Military expenditure (current USD), gaps filled in Nigeria
Nigeria: Military expenditure (current USD), gaps filled was 1.13 billion current USD in 2024. ◆ Volatile
Military expenditure (current USD), gaps filled in Nigeria, 1960–2024
Source: Statizoid (derived). Measured in current USD.
Analysis
In 2024, military expenditure (current usd), gaps filled in Nigeria stood at 1.13 billion current USD.
That represents a change of down 63.5% on the previous year and down 51.9% over ten years.
Over the whole period, military expenditure (current usd), gaps filled in Nigeria peaked at 4.47 billion current USD in 2021 and was at its lowest, 23.38 million current USD, in 1960.
Nigeria ranks 83rd of 167 countries on this measure, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 160.52 million current USD | 23.38 million current USD | 684.46 million current USD | 10 |
| 1970s | 1.95 billion current USD | 639.26 million current USD | 3.14 billion current USD | 10 |
| 1980s | 1.19 billion current USD | 170.71 million current USD | 3.03 billion current USD | 10 |
| 1990s | 510.45 million current USD | 173.66 million current USD | 1.15 billion current USD | 10 |
| 2000s | 860.53 million current USD | 368.64 million current USD | 1.62 billion current USD | 10 |
| 2010s | 2.08 billion current USD | 1.62 billion current USD | 2.42 billion current USD | 10 |
| 2020s | 2.88 billion current USD | 1.13 billion current USD | 4.47 billion current USD | 5 |
Countries ranked near Nigeria
- 80 Tunisia 1.31 billion current USD compare
- 81 Kenya 1.23 billion current USD compare
- 82 Kazakhstan 1.21 billion current USD compare
- 84 Uganda 1.12 billion current USD compare
- 85 Burkina Faso 1.02 billion current USD compare
- 86 Dominican Republic 980.99 million current USD compare
More public sector data for Nigeria
- Arms imports 67.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.2879 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -27.96 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 67.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 4.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0045 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -63.46 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 102.11 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 3,405 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), gaps filled in Nigeria?
- Military expenditure (current usd), gaps filled in Nigeria was 1.13 billion current USD in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), gaps filled recorded in Nigeria?
- The highest recorded value was 4.47 billion current USD in 2021.
- What is the lowest military expenditure (current usd), gaps filled recorded in Nigeria?
- The lowest recorded value was 23.38 million current USD in 1960.
- How does Nigeria rank for military expenditure (current usd), gaps filled?
- Nigeria ranks 83rd out of 167 countries with data for 2024.
- Is military expenditure (current usd), gaps filled rising or falling in Nigeria?
- Over the last ten years it is down 51.9%. The long-run trend across the full record is volatile.
- Where does this Nigeria 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.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
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
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.