Military expenditure (current USD), gaps filled in Upper middle income
Upper middle income: Military expenditure (current USD), gaps filled was 551.35 billion current USD in 2024. ◆ Volatile
Military expenditure (current USD), gaps filled in Upper middle income, 1989–2024
Source: Statizoid (derived). Measured in current USD.
Analysis
Upper middle income recorded 551.35 billion current USD for military expenditure (current usd), gaps filled in 2024. That is the highest value across all 36 years on record.
That represents a change of up 6.7% on the previous year and up 61.2% over ten years.
Over the whole period, military expenditure (current usd), gaps filled in Upper middle income peaked at 551.35 billion current USD in 2024 and was at its lowest, 51.09 billion current USD, in 1993.
That places Upper middle income 11th 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.
Military expenditure (current USD), gaps filled in Upper middle income, year by year
| Year | current USD | Change |
|---|---|---|
| 1989 | 56.23 billion current USD | — |
| 1990 | 58.97 billion current USD | +4.9% |
| 1991 | 59.07 billion current USD | +0.2% |
| 1992 | 64.75 billion current USD | +9.6% |
| 1993 | 51.09 billion current USD | -21.1% |
| 1994 | 54.71 billion current USD | +7.1% |
| 1995 | 64.32 billion current USD | +17.6% |
| 1996 | 70.29 billion current USD | +9.3% |
| 1997 | 73.74 billion current USD | +4.9% |
| 1998 | 72.13 billion current USD | -2.2% |
| 1999 | 72.88 billion current USD | +1.0% |
| 2000 | 77.57 billion current USD | +6.4% |
| 2001 | 81.32 billion current USD | +4.8% |
| 2002 | 77.30 billion current USD | -5.0% |
| 2003 | 85.07 billion current USD | +10.1% |
| 2004 | 96.77 billion current USD | +13.8% |
| 2005 | 112.69 billion current USD | +16.4% |
| 2006 | 131.18 billion current USD | +16.4% |
| 2007 | 160.38 billion current USD | +22.3% |
| 2008 | 195.83 billion current USD | +22.1% |
| 2009 | 213.93 billion current USD | +9.2% |
| 2010 | 240.99 billion current USD | +12.7% |
| 2011 | 274.09 billion current USD | +13.7% |
| 2012 | 302.33 billion current USD | +10.3% |
| 2013 | 328.57 billion current USD | +8.7% |
| 2014 | 341.99 billion current USD | +4.1% |
| 2015 | 339.57 billion current USD | -0.7% |
| 2016 | 336.31 billion current USD | -1.0% |
| 2017 | 361.59 billion current USD | +7.5% |
| 2018 | 381.92 billion current USD | +5.6% |
| 2019 | 381.14 billion current USD | -0.2% |
| 2020 | 386.47 billion current USD | +1.4% |
| 2021 | 418.10 billion current USD | +8.2% |
| 2022 | 464.65 billion current USD | +11.1% |
| 2023 | 516.67 billion current USD | +11.2% |
| 2024 | 551.35 billion current USD | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 56.23 billion current USD | 56.23 billion current USD | 56.23 billion current USD | 1 |
| 1990s | 64.20 billion current USD | 51.09 billion current USD | 73.74 billion current USD | 10 |
| 2000s | 123.20 billion current USD | 77.30 billion current USD | 213.93 billion current USD | 10 |
| 2010s | 328.85 billion current USD | 240.99 billion current USD | 381.92 billion current USD | 10 |
| 2020s | 467.45 billion current USD | 386.47 billion current USD | 551.35 billion current USD | 5 |
Countries ranked near Upper middle income
- 8 Ukraine 64.70 billion current USD compare
- 9 France 64.67 billion current USD compare
- 10 Japan 55.27 billion current USD compare
- 11 South Korea 47.57 billion current USD compare
- 12 Israel 46.51 billion current USD compare
- 13 Poland 38.00 billion current USD compare
- 14 Italy 37.96 billion current USD compare
More public sector data for Upper middle income
- Arms imports 8.06 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.63 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 2.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.06 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 179.69 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0172 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.71 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 176.55 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 11,632 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), gaps filled in Upper middle income?
- Military expenditure (current usd), gaps filled in Upper middle income was 551.35 billion current USD in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), gaps filled recorded in Upper middle income?
- The highest recorded value was 551.35 billion current USD in 2024.
- What is the lowest military expenditure (current usd), gaps filled recorded in Upper middle income?
- The lowest recorded value was 51.09 billion current USD in 1993.
- How does Upper middle income rank for military expenditure (current usd), gaps filled?
- Upper middle income ranks 11th out of 41 groups with data for 2024.
- Is military expenditure (current usd), gaps filled rising or falling in Upper middle income?
- Over the last ten years it is up 61.2%. The long-run trend across the full record is volatile.
- Where does this Upper 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.
Download this data
CSV · JSON — 36 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.