Military expenditure (current USD), annual growth rate in Namibia
Namibia: Military expenditure (current USD), annual growth rate was 6.77 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Namibia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded 6.77 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
The figure is up 194.4% on the previous year and down 82.1% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Namibia peaked at 47.11 % change on previous year in 2003 and was at its lowest, -43.68 % change on previous year, in 1993.
That places Namibia 90th out of 164 countries 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.42 % change on previous year | -43.68 % change on previous year | 34.03 % change on previous year | 9 |
| 2000s | 12.16 % change on previous year | -12.64 % change on previous year | 47.11 % change on previous year | 10 |
| 2010s | 4.61 % change on previous year | -17.91 % change on previous year | 37.82 % change on previous year | 10 |
| 2020s | -2.28 % change on previous year | -11.07 % change on previous year | 8.68 % change on previous year | 5 |
Countries ranked near Namibia
- 87 Armenia 6.92 % change on previous year compare
- 88 Switzerland 6.89 % change on previous year compare
- 89 Iran (Islamic Republic of) 6.78 % change on previous year compare
- 91 Nicaragua 6.77 % change on previous year compare
- 92 Bangladesh 6.66 % change on previous year compare
- 93 Morocco 6.42 % change on previous year compare
More public sector data for Namibia
- Arms imports 54.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 17.82 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -77.78 % change on previous year (2014)
- Arms imports (SIPRI trend indicator values), gaps filled 54.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 119.6 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0266 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 362.39 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 42.51 SIPRI trend indicator values per square kilometre (2017)
- Military expenditure (current USD), per square kilometre 412.25 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Namibia?
- Military expenditure (current usd), annual growth rate in Namibia was 6.77 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Namibia?
- The highest recorded value was 47.11 % change on previous year in 2003.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Namibia?
- The lowest recorded value was -43.68 % change on previous year in 1993.
- How does Namibia rank for military expenditure (current usd), annual growth rate?
- Namibia ranks 90th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Namibia?
- Over the last ten years it is down 82.1%. The long-run trend across the full record is volatile.
- Where does this Namibia 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 — 34 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.