Military expenditure (current USD), annual growth rate in Nepal
Nepal: Military expenditure (current USD), annual growth rate was -2.28 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-2.28 % change on previous year
Change on year
up 42.6%
World rank
129th
of 164 countries
All-time high
32 % change on previous year
in 2002
All-time low
-9.78 % change on previous year
in 2012
Years of data
54
1971–2024
Military expenditure (current USD), annual growth rate in Nepal, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nepal recorded -2.28 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
The figure is up 42.6% on the previous year and down 113.6% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Nepal peaked at 32 % change on previous year in 2002 and was at its lowest, -9.78 % change on previous year, in 2012.
Nepal ranks 129th 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 Nepal, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.62 % change on previous year | — |
| 1972 | 10.39 % change on previous year | -23.7% |
| 1973 | 9.98 % change on previous year | -4.0% |
| 1974 | 18.09 % change on previous year | +81.3% |
| 1975 | 24.65 % change on previous year | +36.2% |
| 1976 | 12.79 % change on previous year | -48.1% |
| 1977 | 11.22 % change on previous year | -12.3% |
| 1978 | 12.56 % change on previous year | +12.0% |
| 1979 | 16.36 % change on previous year | +30.2% |
| 1980 | 16.09 % change on previous year | -1.7% |
| 1981 | 9.34 % change on previous year | -41.9% |
| 1982 | 16.08 % change on previous year | +72.1% |
| 1983 | 14.09 % change on previous year | -12.4% |
| 1984 | 0.4453 % change on previous year | -96.8% |
| 1985 | 4.52 % change on previous year | +915.3% |
| 1986 | 1.71 % change on previous year | -62.3% |
| 1987 | 9.26 % change on previous year | +442.7% |
| 1988 | 5.48 % change on previous year | -40.8% |
| 1989 | 1.51 % change on previous year | -72.4% |
| 1990 | 4.4 % change on previous year | +190.5% |
| 1991 | -6.59 % change on previous year | -249.7% |
| 1992 | 6.14 % change on previous year | -193.3% |
| 1993 | -1.5 % change on previous year | -124.5% |
| 1994 | 5.97 % change on previous year | -496.8% |
| 1995 | 1.31 % change on previous year | -78.1% |
| 1996 | -0.5522 % change on previous year | -142.2% |
| 1997 | 7.69 % change on previous year | -1492.4% |
| 1998 | -0.7392 % change on previous year | -109.6% |
| 1999 | 12.33 % change on previous year | -1767.9% |
| 2000 | 8.16 % change on previous year | -33.8% |
| 2001 | 25.98 % change on previous year | +218.5% |
| 2002 | 32 % change on previous year | +23.2% |
| 2003 | 20.52 % change on previous year | -35.9% |
| 2004 | 26.93 % change on previous year | +31.2% |
| 2005 | 21.95 % change on previous year | -18.5% |
| 2006 | -1.3 % change on previous year | -105.9% |
| 2007 | 7.84 % change on previous year | -701.1% |
| 2008 | 10.32 % change on previous year | +31.6% |
| 2009 | 12.1 % change on previous year | +17.3% |
| 2010 | 21.58 % change on previous year | +78.3% |
| 2011 | 11.6 % change on previous year | -46.2% |
| 2012 | -9.78 % change on previous year | -184.3% |
| 2013 | 9.49 % change on previous year | -197.0% |
| 2014 | 16.75 % change on previous year | +76.6% |
| 2015 | -1.32 % change on previous year | -107.9% |
| 2016 | 10.1 % change on previous year | -867.3% |
| 2017 | 22.51 % change on previous year | +122.9% |
| 2018 | -1.69 % change on previous year | -107.5% |
| 2019 | -0.1574 % change on previous year | -90.7% |
| 2020 | 1.33 % change on previous year | -942.3% |
| 2021 | 4.35 % change on previous year | +227.8% |
| 2022 | 0.2749 % change on previous year | -93.7% |
| 2023 | -3.97 % change on previous year | -1544.4% |
| 2024 | -2.28 % change on previous year | -42.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.41 % change on previous year | 9.98 % change on previous year | 24.65 % change on previous year | 9 |
| 1980s | 7.85 % change on previous year | 0.4453 % change on previous year | 16.09 % change on previous year | 10 |
| 1990s | 2.85 % change on previous year | -6.59 % change on previous year | 12.33 % change on previous year | 10 |
| 2000s | 16.45 % change on previous year | -1.3 % change on previous year | 32 % change on previous year | 10 |
| 2010s | 7.91 % change on previous year | -9.78 % change on previous year | 22.51 % change on previous year | 10 |
| 2020s | -0.0603 % change on previous year | -3.97 % change on previous year | 4.35 % change on previous year | 5 |
Countries ranked near Nepal
- 126 Indonesia -1.92 % change on previous year compare
- 127 Rwanda -1.96 % change on previous year compare
- 128 Kyrgyzstan -2.24 % change on previous year compare
- 130 Tanzania, United Republic of -2.68 % change on previous year compare
- 131 Malta -3 % change on previous year compare
- 132 United Arab Emirates -3.42 % change on previous year compare
More public sector data for Nepal
- Arms imports 0 SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 0 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate 428.57 % change on previous year (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 0 SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 14.38 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0099 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 426.52 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 3,045 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Nepal?
- Military expenditure (current usd), annual growth rate in Nepal was -2.28 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Nepal?
- The highest recorded value was 32 % change on previous year in 2002.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Nepal?
- The lowest recorded value was -9.78 % change on previous year in 2012.
- How does Nepal rank for military expenditure (current usd), annual growth rate?
- Nepal ranks 129th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Nepal?
- Over the last ten years it is down 113.6%. The long-run trend across the full record is volatile.
- Where does this Nepal 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 — 54 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.