Military expenditure (current USD), annual growth rate in Saudi Arabia

Saudi Arabia: Military expenditure (current USD), annual growth rate was 3.3 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.3 % change on previous year
Change on year
down 65.8%
World rank
114th
of 164 countries
All-time high
69 % change on previous year
in 1966
All-time low
-49.21 % change on previous year
in 1961
Years of data
58
1961–2024

Military expenditure (current USD), annual growth rate in Saudi Arabia, 1961–2024

-50-250255075196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military expenditure (current usd), annual growth rate in Saudi Arabia is 3.3 % change on previous year, measured in 2024.

Compared with earlier readings it is down 65.8% on the previous year and down 83.9% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Saudi Arabia peaked at 69 % change on previous year in 1966 and was at its lowest, -49.21 % change on previous year, in 1961.

That places Saudi Arabia 114th 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.

Military expenditure (current USD), annual growth rate in Saudi Arabia, year by year

Annual values for Military expenditure (current USD), annual growth rate in Saudi Arabia, 1961 to 2024.
Year % change on previous year Change
1961 -49.21 % change on previous year
1962 17.7 % change on previous year -136.0%
1963 35.09 % change on previous year +98.2%
1964 8.59 % change on previous year -75.5%
1965 43.88 % change on previous year +410.6%
1966 69 % change on previous year +57.2%
1967 11.91 % change on previous year -82.7%
1968 0.7272 % change on previous year -93.9%
1969 26.77 % change on previous year +3581.4%
1970 9.83 % change on previous year -63.3%
1971 24.54 % change on previous year +149.5%
1972 58.46 % change on previous year +138.2%
1973 68.24 % change on previous year +16.7%
1978 15.7 % change on previous year -77.0%
1979 31.43 % change on previous year +100.1%
1980 17.64 % change on previous year -43.9%
1981 17.73 % change on previous year +0.5%
1982 11.05 % change on previous year -37.7%
1983 -19.28 % change on previous year -274.5%
1984 3.65 % change on previous year -119.0%
1985 -22.12 % change on previous year -705.2%
1988 -7.65 % change on previous year -65.4%
1989 -4.53 % change on previous year -40.8%
1990 28.28 % change on previous year -724.4%
1991 0 % change on previous year -100.0%
1992 -6.08 % change on previous year
1993 7.1 % change on previous year -216.7%
1994 -13.2 % change on previous year -285.9%
1995 -7.56 % change on previous year -42.7%
1996 1.06 % change on previous year -114.0%
1997 35.88 % change on previous year +3290.5%
1998 15.09 % change on previous year -58.0%
1999 -12.18 % change on previous year -180.7%
2000 8.98 % change on previous year -173.7%
2001 5.32 % change on previous year -40.7%
2002 -12.01 % change on previous year -325.6%
2003 1.33 % change on previous year -111.1%
2004 11.54 % change on previous year +769.1%
2005 21.43 % change on previous year +85.8%
2006 16.5 % change on previous year -23.0%
2007 19.91 % change on previous year +20.7%
2008 7.76 % change on previous year -61.0%
2009 7.96 % change on previous year +2.6%
2010 9.64 % change on previous year +21.0%
2011 7.26 % change on previous year -24.6%
2012 16.42 % change on previous year +126.0%
2013 18.62 % change on previous year +13.4%
2014 20.5 % change on previous year +10.1%
2015 7.95 % change on previous year -61.2%
2016 -26.97 % change on previous year -439.1%
2017 10.57 % change on previous year -139.2%
2018 5.98 % change on previous year -43.4%
2019 -12.4 % change on previous year -307.2%
2020 -1.23 % change on previous year -90.1%
2021 -2.11 % change on previous year +71.7%
2022 12.22 % change on previous year -678.7%
2023 9.65 % change on previous year -21.0%
2024 3.3 % change on previous year -65.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 18.27 % change on previous year -49.21 % change on previous year 69 % change on previous year 9
1970s 34.7 % change on previous year 9.83 % change on previous year 68.24 % change on previous year 6
1980s -0.4365 % change on previous year -22.12 % change on previous year 17.73 % change on previous year 8
1990s 4.84 % change on previous year -13.2 % change on previous year 35.88 % change on previous year 10
2000s 8.87 % change on previous year -12.01 % change on previous year 21.43 % change on previous year 10
2010s 5.76 % change on previous year -26.97 % change on previous year 20.5 % change on previous year 10
2020s 4.37 % change on previous year -2.11 % change on previous year 12.22 % change on previous year 5

Countries ranked near Saudi Arabia

  1. 111 Gambia 3.46 % change on previous year compare
  2. 112 Benin 3.4 % change on previous year compare
  3. 113 Spain 3.33 % change on previous year compare
  4. 115 Guinea-Bissau 3.07 % change on previous year compare
  5. 116 Italy 2.79 % change on previous year compare
  6. 117 Oman 2.33 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Saudi Arabia?
Military expenditure (current usd), annual growth rate in Saudi Arabia was 3.3 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Saudi Arabia?
The highest recorded value was 69 % change on previous year in 1966.
What is the lowest military expenditure (current usd), annual growth rate recorded in Saudi Arabia?
The lowest recorded value was -49.21 % change on previous year in 1961.
How does Saudi Arabia rank for military expenditure (current usd), annual growth rate?
Saudi Arabia ranks 114th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Saudi Arabia?
Over the last ten years it is down 83.9%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia 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.

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Military expenditure (current USD), annual growth rate in Saudi Arabia. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/saudi-arabia/

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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

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

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

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.