Military expenditure (current USD), gaps filled in Heavily indebted poor countries (HIPC)

Heavily indebted poor countries (HIPC): Military expenditure (current USD), gaps filled was 13.44 billion current USD in 2024. ◆ Volatile

Latest (2024)
13.44 billion current USD
Change on year
up 4.7%
Rank
38th
of 41 groups
All-time high
13.44 billion current USD
in 2024
All-time low
326.48 million current USD
in 1968
Years of data
57
1968–2024

Military expenditure (current USD), gaps filled in Heavily indebted poor countries (HIPC), 1968–2024

05.0B10.0B15.0B196819962024

Source: Statizoid (derived). Measured in current USD.

Analysis

The most recent figure for military expenditure (current usd), gaps filled in Heavily indebted poor countries (HIPC) is 13.44 billion current USD, measured in 2024. That is the highest value across all 57 years on record.

Compared with earlier readings it is up 4.7% on the previous year and up 79.0% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Heavily indebted poor countries (HIPC) peaked at 13.44 billion current USD in 2024 and was at its lowest, 326.48 million current USD, in 1968.

That places Heavily indebted poor countries (HIPC) 38th out of 41 groups with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 360.23 million current USD 326.48 million current USD 393.98 million current USD 2
1970s 1.18 billion current USD 503.52 million current USD 2.46 billion current USD 10
1980s 2.48 billion current USD 2.17 billion current USD 2.78 billion current USD 10
1990s 2.48 billion current USD 1.47 billion current USD 4.76 billion current USD 10
2000s 4.56 billion current USD 2.33 billion current USD 8.22 billion current USD 10
2010s 7.92 billion current USD 5.42 billion current USD 11.69 billion current USD 10
2020s 11.84 billion current USD 10.21 billion current USD 13.44 billion current USD 5

Countries ranked near Heavily indebted poor countries (HIPC)

  1. 35 Iran 7.89 billion current USD compare
  2. 36 Kuwait 7.79 billion current USD compare
  3. 37 Finland 6.99 billion current USD compare
  4. 38 Switzerland 6.72 billion current USD compare
  5. 39 Czechia 6.52 billion current USD compare
  6. 40 Iraq 6.18 billion current USD compare
  7. 41 Philippines 6.12 billion current USD compare

See the full ranking of 211 places →

More public sector data for Heavily indebted poor countries (HIPC)

All data for Heavily indebted poor countries (HIPC) →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Heavily indebted poor countries (HIPC)?
Military expenditure (current usd), gaps filled in Heavily indebted poor countries (HIPC) was 13.44 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Heavily indebted poor countries (HIPC)?
The highest recorded value was 13.44 billion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Heavily indebted poor countries (HIPC)?
The lowest recorded value was 326.48 million current USD in 1968.
How does Heavily indebted poor countries (HIPC) rank for military expenditure (current usd), gaps filled?
Heavily indebted poor countries (HIPC) ranks 38th out of 41 groups with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Heavily indebted poor countries (HIPC)?
Over the last ten years it is up 79.0%. The long-run trend across the full record is volatile.
Where does this Heavily indebted poor countries (HIPC) data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Heavily indebted poor countries (HIPC). Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/heavily-indebted-poor-countries-hipc/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/heavily-indebted-poor-countries-hipc/">Military expenditure (current USD), gaps filled in Heavily indebted poor countries (HIPC)</a> — Statizoid

How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.