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
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% |
Nepal compared with similar countries
- Nepal's -2.28 % change on previous year is below the median for lower middle income countries, which is 5.23 % change on previous year. (40 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), annual growth rate in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +1767.9% | -0.7392 % change on previous year | 12.33 % change on previous year |
| 2023 | -1544.4% | 0.2749 % change on previous year | -3.97 % change on previous year |
| 1997 | +1492.4% | -0.5522 % change on previous year | 7.69 % change on previous year |
| 2020 | +942.3% | -0.1574 % change on previous year | 1.33 % change on previous year |
| 1985 | +915.3% | 0.4453 % change on previous year | 4.52 % change on previous year |
| 2016 | +867.3% | -1.32 % change on previous year | 10.1 % change on previous year |
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 -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
- Democracy, annual growth rate 0 % change on previous year (2025)
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- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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.