Military expenditure (current USD), gaps filled in IDA & IBRD total

IDA & IBRD total: Military expenditure (current USD), gaps filled was 894.64 billion current USD in 2024. ◆ Volatile

Latest (2024)
894.64 billion current USD
Change on year
up 12.1%
Rank
5th
of 41 groups
All-time high
894.64 billion current USD
in 2024
All-time low
75.41 billion current USD
in 1987
Years of data
38
1987–2024

Military expenditure (current USD), gaps filled in IDA & IBRD total, 1987–2024

0200.0B400.0B600.0B800.0B1987200520241987: 75.4B current USD1988: 82.0B current USD1989: 90.6B current USD1990: 93.8B current USD1991: 90.4B current USD1992: 95.3B current USD1993: 91.6B current USD1994: 103.2B current USD1995: 114.3B current USD1996: 124.0B current USD1997: 132.6B current USD1998: 123.0B current USD1999: 125.4B current USD2000: 134.5B current USD2001: 142.0B current USD2002: 142.7B current USD2003: 169.7B current USD2004: 199.2B current USD2005: 232.5B current USD2006: 232.1B current USD2007: 281.6B current USD2008: 343.8B current USD2009: 359.0B current USD2010: 402.9B current USD2011: 455.7B current USD2012: 495.2B current USD2013: 534.6B current USD2014: 548.6B current USD2015: 523.0B current USD2016: 526.3B current USD2017: 563.1B current USD2018: 581.1B current USD2019: 587.1B current USD2020: 594.1B current USD2021: 642.2B current USD2022: 724.9B current USD2023: 798.2B current USD2024: 894.6B current USD

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

Analysis

IDA & IBRD total recorded 894.64 billion current USD for military expenditure (current usd), gaps filled in 2024. That is the highest value across all 38 years on record.

Compared with earlier readings it is up 12.1% on the previous year and up 63.1% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in IDA & IBRD total peaked at 894.64 billion current USD in 2024 and was at its lowest, 75.41 billion current USD, in 1987.

IDA & IBRD total ranks 5th of 41 groups on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 82.69 billion current USD 75.41 billion current USD 90.62 billion current USD 3
1990s 109.39 billion current USD 90.42 billion current USD 132.60 billion current USD 10
2000s 223.71 billion current USD 134.50 billion current USD 359.05 billion current USD 10
2010s 521.75 billion current USD 402.90 billion current USD 587.07 billion current USD 10
2020s 730.80 billion current USD 594.10 billion current USD 894.64 billion current USD 5

Countries ranked near IDA & IBRD total

  1. 2 China 313.66 billion current USD compare
  2. 3 Russia 148.97 billion current USD compare
  3. 4 Germany 88.46 billion current USD compare
  4. 5 India 86.13 billion current USD compare
  5. 6 United Kingdom 81.76 billion current USD compare
  6. 7 Saudi Arabia 80.33 billion current USD compare
  7. 8 Ukraine 64.70 billion current USD compare

See the full ranking of 211 places →

More public sector data for IDA & IBRD total

All data for IDA & IBRD total →

Frequently asked questions

What is military expenditure (current usd), gaps filled in IDA & IBRD total?
Military expenditure (current usd), gaps filled in IDA & IBRD total was 894.64 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in IDA & IBRD total?
The highest recorded value was 894.64 billion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in IDA & IBRD total?
The lowest recorded value was 75.41 billion current USD in 1987.
How does IDA & IBRD total rank for military expenditure (current usd), gaps filled?
IDA & IBRD total ranks 5th out of 41 groups with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in IDA & IBRD total?
Over the last ten years it is up 63.1%. The long-run trend across the full record is volatile.
Where does this IDA & IBRD total 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 IDA & IBRD total. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/ida-and-ibrd-total/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/ida-and-ibrd-total/">Military expenditure (current USD), gaps filled in IDA & IBRD total</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.