Military expenditure (current USD), annual growth rate in Upper middle income
Upper middle income: Military expenditure (current USD), annual growth rate was 6.71 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Upper middle income, 1990–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Upper middle income is 6.71 % change on previous year, measured in 2024.
Compared with earlier readings it is down 40.0% on the previous year and up 64.5% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Upper middle income peaked at 22.26 % change on previous year in 2007 and was at its lowest, -21.1 % change on previous year, in 1993.
That places Upper middle income 23rd 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 Upper middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1990 | 4.89 % change on previous year | — |
| 1991 | 0.1645 % change on previous year | -96.6% |
| 1992 | 9.62 % change on previous year | +5746.5% |
| 1993 | -21.1 % change on previous year | -319.4% |
| 1994 | 7.09 % change on previous year | -133.6% |
| 1995 | 17.56 % change on previous year | +147.7% |
| 1996 | 9.29 % change on previous year | -47.1% |
| 1997 | 4.9 % change on previous year | -47.2% |
| 1998 | -2.19 % change on previous year | -144.7% |
| 1999 | 1.05 % change on previous year | -147.9% |
| 2000 | 6.43 % change on previous year | +514.2% |
| 2001 | 4.84 % change on previous year | -24.8% |
| 2002 | -4.95 % change on previous year | -202.4% |
| 2003 | 10.05 % change on previous year | -303.0% |
| 2004 | 13.76 % change on previous year | +36.8% |
| 2005 | 16.45 % change on previous year | +19.5% |
| 2006 | 16.42 % change on previous year | -0.2% |
| 2007 | 22.26 % change on previous year | +35.6% |
| 2008 | 22.11 % change on previous year | -0.7% |
| 2009 | 9.24 % change on previous year | -58.2% |
| 2010 | 12.65 % change on previous year | +36.9% |
| 2011 | 13.73 % change on previous year | +8.6% |
| 2012 | 10.3 % change on previous year | -25.0% |
| 2013 | 8.68 % change on previous year | -15.7% |
| 2014 | 4.08 % change on previous year | -53.0% |
| 2015 | -0.7076 % change on previous year | -117.3% |
| 2016 | -0.9589 % change on previous year | +35.5% |
| 2017 | 7.52 % change on previous year | -884.0% |
| 2018 | 5.62 % change on previous year | -25.2% |
| 2019 | -0.2048 % change on previous year | -103.6% |
| 2020 | 1.4 % change on previous year | -783.1% |
| 2021 | 8.19 % change on previous year | +485.2% |
| 2022 | 11.13 % change on previous year | +36.0% |
| 2023 | 11.2 % change on previous year | +0.6% |
| 2024 | 6.71 % change on previous year | -40.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.13 % change on previous year | -21.1 % change on previous year | 17.56 % change on previous year | 10 |
| 2000s | 11.66 % change on previous year | -4.95 % change on previous year | 22.26 % change on previous year | 10 |
| 2010s | 6.07 % change on previous year | -0.9589 % change on previous year | 13.73 % change on previous year | 10 |
| 2020s | 7.73 % change on previous year | 1.4 % change on previous year | 11.2 % change on previous year | 5 |
Countries ranked near Upper middle income
- 20 Luxembourg 31.57 % change on previous year compare
- 21 Germany 31.47 % change on previous year compare
- 22 Niger 31.32 % change on previous year compare
- 23 Montenegro 31.31 % change on previous year compare
- 24 Libya 29.54 % change on previous year compare
- 25 Serbia 29.27 % change on previous year compare
- 26 Czechia 29.05 % change on previous year compare
More public sector data for Upper middle income
- Arms imports 8.06 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.63 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 2.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.06 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 179.69 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0172 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 551.35 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 176.55 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 11,632 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Upper middle income?
- Military expenditure (current usd), annual growth rate in Upper middle income was 6.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Upper middle income?
- The highest recorded value was 22.26 % change on previous year in 2007.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Upper middle income?
- The lowest recorded value was -21.1 % change on previous year in 1993.
- How does Upper middle income rank for military expenditure (current usd), annual growth rate?
- Upper middle income ranks 23rd out of 41 groups with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Upper middle income?
- Over the last ten years it is up 64.5%. The long-run trend across the full record is volatile.
- Where does this Upper middle income 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
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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
- 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.