Military expenditure (current USD), gaps filled in Sri Lanka

Sri Lanka: Military expenditure (current USD), gaps filled was 1.33 billion current USD in 2024. ◆ Volatile

Latest (2024)
1.33 billion current USD
Change on year
up 14.4%
World rank
78th
of 167 countries
All-time high
2.06 billion current USD
in 2015
All-time low
13.92 million current USD
in 1963
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Sri Lanka, 1960–2024

0500.0M1.0B1.5B2.0B196019922024

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

Analysis

The most recent figure for military expenditure (current usd), gaps filled in Sri Lanka is 1.33 billion current USD, measured in 2024.

The figure is up 14.4% on the previous year and down 30.4% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Sri Lanka peaked at 2.06 billion current USD in 2015 and was at its lowest, 13.92 million current USD, in 1963.

Sri Lanka ranks 78th 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.

Military expenditure (current USD), gaps filled in Sri Lanka, year by year

Annual values for Military expenditure (current USD), gaps filled in Sri Lanka, 1960 to 2024.
Year current USD Change
1960 16.65 million current USD —
1961 17.08 million current USD +2.6%
1962 15.85 million current USD -7.2%
1963 13.92 million current USD -12.2%
1964 13.94 million current USD +0.2%
1965 14.47 million current USD +3.8%
1966 15.28 million current USD +5.6%
1967 15.71 million current USD +2.8%
1968 14.31 million current USD -9.0%
1969 15.86 million current USD +10.9%
1970 21.04 million current USD +32.6%
1971 32.26 million current USD +53.3%
1972 28.70 million current USD -11.0%
1973 25.15 million current USD -12.4%
1974 28.42 million current USD +13.0%
1975 30.48 million current USD +7.3%
1976 23.67 million current USD -22.3%
1977 28.08 million current USD +18.6%
1978 21.95 million current USD -21.8%
1979 28.07 million current USD +27.9%
1980 30.81 million current USD +9.8%
1981 27.68 million current USD -10.1%
1982 25.97 million current USD -6.2%
1983 45.95 million current USD +76.9%
1984 55.75 million current USD +21.3%
1985 188.95 million current USD +238.9%
1986 172.74 million current USD -8.6%
1987 226.70 million current USD +31.2%
1988 165.49 million current USD -27.0%
1989 125.68 million current USD -24.1%
1990 187.02 million current USD +48.8%
1991 277.39 million current USD +48.3%
1992 326.76 million current USD +17.8%
1993 354.79 million current USD +8.6%
1994 437.03 million current USD +23.2%
1995 763.66 million current USD +74.7%
1996 767.11 million current USD +0.5%
1997 698.79 million current USD -8.9%
1998 733.44 million current USD +5.0%
1999 631.01 million current USD -14.0%
2000 822.13 million current USD +30.3%
2001 675.02 million current USD -17.9%
2002 571.66 million current USD -15.3%
2003 541.70 million current USD -5.2%
2004 619.30 million current USD +14.3%
2005 644.21 million current USD +4.0%
2006 791.49 million current USD +22.9%
2007 1.05 billion current USD +33.3%
2008 1.51 billion current USD +43.3%
2009 1.52 billion current USD +0.7%
2010 1.53 billion current USD +0.6%
2011 1.75 billion current USD +14.4%
2012 1.47 billion current USD -15.9%
2013 1.60 billion current USD +8.5%
2014 1.91 billion current USD +19.6%
2015 2.06 billion current USD +7.5%
2016 1.74 billion current USD -15.4%
2017 1.87 billion current USD +7.2%
2018 1.64 billion current USD -12.2%
2019 1.56 billion current USD -4.8%
2020 1.49 billion current USD -4.7%
2021 1.54 billion current USD +3.6%
2022 1.00 billion current USD -34.9%
2023 1.17 billion current USD +16.4%
2024 1.33 billion current USD +14.4%

Sri Lanka compared with similar countries

  • Sri Lanka's 1.33 billion current USD is below the median for upper middle income countries, which is 1.38 billion current USD, 97% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD), gaps filled in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1985 +238.9% 55.75 million current USD 188.95 million current USD

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.31 million current USD 13.92 million current USD 17.08 million current USD 10
1970s 26.78 million current USD 21.04 million current USD 32.26 million current USD 10
1980s 106.57 million current USD 25.97 million current USD 226.70 million current USD 10
1990s 517.70 million current USD 187.02 million current USD 767.11 million current USD 10
2000s 875.39 million current USD 541.70 million current USD 1.52 billion current USD 10
2010s 1.71 billion current USD 1.47 billion current USD 2.06 billion current USD 10
2020s 1.31 billion current USD 1.00 billion current USD 1.54 billion current USD 5

Countries ranked near Sri Lanka

  1. 75 Latvia 1.43 billion current USD compare
  2. 76 Armenia 1.42 billion current USD compare
  3. 77 Bahrain 1.38 billion current USD compare
  4. 79 Ireland 1.33 billion current USD compare
  5. 80 Tunisia 1.31 billion current USD compare
  6. 81 Kenya 1.23 billion current USD compare

See the full ranking of 211 places →

More public sector data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Sri Lanka?
Military expenditure (current usd), gaps filled in Sri Lanka was 1.33 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Sri Lanka?
The highest recorded value was 2.06 billion current USD in 2015.
What is the lowest military expenditure (current usd), gaps filled recorded in Sri Lanka?
The lowest recorded value was 13.92 million current USD in 1963.
How does Sri Lanka rank for military expenditure (current usd), gaps filled?
Sri Lanka ranks 78th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Sri Lanka?
Over the last ten years it is down 30.4%. The long-run trend across the full record is volatile.
Where does this Sri Lanka 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 Sri Lanka. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/sri-lanka/

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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.