Military expenditure (current USD), annual growth rate in Middle income
Middle income: Military expenditure (current USD), annual growth rate was 6.27 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Middle income, 1990–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Middle income is 6.27 % change on previous year, measured in 2024.
The figure is down 29.2% on the previous year and up 60.3% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Middle income peaked at 21.27 % change on previous year in 2008 and was at its lowest, -13.56 % change on previous year, in 1993.
That places Middle income 26th 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 Middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1990 | 3.83 % change on previous year | — |
| 1991 | -4.72 % change on previous year | -223.5% |
| 1992 | 7.68 % change on previous year | -262.6% |
| 1993 | -13.56 % change on previous year | -276.5% |
| 1994 | 5.34 % change on previous year | -139.4% |
| 1995 | 16.39 % change on previous year | +206.6% |
| 1996 | 7.38 % change on previous year | -55.0% |
| 1997 | 6.5 % change on previous year | -11.8% |
| 1998 | -0.6838 % change on previous year | -110.5% |
| 1999 | 4.08 % change on previous year | -697.2% |
| 2000 | 6.55 % change on previous year | +60.4% |
| 2001 | 4.54 % change on previous year | -30.7% |
| 2002 | -1.63 % change on previous year | -135.9% |
| 2003 | 19.47 % change on previous year | -1292.7% |
| 2004 | 16.28 % change on previous year | -16.4% |
| 2005 | 15.08 % change on previous year | -7.4% |
| 2006 | -5.69 % change on previous year | -137.8% |
| 2007 | 20.35 % change on previous year | -457.4% |
| 2008 | 21.27 % change on previous year | +4.5% |
| 2009 | 8.89 % change on previous year | -58.2% |
| 2010 | 13.39 % change on previous year | +50.6% |
| 2011 | 12.07 % change on previous year | -9.8% |
| 2012 | 9.14 % change on previous year | -24.3% |
| 2013 | 7.9 % change on previous year | -13.5% |
| 2014 | 3.91 % change on previous year | -50.5% |
| 2015 | -1.49 % change on previous year | -138.1% |
| 2016 | 0.3757 % change on previous year | -125.2% |
| 2017 | 8.07 % change on previous year | +2049.1% |
| 2018 | 4.87 % change on previous year | -39.7% |
| 2019 | 0.2755 % change on previous year | -94.3% |
| 2020 | 1.64 % change on previous year | +494.7% |
| 2021 | 8.16 % change on previous year | +398.2% |
| 2022 | 8.65 % change on previous year | +6.0% |
| 2023 | 8.85 % change on previous year | +2.3% |
| 2024 | 6.27 % change on previous year | -29.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.22 % change on previous year | -13.56 % change on previous year | 16.39 % change on previous year | 10 |
| 2000s | 10.51 % change on previous year | -5.69 % change on previous year | 21.27 % change on previous year | 10 |
| 2010s | 5.85 % change on previous year | -1.49 % change on previous year | 13.39 % change on previous year | 10 |
| 2020s | 6.72 % change on previous year | 1.64 % change on previous year | 8.85 % change on previous year | 5 |
Countries ranked near Middle income
- 23 Montenegro 31.31 % change on previous year compare
- 24 Libya 29.54 % change on previous year compare
- 25 Serbia 29.27 % change on previous year compare
- 26 Czechia 29.05 % change on previous year compare
- 27 Turkmenistan 27.9 % change on previous year compare
- 28 Turkey 27.59 % change on previous year compare
- 29 Brunei 24.44 % change on previous year compare
More public sector data for Middle income
- Arms imports 11.09 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.85 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 -22.08 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.09 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 113.52 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0174 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 678.38 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 224.76 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 10,085 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Middle income?
- Military expenditure (current usd), annual growth rate in Middle income was 6.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Middle income?
- The highest recorded value was 21.27 % change on previous year in 2008.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Middle income?
- The lowest recorded value was -13.56 % change on previous year in 1993.
- How does Middle income rank for military expenditure (current usd), annual growth rate?
- Middle income ranks 26th out of 41 groups with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Middle income?
- Over the last ten years it is up 60.3%. The long-run trend across the full record is volatile.
- Where does this Middle income 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
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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.