Military expenditure (current USD), gaps filled in Nepal

Nepal: Military expenditure (current USD), gaps filled was 426.52 million current USD in 2024. ◆ Volatile

Latest (2024)
426.52 million current USD
Change on year
down 2.3%
World rank
111th
of 167 countries
All-time high
454.51 million current USD
in 2022
All-time low
5.19 million current USD
in 1970
Years of data
55
1970–2024

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

0100.0M200.0M300.0M400.0M500.0M197019972024

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

Analysis

The most recent figure for military expenditure (current usd), gaps filled in Nepal is 426.52 million current USD, measured in 2024.

The figure is down 2.3% on the previous year and up 30.0% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Nepal peaked at 454.51 million current USD in 2022 and was at its lowest, 5.19 million current USD, in 1970.

That places Nepal 111th 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
1970s 10.10 million current USD 5.19 million current USD 17.30 million current USD 10
1980s 29.35 million current USD 20.08 million current USD 36.33 million current USD 10
1990s 39.89 million current USD 35.43 million current USD 47.48 million current USD 10
2000s 131.80 million current USD 51.36 million current USD 209.70 million current USD 10
2010s 338.04 million current USD 254.95 million current USD 436.75 million current USD 10
2020s 441.03 million current USD 426.52 million current USD 454.51 million current USD 5

Countries ranked near Nepal

  1. 108 Kyrgyzstan 473.05 million current USD compare
  2. 109 Mozambique 450.45 million current USD compare
  3. 110 Niger 435.88 million current USD compare
  4. 112 El Salvador 425.20 million current USD compare
  5. 113 Guatemala 415.19 million current USD compare
  6. 114 Paraguay 413.97 million current USD compare

See the full ranking of 211 places →

More public sector data for Nepal

All data for Nepal →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Nepal?
Military expenditure (current usd), gaps filled in Nepal was 426.52 million current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Nepal?
The highest recorded value was 454.51 million current USD in 2022.
What is the lowest military expenditure (current usd), gaps filled recorded in Nepal?
The lowest recorded value was 5.19 million current USD in 1970.
How does Nepal rank for military expenditure (current usd), gaps filled?
Nepal ranks 111th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Nepal?
Over the last ten years it is up 30.0%. The long-run trend across the full record is volatile.
Where does this Nepal 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 Nepal. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/nepal/

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