Military expenditure (current USD), annual growth rate in OECD members
OECD members: Military expenditure (current USD), annual growth rate was 12.54 % change on previous year in 2024. ◆ Volatile
Latest (2024)
12.54 % change on previous year
Change on year
up 31.8%
Rank
12th
of 41 groups
All-time high
16.86 % change on previous year
in 2003
All-time low
-5.99 % change on previous year
in 2015
Years of data
64
1961–2024
Military expenditure (current USD), annual growth rate in OECD members, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in OECD members is 12.54 % change on previous year, measured in 2024.
The figure is up 31.8% on the previous year and up 616.8% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in OECD members peaked at 16.86 % change on previous year in 2003 and was at its lowest, -5.99 % change on previous year, in 2015.
That places OECD members 12th 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 OECD members, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.61 % change on previous year | — |
| 1962 | 10.12 % change on previous year | +80.3% |
| 1963 | 2.54 % change on previous year | -74.9% |
| 1964 | 0.5689 % change on previous year | -77.6% |
| 1965 | 3.2 % change on previous year | +462.2% |
| 1966 | 16.23 % change on previous year | +407.6% |
| 1967 | 14.32 % change on previous year | -11.8% |
| 1968 | 6.02 % change on previous year | -57.9% |
| 1969 | 2.3 % change on previous year | -61.9% |
| 1970 | 1.57 % change on previous year | -31.5% |
| 1971 | 0.0365 % change on previous year | -97.7% |
| 1972 | 8.41 % change on previous year | +22919.8% |
| 1973 | 9.54 % change on previous year | +13.4% |
| 1974 | 11.8 % change on previous year | +23.7% |
| 1975 | 9.31 % change on previous year | -21.1% |
| 1976 | 3.35 % change on previous year | -64.1% |
| 1977 | 11.09 % change on previous year | +231.4% |
| 1978 | 9.84 % change on previous year | -11.3% |
| 1979 | 10.66 % change on previous year | +8.3% |
| 1980 | 14.18 % change on previous year | +33.0% |
| 1981 | 9.38 % change on previous year | -33.8% |
| 1982 | 13.97 % change on previous year | +48.8% |
| 1983 | -0.2172 % change on previous year | -101.6% |
| 1984 | 4.97 % change on previous year | -2388.6% |
| 1985 | 7.63 % change on previous year | +53.4% |
| 1986 | 14.58 % change on previous year | +91.2% |
| 1987 | 9.16 % change on previous year | -37.2% |
| 1988 | 4.89 % change on previous year | -46.6% |
| 1989 | 2.02 % change on previous year | -58.6% |
| 1990 | 7.56 % change on previous year | +273.7% |
| 1991 | -2.64 % change on previous year | -134.9% |
| 1992 | 6.02 % change on previous year | -328.3% |
| 1993 | -4.05 % change on previous year | -167.3% |
| 1994 | -0.2136 % change on previous year | -94.7% |
| 1995 | 1.52 % change on previous year | -809.8% |
| 1996 | -1.62 % change on previous year | -207.1% |
| 1997 | -2.46 % change on previous year | +51.7% |
| 1998 | -1.35 % change on previous year | -45.2% |
| 1999 | 2.59 % change on previous year | -291.9% |
| 2000 | 1.86 % change on previous year | -28.0% |
| 2001 | 0.4299 % change on previous year | -76.9% |
| 2002 | 10.85 % change on previous year | +2424.7% |
| 2003 | 16.86 % change on previous year | +55.3% |
| 2004 | 12.09 % change on previous year | -28.3% |
| 2005 | 6.34 % change on previous year | -47.5% |
| 2006 | 4.28 % change on previous year | -32.5% |
| 2007 | 8.32 % change on previous year | +94.5% |
| 2008 | 10.41 % change on previous year | +25.1% |
| 2009 | 2.77 % change on previous year | -73.4% |
| 2010 | 3.25 % change on previous year | +17.2% |
| 2011 | 3.54 % change on previous year | +8.9% |
| 2012 | -3.51 % change on previous year | -199.1% |
| 2013 | -4.46 % change on previous year | +27.1% |
| 2014 | -2.43 % change on previous year | -45.6% |
| 2015 | -5.99 % change on previous year | +147.0% |
| 2016 | 1.35 % change on previous year | -122.5% |
| 2017 | 2.57 % change on previous year | +90.0% |
| 2018 | 6.49 % change on previous year | +153.0% |
| 2019 | 4.96 % change on previous year | -23.6% |
| 2020 | 5.69 % change on previous year | +14.6% |
| 2021 | 5.99 % change on previous year | +5.4% |
| 2022 | 2.53 % change on previous year | -57.7% |
| 2023 | 9.51 % change on previous year | +275.6% |
| 2024 | 12.54 % change on previous year | +31.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.77 % change on previous year | 0.5689 % change on previous year | 16.23 % change on previous year | 9 |
| 1970s | 7.56 % change on previous year | 0.0365 % change on previous year | 11.8 % change on previous year | 10 |
| 1980s | 8.06 % change on previous year | -0.2172 % change on previous year | 14.58 % change on previous year | 10 |
| 1990s | 0.5347 % change on previous year | -4.05 % change on previous year | 7.56 % change on previous year | 10 |
| 2000s | 7.42 % change on previous year | 0.4299 % change on previous year | 16.86 % change on previous year | 10 |
| 2010s | 0.5769 % change on previous year | -5.99 % change on previous year | 6.49 % change on previous year | 10 |
| 2020s | 7.25 % change on previous year | 2.53 % change on previous year | 12.54 % change on previous year | 5 |
Countries ranked near OECD members
- 9 Chad 49.62 % change on previous year compare
- 10 Poland 44.25 % change on previous year compare
- 11 Somalia 43.19 % change on previous year compare
- 12 Mexico 41.44 % change on previous year compare
- 13 Colombia 40.05 % change on previous year compare
- 14 Netherlands 39.43 % change on previous year compare
- 15 Sweden 37.53 % change on previous year compare
More public sector data for OECD members
- Arms imports 11.87 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 8.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 26.58 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.87 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,238 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0253 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 1.73 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 265.52 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 43,490 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in OECD members?
- Military expenditure (current usd), annual growth rate in OECD members was 12.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in OECD members?
- The highest recorded value was 16.86 % change on previous year in 2003.
- What is the lowest military expenditure (current usd), annual growth rate recorded in OECD members?
- The lowest recorded value was -5.99 % change on previous year in 2015.
- How does OECD members rank for military expenditure (current usd), annual growth rate?
- OECD members ranks 12th out of 41 groups with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in OECD members?
- Over the last ten years it is up 616.8%. The long-run trend across the full record is volatile.
- Where does this OECD members 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 — 64 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.