Military expenditure (current USD), annual growth rate in Liberia

Liberia: Military expenditure (current USD), annual growth rate was -45.9 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-45.9 % change on previous year
Change on year
down 332.1%
World rank
159th
of 164 countries
All-time high
130.39 % change on previous year
in 2021
All-time low
-45.9 % change on previous year
in 2024
Years of data
46
1966–2024

Military expenditure (current USD), annual growth rate in Liberia, 1966–2024

-50050100150196619952024

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

Analysis

The most recent figure for military expenditure (current usd), annual growth rate in Liberia is -45.9 % change on previous year, measured in 2024. That is the lowest value across all 46 years on record.

Compared with earlier readings it is down 332.1% on the previous year and down 1,094.8% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Liberia peaked at 130.39 % change on previous year in 2021 and was at its lowest, -45.9 % change on previous year, in 2024.

Liberia ranks 159th of 164 countries on this measure, 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 Liberia, year by year

Annual values for Military expenditure (current USD), annual growth rate in Liberia, 1966 to 2024.
Year % change on previous year Change
1966 3.7 % change on previous year
1967 8.93 % change on previous year +141.1%
1968 0 % change on previous year -100.0%
1969 0 % change on previous year
1970 16.39 % change on previous year
1971 14.08 % change on previous year -14.1%
1972 0 % change on previous year -100.0%
1973 -7.41 % change on previous year
1974 21.33 % change on previous year -388.0%
1975 20.88 % change on previous year -2.1%
1976 16.36 % change on previous year -21.6%
1977 21.09 % change on previous year +28.9%
1978 14.84 % change on previous year -29.7%
1979 5.62 % change on previous year -62.1%
1980 35.64 % change on previous year +534.4%
1981 106.67 % change on previous year +199.3%
1982 64.52 % change on previous year -39.5%
1983 -10.61 % change on previous year -116.4%
1984 -35.61 % change on previous year +235.6%
1985 0.8016 % change on previous year -102.3%
1986 -3.18 % change on previous year -496.8%
1987 -8.62 % change on previous year +171.1%
1988 12.36 % change on previous year -243.3%
1992 -9.4 % change on previous year -176.1%
1993 34.44 % change on previous year -466.4%
1994 29.06 % change on previous year -15.6%
2005 42.92 % change on previous year +47.7%
2006 -39.69 % change on previous year -192.5%
2007 -26.11 % change on previous year -34.2%
2008 69.85 % change on previous year -367.5%
2009 37.68 % change on previous year -46.1%
2010 33.27 % change on previous year -11.7%
2011 39.62 % change on previous year +19.1%
2012 21.04 % change on previous year -46.9%
2013 -0.4447 % change on previous year -102.1%
2014 -3.84 % change on previous year +763.8%
2015 1.84 % change on previous year -148.0%
2016 -0.5879 % change on previous year -131.9%
2017 -9.36 % change on previous year +1491.5%
2018 -0.7986 % change on previous year -91.5%
2019 -2.48 % change on previous year +210.5%
2020 0 % change on previous year -100.0%
2021 130.39 % change on previous year
2022 75.61 % change on previous year -42.0%
2023 19.77 % change on previous year -73.9%
2024 -45.9 % change on previous year -332.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.16 % change on previous year 0 % change on previous year 8.93 % change on previous year 4
1970s 12.32 % change on previous year -7.41 % change on previous year 21.33 % change on previous year 10
1980s 17.99 % change on previous year -35.61 % change on previous year 106.67 % change on previous year 9
1990s 18.03 % change on previous year -9.4 % change on previous year 34.44 % change on previous year 3
2000s 16.93 % change on previous year -39.69 % change on previous year 69.85 % change on previous year 5
2010s 7.83 % change on previous year -9.36 % change on previous year 39.62 % change on previous year 10
2020s 35.98 % change on previous year -45.9 % change on previous year 130.39 % change on previous year 5

Countries ranked near Liberia

  1. 156 Equatorial Guinea -30.25 % change on previous year compare
  2. 157 Ethiopia -34.59 % change on previous year compare
  3. 158 Congo -36.12 % change on previous year compare
  4. 160 Sudan -59.84 % change on previous year compare
  5. 161 Nigeria -63.46 % change on previous year compare
  6. 162 Zimbabwe -88.7 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Liberia

All data for Liberia →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Liberia?
Military expenditure (current usd), annual growth rate in Liberia was -45.9 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Liberia?
The highest recorded value was 130.39 % change on previous year in 2021.
What is the lowest military expenditure (current usd), annual growth rate recorded in Liberia?
The lowest recorded value was -45.9 % change on previous year in 2024.
How does Liberia rank for military expenditure (current usd), annual growth rate?
Liberia ranks 159th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Liberia?
Over the last ten years it is down 1,094.8%. The long-run trend across the full record is volatile.
Where does this Liberia 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 Liberia. Statizoid, drawing on Statizoid (derived). Retrieved 26 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/liberia/

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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.