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

Middle income: Military expenditure (current USD), gaps filled was 678.38 billion current USD in 2024. ◆ Volatile

Latest (2024)
678.38 billion current USD
Change on year
up 6.3%
Rank
9th
of 41 groups
All-time high
678.38 billion current USD
in 2024
All-time low
73.84 billion current USD
in 1993
Years of data
36
1989–2024

Military expenditure (current USD), gaps filled in Middle income, 1989–2024

0200.0B400.0B600.0B1989200620241989: 80.2B current USD1990: 83.3B current USD1991: 79.3B current USD1992: 85.4B current USD1993: 73.8B current USD1994: 77.8B current USD1995: 90.5B current USD1996: 97.2B current USD1997: 103.5B current USD1998: 102.8B current USD1999: 107.0B current USD2000: 114.0B current USD2001: 119.2B current USD2002: 117.3B current USD2003: 140.1B current USD2004: 162.9B current USD2005: 187.5B current USD2006: 176.8B current USD2007: 212.8B current USD2008: 258.0B current USD2009: 281.0B current USD2010: 318.6B current USD2011: 357.0B current USD2012: 389.7B current USD2013: 420.4B current USD2014: 436.9B current USD2015: 430.4B current USD2016: 432.0B current USD2017: 466.9B current USD2018: 489.6B current USD2019: 491.0B current USD2020: 499.0B current USD2021: 539.7B current USD2022: 586.5B current USD2023: 638.4B current USD2024: 678.4B current USD

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

Analysis

In 2024, military expenditure (current usd), gaps filled in Middle income stood at 678.38 billion current USD. That is the highest value across all 36 years on record.

Compared with earlier readings it is up 6.3% on the previous year and up 55.3% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Middle income peaked at 678.38 billion current USD in 2024 and was at its lowest, 73.84 billion current USD, in 1993.

That places Middle income 9th out of 41 groups with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 80.19 billion current USD 80.19 billion current USD 80.19 billion current USD 1
1990s 90.08 billion current USD 73.84 billion current USD 107.02 billion current USD 10
2000s 176.96 billion current USD 114.03 billion current USD 280.97 billion current USD 10
2010s 423.24 billion current USD 318.58 billion current USD 490.96 billion current USD 10
2020s 588.39 billion current USD 499.01 billion current USD 678.38 billion current USD 5

Countries ranked near Middle income

  1. 6 United Kingdom 81.76 billion current USD compare
  2. 7 Saudi Arabia 80.33 billion current USD compare
  3. 8 Ukraine 64.70 billion current USD compare
  4. 9 France 64.67 billion current USD compare
  5. 10 Japan 55.27 billion current USD compare
  6. 11 Republic of Korea 47.57 billion current USD compare
  7. 12 Israel 46.51 billion current USD compare

See the full ranking of 211 places →

More public sector data for Middle income

All data for Middle income →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Middle income?
Military expenditure (current usd), gaps filled in Middle income was 678.38 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Middle income?
The highest recorded value was 678.38 billion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Middle income?
The lowest recorded value was 73.84 billion current USD in 1993.
How does Middle income rank for military expenditure (current usd), gaps filled?
Middle income ranks 9th out of 41 groups with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Middle income?
Over the last ten years it is up 55.3%. The long-run trend across the full record is volatile.
Where does this Middle 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 Middle income. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/middle-income/

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