Military expenditure (current USD), gaps filled in Low income

Low income: Military expenditure (current USD), gaps filled was 9.31 billion current USD in 2024. ▲ Rising

Latest (2024)
9.31 billion current USD
Change on year
up 17.9%
Rank
39th
of 41 groups
All-time high
9.84 billion current USD
in 2009
All-time low
517.77 million current USD
in 1970
Years of data
55
1970–2024

Military expenditure (current USD), gaps filled in Low income, 1970–2024

02.0B4.0B6.0B8.0B10.0B197019972024

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

Analysis

Low income recorded 9.31 billion current USD for military expenditure (current usd), gaps filled in 2024.

Compared with earlier readings it is up 17.9% on the previous year and up 56.6% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Low income peaked at 9.84 billion current USD in 2009 and was at its lowest, 517.77 million current USD, in 1970.

That places Low income 39th out of 41 groups with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.40 billion current USD 517.77 million current USD 2.93 billion current USD 10
1980s 4.37 billion current USD 2.88 billion current USD 5.52 billion current USD 10
1990s 4.02 billion current USD 2.41 billion current USD 6.36 billion current USD 10
2000s 5.61 billion current USD 3.01 billion current USD 9.84 billion current USD 10
2010s 6.47 billion current USD 4.76 billion current USD 8.42 billion current USD 10
2020s 7.23 billion current USD 5.90 billion current USD 9.31 billion current USD 5

Countries ranked near Low income

  1. 36 Kuwait 7.79 billion current USD compare
  2. 37 Finland 6.99 billion current USD compare
  3. 38 Switzerland 6.72 billion current USD compare
  4. 39 Czechia 6.52 billion current USD compare
  5. 40 Iraq 6.18 billion current USD compare
  6. 41 Philippines 6.12 billion current USD compare
  7. 42 Oman 5.99 billion current USD compare

See the full ranking of 211 places →

More public sector data for Low income

All data for Low income →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Low income?
Military expenditure (current usd), gaps filled in Low income was 9.31 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Low income?
The highest recorded value was 9.84 billion current USD in 2009.
What is the lowest military expenditure (current usd), gaps filled recorded in Low income?
The lowest recorded value was 517.77 million current USD in 1970.
How does Low income rank for military expenditure (current usd), gaps filled?
Low income ranks 39th out of 41 groups with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Low income?
Over the last ten years it is up 56.6%. The long-run trend across the full record is rising.
Where does this Low income 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 Low income. Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/low-income/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/low-income/">Military expenditure (current USD), gaps filled in Low income</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.