Military expenditure (current USD), annual growth rate in Sri Lanka
Sri Lanka: Military expenditure (current USD), annual growth rate was 14.37 % change on previous year in 2024. ◆ Volatile
Latest (2024)
14.37 % change on previous year
Change on year
down 12.2%
World rank
59th
of 164 countries
All-time high
238.91 % change on previous year
in 1985
All-time low
-34.92 % change on previous year
in 2022
Years of data
62
1961–2024
Military expenditure (current USD), annual growth rate in Sri Lanka, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, military expenditure (current usd), annual growth rate in Sri Lanka stood at 14.37 % change on previous year.
That represents a change of down 12.2% on the previous year and down 26.7% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Sri Lanka peaked at 238.91 % change on previous year in 1985 and was at its lowest, -34.92 % change on previous year, in 2022.
Sri Lanka ranks 59th 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 Sri Lanka, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 2.59 % change on previous year | — |
| 1962 | -7.22 % change on previous year | -379.4% |
| 1963 | -12.19 % change on previous year | +68.8% |
| 1964 | 0.1509 % change on previous year | -101.2% |
| 1965 | 3.84 % change on previous year | +2446.2% |
| 1966 | 5.59 % change on previous year | +45.4% |
| 1967 | 2.8 % change on previous year | -49.8% |
| 1968 | -8.95 % change on previous year | -419.1% |
| 1969 | 10.89 % change on previous year | -221.7% |
| 1970 | 32.65 % change on previous year | +199.7% |
| 1971 | 53.3 % change on previous year | +63.3% |
| 1974 | 13.01 % change on previous year | -75.6% |
| 1975 | 7.25 % change on previous year | -44.3% |
| 1976 | -22.34 % change on previous year | -408.0% |
| 1977 | 18.64 % change on previous year | -183.4% |
| 1978 | -21.85 % change on previous year | -217.2% |
| 1979 | 27.92 % change on previous year | -227.8% |
| 1980 | 9.75 % change on previous year | -65.1% |
| 1981 | -10.15 % change on previous year | -204.0% |
| 1982 | -6.18 % change on previous year | -39.1% |
| 1983 | 76.91 % change on previous year | -1345.3% |
| 1984 | 21.32 % change on previous year | -72.3% |
| 1985 | 238.91 % change on previous year | +1020.5% |
| 1986 | -8.58 % change on previous year | -103.6% |
| 1987 | 31.24 % change on previous year | -464.2% |
| 1988 | -27 % change on previous year | -186.4% |
| 1989 | -24.05 % change on previous year | -10.9% |
| 1990 | 48.81 % change on previous year | -302.9% |
| 1991 | 48.32 % change on previous year | -1.0% |
| 1992 | 17.8 % change on previous year | -63.2% |
| 1993 | 8.57 % change on previous year | -51.8% |
| 1994 | 23.18 % change on previous year | +170.3% |
| 1995 | 74.74 % change on previous year | +222.4% |
| 1996 | 0.4507 % change on previous year | -99.4% |
| 1997 | -8.91 % change on previous year | -2075.8% |
| 1998 | 4.96 % change on previous year | -155.7% |
| 1999 | -13.96 % change on previous year | -381.7% |
| 2000 | 30.29 % change on previous year | -316.9% |
| 2001 | -17.89 % change on previous year | -159.1% |
| 2002 | -15.31 % change on previous year | -14.4% |
| 2003 | -5.24 % change on previous year | -65.8% |
| 2004 | 14.33 % change on previous year | -373.4% |
| 2005 | 4.02 % change on previous year | -71.9% |
| 2006 | 22.86 % change on previous year | +468.5% |
| 2007 | 33.27 % change on previous year | +45.5% |
| 2008 | 43.28 % change on previous year | +30.1% |
| 2009 | 0.7192 % change on previous year | -98.3% |
| 2010 | 0.6438 % change on previous year | -10.5% |
| 2011 | 14.44 % change on previous year | +2143.6% |
| 2012 | -15.88 % change on previous year | -209.9% |
| 2013 | 8.54 % change on previous year | -153.8% |
| 2014 | 19.6 % change on previous year | +129.5% |
| 2015 | 7.48 % change on previous year | -61.8% |
| 2016 | -15.38 % change on previous year | -305.5% |
| 2017 | 7.18 % change on previous year | -146.7% |
| 2018 | -12.19 % change on previous year | -269.8% |
| 2019 | -4.81 % change on previous year | -60.6% |
| 2020 | -4.72 % change on previous year | -1.8% |
| 2021 | 3.58 % change on previous year | -175.9% |
| 2022 | -34.92 % change on previous year | -1074.9% |
| 2023 | 16.35 % change on previous year | -146.8% |
| 2024 | 14.37 % change on previous year | -12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -0.2779 % change on previous year | -12.19 % change on previous year | 10.89 % change on previous year | 9 |
| 1970s | 13.57 % change on previous year | -22.34 % change on previous year | 53.3 % change on previous year | 8 |
| 1980s | 30.22 % change on previous year | -27 % change on previous year | 238.91 % change on previous year | 10 |
| 1990s | 20.4 % change on previous year | -13.96 % change on previous year | 74.74 % change on previous year | 10 |
| 2000s | 11.03 % change on previous year | -17.89 % change on previous year | 43.28 % change on previous year | 10 |
| 2010s | 0.9632 % change on previous year | -15.88 % change on previous year | 19.6 % change on previous year | 10 |
| 2020s | -1.07 % change on previous year | -34.92 % change on previous year | 16.35 % change on previous year | 5 |
Countries ranked near Sri Lanka
- 56 Uruguay 14.91 % change on previous year compare
- 57 Japan 14.7 % change on previous year compare
- 58 Senegal 14.69 % change on previous year compare
- 60 Greece 14.36 % change on previous year compare
- 61 Uganda 14.34 % change on previous year compare
- 62 Jamaica 13.96 % change on previous year compare
More public sector data for Sri Lanka
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4107 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 80 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 60.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0134 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 1.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 80.83 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 18,846 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Sri Lanka?
- Military expenditure (current usd), annual growth rate in Sri Lanka was 14.37 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Sri Lanka?
- The highest recorded value was 238.91 % change on previous year in 1985.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Sri Lanka?
- The lowest recorded value was -34.92 % change on previous year in 2022.
- How does Sri Lanka rank for military expenditure (current usd), annual growth rate?
- Sri Lanka ranks 59th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Sri Lanka?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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 — 62 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.