USD), annual growth rate in Least developed countries
Least developed countries: Military expenditure (current USD), annual growth rate was 19.77 % change on previous year in 2024. ◆ Volatile
Latest (2024)
19.77 % change on previous year
Change on year
up 334.6%
Rank
4th
of 41 groups
All-time high
91.75 % change on previous year
in 2003
All-time low
-78.73 % change on previous year
in 2006
Years of data
51
1974–2024
Military expenditure (current USD), annual growth rate in Least developed countries, 1974–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Least developed countries recorded 19.77 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
That represents a change of up 334.6% on the previous year and up 124.9% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Least developed countries peaked at 91.75 % change on previous year in 2003 and was at its lowest, -78.73 % change on previous year, in 2006.
Least developed countries ranks 4th 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 Least developed countries, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1974 | 20.78 % change on previous year | — |
| 1975 | 10.93 % change on previous year | -47.4% |
| 1976 | 8.16 % change on previous year | -25.4% |
| 1977 | 27.03 % change on previous year | +231.5% |
| 1978 | 62.07 % change on previous year | +129.6% |
| 1979 | 21.04 % change on previous year | -66.1% |
| 1980 | 6.91 % change on previous year | -67.2% |
| 1981 | -4.72 % change on previous year | -168.4% |
| 1982 | 0.8226 % change on previous year | -117.4% |
| 1983 | 4.4 % change on previous year | +434.5% |
| 1984 | 15.72 % change on previous year | +257.5% |
| 1985 | -0.7477 % change on previous year | -104.8% |
| 1986 | 6.63 % change on previous year | -986.2% |
| 1987 | 5.86 % change on previous year | -11.5% |
| 1988 | 13.09 % change on previous year | +123.4% |
| 1989 | 10.79 % change on previous year | -17.6% |
| 1990 | 42.7 % change on previous year | +295.7% |
| 1991 | -7.34 % change on previous year | -117.2% |
| 1992 | -12.63 % change on previous year | +72.0% |
| 1993 | 42.22 % change on previous year | -434.3% |
| 1994 | -1.56 % change on previous year | -103.7% |
| 1995 | -10.13 % change on previous year | +550.0% |
| 1996 | 5.32 % change on previous year | -152.5% |
| 1997 | 6.79 % change on previous year | +27.6% |
| 1998 | 15.77 % change on previous year | +132.2% |
| 1999 | 28.98 % change on previous year | +83.8% |
| 2000 | 13.26 % change on previous year | -54.2% |
| 2001 | -2.07 % change on previous year | -115.6% |
| 2002 | 13.67 % change on previous year | -759.4% |
| 2003 | 91.75 % change on previous year | +571.0% |
| 2004 | 23.89 % change on previous year | -74.0% |
| 2005 | 10.97 % change on previous year | -54.1% |
| 2006 | -78.73 % change on previous year | -818.0% |
| 2007 | 19.37 % change on previous year | -124.6% |
| 2008 | 32.8 % change on previous year | +69.3% |
| 2009 | 1.76 % change on previous year | -94.6% |
| 2010 | -16.26 % change on previous year | -1023.8% |
| 2011 | 10.64 % change on previous year | -165.4% |
| 2012 | 25.77 % change on previous year | +142.3% |
| 2013 | 16.37 % change on previous year | -36.5% |
| 2014 | 8.79 % change on previous year | -46.3% |
| 2015 | -12.42 % change on previous year | -241.3% |
| 2016 | -4.46 % change on previous year | -64.1% |
| 2017 | 12.37 % change on previous year | -377.3% |
| 2018 | -21.44 % change on previous year | -273.3% |
| 2019 | 2.61 % change on previous year | -112.2% |
| 2020 | 13.05 % change on previous year | +399.9% |
| 2021 | 7.78 % change on previous year | -40.3% |
| 2022 | 1.95 % change on previous year | -74.9% |
| 2023 | 4.55 % change on previous year | +132.8% |
| 2024 | 19.77 % change on previous year | +334.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25 % change on previous year | 8.16 % change on previous year | 62.07 % change on previous year | 6 |
| 1980s | 5.87 % change on previous year | -4.72 % change on previous year | 15.72 % change on previous year | 10 |
| 1990s | 11.01 % change on previous year | -12.63 % change on previous year | 42.7 % change on previous year | 10 |
| 2000s | 12.67 % change on previous year | -78.73 % change on previous year | 91.75 % change on previous year | 10 |
| 2010s | 2.2 % change on previous year | -21.44 % change on previous year | 25.77 % change on previous year | 10 |
| 2020s | 9.42 % change on previous year | 1.95 % change on previous year | 19.77 % change on previous year | 5 |
Countries ranked near Least developed countries
- 1 Lebanon 122.03 % change on previous year compare
- 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
More public sector data for Least developed countries
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.645 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -26.74 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 748.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 19.79 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0152 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 23.48 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.74 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 963.03 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Least developed countries?
- Military expenditure (current usd), annual growth rate in Least developed countries was 19.77 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Least developed countries?
- The highest recorded value was 91.75 % change on previous year in 2003.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Least developed countries?
- The lowest recorded value was -78.73 % change on previous year in 2006.
- How does Least developed countries rank for military expenditure (current usd), annual growth rate?
- Least developed countries ranks 4th out of 41 groups with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Least developed countries?
- Over the last ten years it is up 124.9%. The long-run trend across the full record is volatile.
- Where does this Least developed countries 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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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.