Military expenditure (current USD), annual growth rate in World
World: Military expenditure (current USD), annual growth rate was 11.18 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in World, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, military expenditure (current usd), annual growth rate in World stood at 11.18 % change on previous year.
Compared with earlier readings it is up 35.5% on the previous year and up 56,179.6% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in World peaked at 16.79 % change on previous year in 2003 and was at its lowest, -5.86 % change on previous year, in 2015.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.35 % change on previous year | 10.15 % change on previous year | 10.54 % change on previous year | 2 |
| 1980s | 7.6 % change on previous year | -1.36 % change on previous year | 14.72 % change on previous year | 10 |
| 1990s | 0.9518 % change on previous year | -4.3 % change on previous year | 8.27 % change on previous year | 10 |
| 2000s | 8.19 % change on previous year | 1.68 % change on previous year | 16.79 % change on previous year | 10 |
| 2010s | 1.8 % change on previous year | -5.86 % change on previous year | 6.14 % change on previous year | 10 |
| 2020s | 7.41 % change on previous year | 4.15 % change on previous year | 11.18 % change on previous year | 5 |
Countries ranked near World
- 1 Lebanon 122.03 % change on previous year compare
- 2 Myanmar 100.97 % change on previous year compare
- 3 South Sudan 88.44 % change on previous year compare
- 4 Guyana 84.04 % change on previous year compare
- 5 Israel 69.12 % change on previous year compare
- 6 Haiti 67.58 % change on previous year compare
More public sector data for World
- Arms imports 28.82 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.54 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 -2.86 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 28.82 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 325.74 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0237 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 2.65 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 228.6 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 18,380 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in World?
- Military expenditure (current usd), annual growth rate in World was 11.18 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in World?
- The highest recorded value was 16.79 % change on previous year in 2003.
- What is the lowest military expenditure (current usd), annual growth rate recorded in World?
- The lowest recorded value was -5.86 % change on previous year in 2015.
- How does World rank for military expenditure (current usd), annual growth rate?
- World ranks 3rd out of 3 groups with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in World?
- Over the last ten years it is up 56,179.6%. The long-run trend across the full record is volatile.
- Where does this World 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 — 47 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.