Military expenditure (current USD), gaps filled in Namibia

Namibia: Military expenditure (current USD), gaps filled was 362.39 million current USD in 2024. ◆ Volatile

Latest (2024)
362.39 million current USD
Change on year
up 6.8%
World rank
116th
of 167 countries
All-time high
537.46 million current USD
in 2014
All-time low
56.96 million current USD
in 1994
Years of data
35
1990–2024

Military expenditure (current USD), gaps filled in Namibia, 1990–2024

100.0M200.0M300.0M400.0M500.0M1990200720241990: 156.9M current USD1991: 144.8M current USD1992: 124.6M current USD1993: 70.2M current USD1994: 57.0M current USD1995: 68.2M current USD1996: 66.5M current USD1997: 83.7M current USD1998: 78.9M current USD1999: 105.8M current USD2000: 92.4M current USD2001: 96.8M current USD2002: 88.0M current USD2003: 129.4M current USD2004: 167.0M current USD2005: 192.1M current USD2006: 199.6M current USD2007: 228.2M current USD2008: 266.2M current USD2009: 299.5M current USD2010: 396.5M current USD2011: 443.6M current USD2012: 412.2M current USD2013: 390.0M current USD2014: 537.5M current USD2015: 518.2M current USD2016: 425.4M current USD2017: 456.1M current USD2018: 455.6M current USD2019: 414.1M current USD2020: 368.2M current USD2021: 400.2M current USD2022: 365.6M current USD2023: 339.4M current USD2024: 362.4M current USD

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

Analysis

Namibia recorded 362.39 million current USD for military expenditure (current usd), gaps filled in 2024.

Compared with earlier readings it is up 6.8% on the previous year and down 32.6% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Namibia peaked at 537.46 million current USD in 2014 and was at its lowest, 56.96 million current USD, in 1994.

That places Namibia 116th out of 167 countries with data for 2024, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 95.64 million current USD 56.96 million current USD 156.92 million current USD 10
2000s 175.92 million current USD 87.99 million current USD 299.52 million current USD 10
2010s 444.90 million current USD 389.96 million current USD 537.46 million current USD 10
2020s 367.17 million current USD 339.40 million current USD 400.20 million current USD 5

Countries ranked near Namibia

  1. 113 Guatemala 415.19 million current USD compare
  2. 114 Paraguay 413.97 million current USD compare
  3. 115 Sudan 375.21 million current USD compare
  4. 117 North Macedonia 353.69 million current USD compare
  5. 118 Zambia 349.67 million current USD compare
  6. 119 Gabon 319.10 million current USD compare

See the full ranking of 211 places →

More public sector data for Namibia

All data for Namibia →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Namibia?
Military expenditure (current usd), gaps filled in Namibia was 362.39 million current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Namibia?
The highest recorded value was 537.46 million current USD in 2014.
What is the lowest military expenditure (current usd), gaps filled recorded in Namibia?
The lowest recorded value was 56.96 million current USD in 1994.
How does Namibia rank for military expenditure (current usd), gaps filled?
Namibia ranks 116th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Namibia?
Over the last ten years it is down 32.6%. The long-run trend across the full record is volatile.
Where does this Namibia 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 Namibia. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/namibia/

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