Military expenditure (current USD), annual growth rate in United Kingdom

United Kingdom: Military expenditure (current USD), annual growth rate was 8.58 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.58 % change on previous year
Change on year
down 51.1%
World rank
82nd
of 164 countries
All-time high
38.04 % change on previous year
in 1980
All-time low
-16.4 % change on previous year
in 1993
Years of data
64
1961–2024

Military expenditure (current USD), annual growth rate in United Kingdom, 1961–2024

-2002040196119922024

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

Analysis

United Kingdom recorded 8.58 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

Compared with earlier readings it is down 51.1% on the previous year and up 73.4% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in United Kingdom peaked at 38.04 % change on previous year in 1980 and was at its lowest, -16.4 % change on previous year, in 1993.

United Kingdom ranks 82nd 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 United Kingdom, year by year

Annual values for Military expenditure (current USD), annual growth rate in United Kingdom, 1961 to 2024.
Year % change on previous year Change
1961 3.48 % change on previous year
1962 5.44 % change on previous year +56.4%
1963 3.82 % change on previous year -29.8%
1964 6.01 % change on previous year +57.4%
1965 5.12 % change on previous year -14.8%
1966 3.35 % change on previous year -34.6%
1967 3.6 % change on previous year +7.6%
1968 -10.28 % change on previous year -385.4%
1969 -0.3344 % change on previous year -96.7%
1970 9.56 % change on previous year -2957.6%
1971 10.69 % change on previous year +11.9%
1972 16.9 % change on previous year +58.1%
1973 7.48 % change on previous year -55.7%
1974 10.63 % change on previous year +42.0%
1975 23.51 % change on previous year +121.2%
1976 -6.73 % change on previous year -128.6%
1977 7.59 % change on previous year -212.7%
1978 22.74 % change on previous year +199.7%
1979 29.23 % change on previous year +28.6%
1980 38.04 % change on previous year +30.1%
1981 -4.98 % change on previous year -113.1%
1982 2.84 % change on previous year -157.1%
1983 -4.66 % change on previous year -263.9%
1984 -3.8 % change on previous year -18.4%
1985 2.41 % change on previous year -163.5%
1986 16.91 % change on previous year +600.9%
1987 14.75 % change on previous year -12.7%
1988 9.84 % change on previous year -33.3%
1989 -2.35 % change on previous year -123.9%
1990 16.25 % change on previous year -792.3%
1991 8.04 % change on previous year -50.5%
1992 -3.09 % change on previous year -138.4%
1993 -16.4 % change on previous year +431.2%
1994 1.2 % change on previous year -107.3%
1995 -0.7122 % change on previous year -159.6%
1996 0.7098 % change on previous year -199.7%
1997 3.43 % change on previous year +383.6%
1998 3.34 % change on previous year -2.7%
1999 -1.12 % change on previous year -133.5%
2000 -3.48 % change on previous year +210.3%
2001 0.4293 % change on previous year -112.4%
2002 11.98 % change on previous year +2690.1%
2003 18.3 % change on previous year +52.8%
2004 15.11 % change on previous year -17.5%
2005 2.33 % change on previous year -84.6%
2006 4.16 % change on previous year +78.6%
2007 14.37 % change on previous year +245.6%
2008 -0.7251 % change on previous year -105.0%
2009 -12.21 % change on previous year +1584.2%
2010 -0.0491 % change on previous year -99.6%
2011 4.05 % change on previous year -8354.0%
2012 -1.68 % change on previous year -141.4%
2013 -2.47 % change on previous year +47.0%
2014 4.95 % change on previous year -300.5%
2015 -10.46 % change on previous year -311.4%
2016 -11.11 % change on previous year +6.2%
2017 -2.35 % change on previous year -78.9%
2018 7.22 % change on previous year -407.3%
2019 1.32 % change on previous year -81.8%
2020 3.12 % change on previous year +137.1%
2021 11.69 % change on previous year +274.5%
2022 -1.66 % change on previous year -114.2%
2023 17.53 % change on previous year -1158.9%
2024 8.58 % change on previous year -51.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.24 % change on previous year -10.28 % change on previous year 6.01 % change on previous year 9
1970s 13.16 % change on previous year -6.73 % change on previous year 29.23 % change on previous year 10
1980s 6.9 % change on previous year -4.98 % change on previous year 38.04 % change on previous year 10
1990s 1.16 % change on previous year -16.4 % change on previous year 16.25 % change on previous year 10
2000s 5.03 % change on previous year -12.21 % change on previous year 18.3 % change on previous year 10
2010s -1.06 % change on previous year -11.11 % change on previous year 7.22 % change on previous year 10
2020s 7.85 % change on previous year -1.66 % change on previous year 17.53 % change on previous year 5

Countries ranked near United Kingdom

  1. 79 Tunisia 8.73 % change on previous year compare
  2. 80 France 8.71 % change on previous year compare
  3. 81 Hungary 8.71 % change on previous year compare
  4. 83 Vietnam 8.4 % change on previous year compare
  5. 84 Cambodia 7.87 % change on previous year compare
  6. 85 Canada 7.78 % change on previous year compare

See the full ranking of 208 places →

More public sector data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in United Kingdom?
Military expenditure (current usd), annual growth rate in United Kingdom was 8.58 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in United Kingdom?
The highest recorded value was 38.04 % change on previous year in 1980.
What is the lowest military expenditure (current usd), annual growth rate recorded in United Kingdom?
The lowest recorded value was -16.4 % change on previous year in 1993.
How does United Kingdom rank for military expenditure (current usd), annual growth rate?
United Kingdom ranks 82nd out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in United Kingdom?
Over the last ten years it is up 73.4%. The long-run trend across the full record is volatile.
Where does this United Kingdom 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 United Kingdom. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/united-kingdom/

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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.