Military expenditure (current USD), annual growth rate in Singapore
Singapore: Military expenditure (current USD), annual growth rate was 6.2 % change on previous year in 2024. ◆ Volatile
Latest (2024)
6.2 % change on previous year
Change on year
down 65.9%
World rank
95th
of 164 countries
All-time high
32.56 % change on previous year
in 1973
All-time low
-5.78 % change on previous year
in 2020
Years of data
54
1971–2024
Military expenditure (current USD), annual growth rate in Singapore, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Singapore recorded 6.2 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
The figure is down 65.9% on the previous year and up 131.0% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Singapore peaked at 32.56 % change on previous year in 1973 and was at its lowest, -5.78 % change on previous year, in 2020.
Singapore ranks 95th of 164 countries on this measure, 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 Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 23.59 % change on previous year | — |
| 1972 | 17.14 % change on previous year | -27.3% |
| 1973 | 32.56 % change on previous year | +89.9% |
| 1974 | 13.58 % change on previous year | -58.3% |
| 1975 | 19.15 % change on previous year | +41.0% |
| 1976 | 13.79 % change on previous year | -28.0% |
| 1977 | 24.24 % change on previous year | +75.8% |
| 1978 | 10.08 % change on previous year | -58.4% |
| 1979 | 7.95 % change on previous year | -21.1% |
| 1980 | 23.87 % change on previous year | +200.2% |
| 1981 | 21.59 % change on previous year | -9.5% |
| 1982 | 8.42 % change on previous year | -61.0% |
| 1983 | -0.7268 % change on previous year | -108.6% |
| 1984 | 25.33 % change on previous year | -3585.6% |
| 1985 | 14.26 % change on previous year | -43.7% |
| 1986 | -2.71 % change on previous year | -119.0% |
| 1987 | 3.06 % change on previous year | -212.8% |
| 1988 | 14.59 % change on previous year | +377.5% |
| 1989 | 16.96 % change on previous year | +16.3% |
| 1990 | 27.75 % change on previous year | +63.6% |
| 1991 | 12.26 % change on previous year | -55.8% |
| 1992 | 15.29 % change on previous year | +24.7% |
| 1993 | 6.4 % change on previous year | -58.1% |
| 1994 | 12.72 % change on previous year | +98.7% |
| 1995 | 31.3 % change on previous year | +146.1% |
| 1996 | 11.64 % change on previous year | -62.8% |
| 1997 | 8.71 % change on previous year | -25.2% |
| 1998 | 0.2012 % change on previous year | -97.7% |
| 1999 | 0.6023 % change on previous year | +199.3% |
| 2000 | -3.62 % change on previous year | -700.3% |
| 2001 | -0.4988 % change on previous year | -86.2% |
| 2002 | 5.08 % change on previous year | -1118.9% |
| 2003 | 4.32 % change on previous year | -15.0% |
| 2004 | 6.77 % change on previous year | +56.7% |
| 2005 | 8.34 % change on previous year | +23.2% |
| 2006 | 6.71 % change on previous year | -19.5% |
| 2007 | 11.8 % change on previous year | +75.8% |
| 2008 | 14.36 % change on previous year | +21.7% |
| 2009 | 1.12 % change on previous year | -92.2% |
| 2010 | 7.58 % change on previous year | +576.9% |
| 2011 | 10.03 % change on previous year | +32.4% |
| 2012 | 2.8 % change on previous year | -72.1% |
| 2013 | 1.89 % change on previous year | -32.3% |
| 2014 | 2.68 % change on previous year | +41.7% |
| 2015 | -2.22 % change on previous year | -182.6% |
| 2016 | 5.22 % change on previous year | -335.3% |
| 2017 | 3.09 % change on previous year | -40.7% |
| 2018 | 3.96 % change on previous year | +28.1% |
| 2019 | -1.69 % change on previous year | -142.8% |
| 2020 | -5.78 % change on previous year | +240.9% |
| 2021 | 12.41 % change on previous year | -314.7% |
| 2022 | 8.89 % change on previous year | -28.4% |
| 2023 | 18.21 % change on previous year | +105.0% |
| 2024 | 6.2 % change on previous year | -65.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.01 % change on previous year | 7.95 % change on previous year | 32.56 % change on previous year | 9 |
| 1980s | 12.46 % change on previous year | -2.71 % change on previous year | 25.33 % change on previous year | 10 |
| 1990s | 12.69 % change on previous year | 0.2012 % change on previous year | 31.3 % change on previous year | 10 |
| 2000s | 5.44 % change on previous year | -3.62 % change on previous year | 14.36 % change on previous year | 10 |
| 2010s | 3.33 % change on previous year | -2.22 % change on previous year | 10.03 % change on previous year | 10 |
| 2020s | 7.99 % change on previous year | -5.78 % change on previous year | 18.21 % change on previous year | 5 |
Countries ranked near Singapore
- 92 Bangladesh 6.66 % change on previous year compare
- 93 Morocco 6.42 % change on previous year compare
- 94 Syrian Arab Republic 6.35 % change on previous year compare
- 96 Azerbaijan 6.05 % change on previous year compare
- 97 Fiji 5.85 % change on previous year compare
- 98 China 5.67 % change on previous year compare
More public sector data for Singapore
- Arms imports 348.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 57.65 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -27.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 348.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,495 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0263 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 15.06 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 672,702 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 19.75 million current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Singapore?
- Military expenditure (current usd), annual growth rate in Singapore was 6.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Singapore?
- The highest recorded value was 32.56 % change on previous year in 1973.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Singapore?
- The lowest recorded value was -5.78 % change on previous year in 2020.
- How does Singapore rank for military expenditure (current usd), annual growth rate?
- Singapore ranks 95th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Singapore?
- Over the last ten years it is up 131.0%. The long-run trend across the full record is volatile.
- Where does this Singapore 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.